Quadplex Apartment
234 Jackson Avenue Schenectady, NY 12304
234 Jackson Avenue, Schenectady, NY, 12304
$425,000
Pending
For Sale
$425,000
Pending
MULTI_FAMILY - Other - Schenectady, NY
Property Size2,400 SF
Lot Size0.12 Acres
Days on Market47
Property Features for 234 Jackson Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 2
- Parking
- 4
- Parking features
- Off Street, Driveway
- Window features
- Window Coverings, Double Pane Windows
- Patio and Porch features
- Porch, Deck
- Basement
- Exterior Entry, Partial
- Standard status
- Pending
- APN
- 421500 60.37-1-11
- Size
- 2,400 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7625
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Natural Gas, Radiant, Hot Water(Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1955
- Number of units
- 4
- Flooring type
- Tile, Wood
- Building materials
- Block, Brick
- Roof type
- Asphalt
- Architectural style
- Other
Listing agency
Berkshire Hathaway Home Services Blake
(518) 935-2555
Listed by
Josephine Polsinelli · License #10401300250
(518) 573-7387
Added: Jun 6 Updated: Jun 18 at 7:09PM Checked: Jul 22 at 1:06AM
MLS# 202618993
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This quadplex apartment building offers four separate units and totals 2,400 square feet. Apartment 1A is vacant and located on the first-floor right-hand side. The remaining tenant-occupied apartments are available by appointment, with the seller requesting a second appointment to view those occupied units.
The property is located at 234 Jackson Avenue in Schenectady, New York 12304, in Schenectady County. The lot size is listed as 0.12 acres.
For buyers seeking a residential income asset with immediate access to a vacant unit, this configuration may be practical for in-person evaluation. Because most units are currently occupied, tours will need to be scheduled around tenant availability, and viewing the vacant unit and occupied apartments will require separate appointment coordination.
The property is located at 234 Jackson Avenue in Schenectady, New York 12304, in Schenectady County. The lot size is listed as 0.12 acres.
For buyers seeking a residential income asset with immediate access to a vacant unit, this configuration may be practical for in-person evaluation. Because most units are currently occupied, tours will need to be scheduled around tenant availability, and viewing the vacant unit and occupied apartments will require separate appointment coordination.
Key Highlights
- Apartment 1A is vacant and located on the first‑floor right‑hand side
- Built in 1955 with block and brick construction
- Heating includes electric, natural gas, radiant, and hot water systems
Local Financial Insights For Multifamily LT 5
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 | $41.8k | $17.40 |
| − Vacancy | −$2.7k | −$1.13 |
| EGI | $39.0k | $16.27 |
| − OpEx | −$11.7k | −$4.88 |
| NOI | $27.3k | $11.39 |
2,400 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$390.5K
$341.7K – $455.5K
NOI $27,332 @ 7.0% cap · market cap 6.43%
Second Best
Apartment 5plus
$350.2K
$306.5K – $408.6K
NOI $24,516 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$718.4K
$628.6K – $838.1K
NOI $50,285 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Four-unit residential income building with one first-floor unit currently vacant for a prospective buyer to review.
Where is this quadplex located?
The property is located at 234 Jackson Avenue Schenectady, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Apartment 1A is vacant and located on the first‑floor right‑hand side; Built in 1955 with block and brick construction; Heating includes electric, natural gas, radiant, and hot water systems
