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    Turnkey Mixed-Use Property in Schenectady Title is generated by Realmo AI

    1685 Van Vranken Avenue, Schenectady, NY 12308

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    Mixed-use property with commercial kitchen and residential apartment in Schenectady.

    Type:Retail
    Property size:
    2,438 SF
    Price / SF:
    $237/SF
    Added:
    Jan 27, 2026
    Days on Market:
    155
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 1685 Van Vranken Avenue

    General Information

    Standard status
    Active
    Size
    2,438 SF
    Property subtype
    Retail

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    Ebaan Bookay

    Listing office Coldwell Banker Prime Properties Niskayuna

    Listing date Jan 27, 2026

    Source Crexi

    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 Coldwell Banker Prime Properties Niskayuna

    HighLights

    • Turnkey mixed‑use property with operating convenience store and full commercial kitchen.
    • Includes adjacent vacant lot for development or parking.
    • Spacious 3‑bedroom apartment with existing long‑term tenants.
    • Ideal for investors or owner‑operators.
    • Conveniently located near Union College and Rivers Casino.
    • Located in the heart of Schenectady.

    Overview

    This mixed-use property is located in Schenectady, near Union College and Rivers Casino. The first floor is currently configured as a convenience store, featuring a full commercial kitchen suitable for a deli or restaurant. The second floor contains a 3-bedroom, 1-bath apartment with long-term tenants. The property is being sold with an adjacent vacant lot, offering potential for additional development or parking. The property size is 2438 square feet.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $47.7k $19.56
    − Vacancy −$2.0k −$0.82
    EGI $45.7k $18.74
    − OpEx −$11.4k −$4.68
    NOI $34.3k $14.05
    2,438 SF · lease $19.56/SF/yr · vacancy 4.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $489.5K
    $428.3K – $571.1K (±1% cap)
    NOI $34,263 @ 7.0% cap · market cap 5.92%
    Second Best
    Mixed Use
    $480.6K
    $420.6K – $560.7K (±1% cap)
    NOI $33,644 @ 7.0% cap · market cap 5.81%
    Theoretical Best
    Office A
    $729.7K
    $638.5K – $851.4K (±1% cap)
    NOI $51,081 @ 7.0% cap · market cap 8.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kris & Bella Store ... Grocery & Convenience Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9245518
    Latitude
    42.8239526

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial kitchen and residential apartment in Schenectady.
    Where is this mixed-use property located?
    The property is located at 1685 Van Vranken Avenue Schenectady, NY.
    What is the asking price?
    The asking price for this property is $579,000.
    What are key features of this property?
    This property features: Turnkey mixed‑use property with operating convenience store and full commercial kitchen.; Includes adjacent vacant lot for development or parking.; Spacious 3‑bedroom apartment with existing long‑term tenants.
    More about this property
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