Brick Duplex With Finished
For Sale
$480,000
1719 Eastern Parkway, Schenectady, NY 12309
All-brick two-family property with a custom kitchen, bonus family room, central air, and forced-air heating.
Property Size3,143 SF
Days on Market263
Property Features for 1719 Eastern Parkway
General Information
Standard status
Active
Size
3,143 SF
Property subtype
Duplex
Amenities
Fireplace
Forced Air
Central Air
Natural Gas
Porch, Asbestos Shingle
Building Details
Building Size
3,143 SF
Year Built
1925
Listing Agency:
Buy N Sell Realty Inc
Listed By:
Subhash D Sukhram · License #40SU1090746
(718) 835-6100
Source:
Kw
Added: Jan 24
Changed: Oct 13
Last Checked: Oct 12 at 5:59PM
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 Buy N Sell Realty Inc
Investment Insights
Based on property information with market context.
Built in 1925, this all-brick duplex offers a two-family configuration with 6 bedrooms and 2 full baths. Interior features include a custom kitchen, bonus family room, fireplace, central air, and forced-air heating and cooling supported by high-efficiency units. Natural gas service is also present.
The property includes a finished 2-car garage and a porch. Exterior materials include brick and asbestos shingle elements, providing a combination of durable masonry construction and existing residential detailing. The address is 1719 Eastern Parkway in Schenectady, New York.
The property includes a finished 2-car garage and a porch. Exterior materials include brick and asbestos shingle elements, providing a combination of durable masonry construction and existing residential detailing. The address is 1719 Eastern Parkway in Schenectady, New York.
Key Highlights
- Two‑family layout with 6 bedrooms and 2 full baths
- Finished 2‑car garage
- All‑brick construction with porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,793
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,860
$715.9K
Cap Rate 7%
$511,329
$511.3K
Cap Rate 9%
$397,700
$397.7K
Market Conditions
NOI Build-Up for 3,143 SF
Gross rent
$54.7K $17.40/SF
− Vacancy
−$3.6K −$1.13/SF
EGI
$51.1K $16.27/SF
− OpEx
−$15.3K −$4.88/SF
NOI
$35.8K $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%
$715,860
Cap Rate 7%
$511,329
Cap Rate 9%
$397,700
Alternative Uses
Best Use
Multifamily LT 5
$511.3K
$447.4K – $596.6K
NOI $35,793 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$458.6K
$401.3K – $535.1K
NOI $32,105 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$940.7K
$823.2K – $1.10M
NOI $65,852 @ 7.0% cap · market cap 13.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
883
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - All-brick two-family property with a custom kitchen, bonus family room, central air, and forced-air heating.
Where is this duplex located?
The property is located at 1719 Eastern Parkway Schenectady, NY.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Two‑family layout with 6 bedrooms and 2 full baths; Finished 2‑car garage; All‑brick construction with porch
