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Retail Showroom with Yard

1717-1721 State St Schenectady, NY 12304

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1717-1721 State St, Schenectady, NY, 12304
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Large showroom includes front counter, offices, breakroom, restrooms, and a fenced yard with separate access.

Property Size8,425 SF
Price / SF$142.43
AddedJul 13
Days on Market4
Last RefreshJul 15 at 1:57 am

Property Features for 1717-1721 State St

General Information

Standard status
Active
Size
8,425 SF
Property subtype
RETAIL

Listing office CBRE | Albany

Listing date Jul 13, 2026

Source Moodyscre

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 CBRE | Albany


Investment Insights

Based on property information with market context.

The property is a built-out retail showroom designed with a prominent counter up front, along with private offices, a breakroom, bathrooms, and rear storage. A full basement is included for storage and maintenance, with grade level door access for convenient handling. The site also features a fenced-in yard, providing an additional controlled outdoor area.

Main parking is accessible via State Street (Route 5), which reports an AADT traffic count of 14,178 (2025). The fenced yard is accessible via Steers Avenue.

On-site parking totals 25 spaces, supporting customer access and day-to-day operations. The combination of showroom interior improvements, basement access, and an enclosed yard makes the space well-suited for retail uses that benefit from both customer-facing presentation and behind-the-scenes storage needs.

Key Highlights

  • Large showroom build‑out with front counter, private offices, breakroom, restrooms, and rear storage
  • ±25 parking spaces with main parking lot access via State Street (Route 5)
  • Excellent visibility along State Street (Route 5) with 2025 AADT traffic count of 14,178

Local Financial Insights For 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 $151.7k $18.00
− Vacancy −$6.4k −$0.76
EGI $145.3k $17.24
− OpEx −$43.6k −$5.17
NOI $101.7k $12.07
8,425 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.45M
$1.27M – $1.69M (±1% cap)
NOI $101,696 @ 7.0% cap · market cap 8.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.52M
$2.21M – $2.94M (±1% cap)
NOI $176,521 @ 7.0% cap · market cap 14.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Showrooms

Suggested Use

Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Skin Care Clinic Restaurant Nail Salon HVAC Service Accounting Firm

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

Similar Off Market Nearby

  • Risa LLC — 1491 state st, schenectady, ny 12304
  • The Tile Man — 1868 Hexam Rd W, Niskayuna, NY 12309

FAQs

What type of property is this?
Showroom - Large showroom includes front counter, offices, breakroom, restrooms, and a fenced yard with separate access.
Where is this showroom located?
The property is located at 1717-1721 State St Schenectady, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Large showroom build‑out with front counter, private offices, breakroom, restrooms, and rear storage; ±25 parking spaces with main parking lot access via State Street (Route 5); Excellent visibility along State Street (Route 5) with 2025 AADT traffic count of 14,178
Contact an agent
(518) 378-2501 Call to check price and availability
More about this property
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