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Storefront Retail Space
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1624 Union St, Schenectady, NY 12309

Storefront space on Union St with public parking behind the building in a central business area.

Property Size1,500 SF
Days on Market178

Property Features for 1624 Union St

General Information

Standard status Active
Size 1,500 SF
Property subtype RETAIL
Lease Type SF/yr

Additional Details

Space Use Office
Listing Agency: TRG
Listed By: Paul Fallati
Source: Moodyscre
Added: Feb 2 Changed: Jul 29 Last Checked: Jul 30 at 7:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TRG

Investment Insights

Based on property information with market context.

This storefront retail space offers strong exposure for businesses looking to draw foot and vehicle traffic on Union St Central Business. The location provides high visibility with reported 8,892 AADT, making it well-suited for retail or office uses that benefit from prominent street presence.

Public parking is available behind the building, supporting convenient access for customers and visitors.

The property includes approximately 1,500 SF of space, offering a practical footprint for an operator seeking a storefront setting in a high-visibility corridor.

Key Highlights

  • Storefront space on Union St Central Business
  • High visibility location with 8,892 AADT
  • Public parking behind the building

Property Analytics

Current Use

Green Leaf Wellness ... (Bike/Boat/Book/etc) Store Sondra's Fine Jewelry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

917
Businesses Nearby
Under-served
Demand for This Use

Demographics for 12309, NY

31,273
Population
13,623
Households
2.3
Avg Household Size
43
Median Age
59%
College-Educated
97%
High-School Grad
17.6 sq mi
ZIP Area
1,777
Density / Sq Mi
$119,830
Median Household Income
$68,167
Median Earnings
$1,472
Median Rent
$301,100
Median Home Value

Market

Lease Benchmarks for Schenectady, NY

$9.04 /SF/Yr
Avg Asking Price
$1.79–$16 /SF/Yr
Price Range
43,113 SF
Avg Space Size

This space is priced 66% above the average of $9.04 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Storefront property - Storefront space on Union St with public parking behind the building in a central business area.
Where is this storefront property located?
The property is located at 1624 Union St Schenectady, NY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Storefront space on Union St Central Business; High visibility location with 8,892 AADT; Public parking behind the building
(518) 461-2709 Call to check price and availability
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