Two-Unit Duplex with Separate
For Sale
$435,000
17 Berwyn Street, Schenectady, NY 12304
Side-by-side residential property with individual driveways, two bedrooms per unit, and backyard space.
Property Size1,924 SF
Price / SF$226.09
Days on Market166
Property Features for 17 Berwyn Street
General Information
Standard status
Active
Size
1,924 SF
Property subtype
Multi-family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1982
Listing Agency:
Falvey Real Estate Group Ltd
Listed By:
James W Rosenberger · License #40RO1132254
(518) 542-1430
Source:
Signatureonerealtygroup
Added: May 20
Changed: Nov 1
Last Checked: Nov 1 at 5:57AM
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 Falvey Real Estate Group Ltd
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Investment Insights
Based on property information with market context.
This 1,924-square-foot duplex is arranged as two side-by-side residences. Each unit includes two bedrooms and one bathroom, creating a consistent two-bedroom, one-bathroom configuration across the property. Separate driveways serve the units, and the property includes a backyard.
The duplex is located in Schenectady, New York, within the South Colonie school district and near shopping. Its two-unit layout and independent driveway access provide a straightforward configuration for residential income ownership.
The duplex is located in Schenectady, New York, within the South Colonie school district and near shopping. Its two-unit layout and independent driveway access provide a straightforward configuration for residential income ownership.
Key Highlights
- 1,924‑square‑foot side‑by‑side duplex
- Two units, each with 2 bedrooms and 1 bathroom
- Separate driveways serve each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,911
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,220
$438.2K
Cap Rate 7%
$313,014
$313.0K
Cap Rate 9%
$243,456
$243.5K
Market Conditions
NOI Build-Up for 1,924 SF
Gross rent
$33.5K $17.40/SF
− Vacancy
−$2.2K −$1.13/SF
EGI
$31.3K $16.27/SF
− OpEx
−$9.4K −$4.88/SF
NOI
$21.9K $11.39/SF
Area
Schenectady County, NY
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,220
Cap Rate 7%
$313,014
Cap Rate 9%
$243,456
Alternative Uses
Best Use
Multifamily LT 5
$313.0K
$273.9K – $365.2K
NOI $21,911 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$280.8K
$245.7K – $327.6K
NOI $19,653 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$575.9K
$503.9K – $671.9K
NOI $40,312 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
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Business Placement
Demographics for 12304, NY
21,513
Population
9,438
Households
2.3
Avg Household Size
40
Median Age
25%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,211
Density / Sq Mi
$67,688
Median Household Income
$43,824
Median Earnings
$1,049
Median Rent
$171,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Side-by-side residential property with individual driveways, two bedrooms per unit, and backyard space.
Where is this duplex located?
The property is located at 17 Berwyn Street Schenectady, NY.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 1,924‑square‑foot side‑by‑side duplex; Two units, each with 2 bedrooms and 1 bathroom; Separate driveways serve each residence
