Two-Unit Duplex with
New
For Sale
$327,000
2734 Broadway, Schenectady, NY 12306
MultiFamily, Schenectady, NY
Property Size2,207 SF
Lot Size0.26 Acres
Price / SF$148.16
Days on Market1
Property Features for 2734 Broadway
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2
Parking
5
Parking features
Driveway, Off Street, Garage
Window features
Double Pane Windows
Patio and Porch features
Patio, Porch
Interior features
Ceramic Tile Bath
Exterior features
Garden
Basement
Full, Finished, Partial
Lot features
Secluded, Private, Level, Landscaped, Garden
Elementary school district
Mohonasen
Middle school district
Mohonasen
High school district
Mohonasen
Directions
I 890 Broadway Exit 5. Left Upper Broadway about a 1.5 miles from exit.
Standard status
Active
APN
422800 48.19-8-63
Size
2,207 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Annual Amount
4034
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
central air
gas hot-air heat
shed
backyard
Building Details
Year built
1903
Number of units
2
Flooring type
Tile - Ceramic, Laminate, Vinyl, Hardwood
Building materials
Aluminum Siding, Vinyl Siding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Bicentennial Realty
(518) 439-3905
Listed By:
Lisa Joy-Rupinski · License #30JO0772155
(518) 469-6958
Added: Oct 7
Last Checked: Oct 7 at 8:06PM
MLS# 202627732
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 2,207-square-foot duplex in Rotterdam contains two units with 4+ bedrooms and 2 full bathrooms. The main residence has three bedrooms, an eat-in kitchen, an open living area, hardwood floors installed in 2021, and a finished basement area. Updates include kitchens, bathrooms, lighting, flooring, and interior and exterior paint. The second unit has been used as an Airbnb. Additional features include central air, natural gas forced-air heat, and a detached two-car garage.
The property occupies 0.26 acres and is within the Mohonasen School District. A backyard, shed, patio, porch, driveway, and off-street parking provide additional outdoor and parking features. Public water and public sewer serve the property.
The property occupies 0.26 acres and is within the Mohonasen School District. A backyard, shed, patio, porch, driveway, and off-street parking provide additional outdoor and parking features. Public water and public sewer serve the property.
Key Highlights
- Two‑unit duplex with 4+ bedrooms and 2 full bathrooms
- 2,207 square feet on a 0.26‑acre lot
- Main residence has 3 bedrooms, an eat‑in kitchen, and a finished basement area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,134
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,680
$502.7K
Cap Rate 7%
$359,057
$359.1K
Cap Rate 9%
$279,267
$279.3K
Market Conditions
NOI Build-Up for 2,207 SF
Gross rent
$38.4K $17.40/SF
− Vacancy
−$2.5K −$1.13/SF
EGI
$35.9K $16.27/SF
− OpEx
−$10.8K −$4.88/SF
NOI
$25.1K $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%
$502,680
Cap Rate 7%
$359,057
Cap Rate 9%
$279,267
Alternative Uses
Best Use
Multifamily LT 5
$359.1K
$314.2K – $418.9K
NOI $25,134 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$322.1K
$281.8K – $375.7K
NOI $22,544 @ 7.0% cap · market cap 6.89%
Theoretical Best
Office A
$660.6K
$578.0K – $770.7K
NOI $46,241 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
Explore this area
Business Placement
Demographics for 12306, NY
26,935
Population
12,481
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
43.9 sq mi
ZIP Area
614
Density / Sq Mi
$80,583
Median Household Income
$46,702
Median Earnings
$1,221
Median Rent
$212,700
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 - Central air, a detached two-car garage, and a separate apartment support a flexible two-unit layout.
Where is this duplex located?
The property is located at 2734 Broadway Schenectady, NY.
What is the asking price?
The asking price for this property is $327,000.
What are key features of this property?
This property features: Two‑unit duplex with 4+ bedrooms and 2 full bathrooms; 2,207 square feet on a 0.26‑acre lot; Main residence has 3 bedrooms, an eat‑in kitchen, and a finished basement area
