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Corner Retail Building
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1875 Altamont Ave, Schenectady, NY 12303

Corner retail building on a signalized intersection along a major commercial corridor.

Property Size2,985 SF
Price / SF$670.02
Days on Market195

Property Features for 1875 Altamont Ave

General Information

Standard status Active
Size 2,985 SF
Property subtype RETAIL
Lease Type NNN
Listing Agency: Vanguard-Fine, LLC
Listed By: Kenneth Brownell · License #10491200498
Source: Moodyscre
Added: Feb 4 Changed: Jul 28 Last Checked: Jul 28 at 4:34PM

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 Vanguard-Fine, LLC

Investment Insights

Based on property information with market context.

This for-sale retail building is positioned on a corner lot next to a signalized intersection, providing a straightforward street-facing presence for retail users. Tenant responsibilities are defined: the tenant pays utilities and taxes and maintains all aspects of the premises, with no landlord responsibilities stated.

The property is located along Altamont Ave, identified in the remarks as a main commercial corridor in the Albany, NY MSA.

The asset is offered as a compact retail property configured for retail occupancy, with the primary consideration being its corner placement along a primary thoroughfare.

Key Highlights

  • Corner retail building next to a signalized intersection
  • Located along Altamont Ave, a main commercial corridor in the Albany, NY MSA
  • Tenant pays utilities and taxes and maintains all aspects of the premises; no landlord responsibilities listed

Property Analytics

Current Use

Chase Bank Bank

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Restaurant Building Supply Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

Demographics for 12303, NY

30,893
Population
12,533
Households
2.5
Avg Household Size
41
Median Age
35%
College-Educated
90%
High-School Grad
15.6 sq mi
ZIP Area
1,980
Density / Sq Mi
$77,615
Median Household Income
$50,051
Median Earnings
$1,120
Median Rent
$227,500
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Retail space - Corner retail building on a signalized intersection along a major commercial corridor.
Where is this retail space located?
The property is located at 1875 Altamont Ave Schenectady, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Corner retail building next to a signalized intersection; Located along Altamont Ave, a main commercial corridor in the Albany, NY MSA; Tenant pays utilities and taxes and maintains all aspects of the premises; no landlord responsibilities listed
(518) 424-5094 Call to check price and availability
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