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Remodeled Downtown Storefront

18 North Center Street, Schenectady, NY 12305

For Lease
$1,200/Mo

A flexible retail setting includes a separate storage bay available for rent.

Space Size1,800 SF
Days on Market885

Property Features for 18 North Center Street

General Information

Standard status Active
Size 1,800 SF
Net Rentable 1,800 SF
Total Parking Spaces 2

Space & Availability

Available Space 1,800 SF
Contiguous Space 1,800 SF
Space Use Retail

Additional Details

Lease Term 36 months

Taxes and HOA fees

Annual Taxes $6,100

Building Details

Year Built 1960
Buildings 1
Listing Agency: Sterling Real Estate Group
Listed By: Brendan Nally · License NY #10401335670
Source: Krutz-properties
Added: Jun 12, 2024 Changed: Nov 13 Last Checked: Nov 13 at 4:56PM

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 Sterling Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

This remodeled storefront offers 1,800 square feet of space for a tenant build-out. A separate storage bay is also available for rent, providing an additional area for storage needs. The building dates to 1960.

The property is on North Center Street in downtown Schenectady, one block from Little Italy. The street has been redone. Lease terms include a three-year minimum and annual escalations. The owners offer general contracting services, a build-out budget, and potential construction financing for qualified tenants.

Key Highlights

  • 1,800 square feet of storefront space
  • Additional storage bay available for rent
  • Three‑year minimum lease with annual escalations

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Building Supply Bakery Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

435
Businesses Nearby
Under-served
Demand for This Use

Demographics for 12305, NY

6,085
Population
4,103
Households
1.5
Avg Household Size
37
Median Age
34%
College-Educated
88%
High-School Grad
1.5 sq mi
ZIP Area
4,057
Density / Sq Mi
$50,308
Median Household Income
$34,228
Median Earnings
$1,067
Median Rent
$162,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Schenectady, NY

$11.48 /SF/Yr
Avg Asking Price
$1.39–$20.63 /SF/Yr
Price Range
24,425 SF
Avg Space Size

This space is priced 30% below the average of $11.48 /SF/Yr.

Average Price Trend$/SF/Yr for Storefront properties in Schenectady, NY

$10.69 Jul
$11.01 Aug
$11.45 Sep
$11.28 Oct

Properties on Market for Storefront properties in Schenectady

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Village Floral — 106 Mohawk Ave, Schenectady, NY 12302

Frequently Asked Questions

What type of property is this?
Storefront property - A flexible retail setting includes a separate storage bay available for rent.
Where is this storefront property located?
The property is located at 18 North Center Street Schenectady, NY.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: 1,800 square feet of storefront space; Additional storage bay available for rent; Three‑year minimum lease with annual escalations
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