1717-1721 State St Schenectady, NY 12304
Large showroom includes front counter, offices, breakroom, restrooms, and a fenced yard with separate access.
Property Features for 1717-1721 State St
General Information
- Standard status
- Active
- Size
- 8,425 SF
- Property subtype
- RETAIL
Listing office CBRE | Albany (518) 378-2501
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.
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 |
Alternative Uses
Property Analytics
Current Use by Public Records
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