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Brick Mixed-Use Property
For Sale
$325,000

2735 Broadway, Rotterdam, NY 12306

Commercial Sale, Rotterdam, NY

Property Size1,334 SF
Lot Size0.15 Acres
Price / SF$243.63
Days on Market52

Property Features for 2735 Broadway

General Information

Property type Commercial Sale
Property subtype Other
Patio and Porch features Deck
High school district 000000
Directions 90W to 890W to Broadway
Standard status Active
APN 422800 48.15-11-4
Size 1,334 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Annual Amount 5489

Utilities

Heating system Forced Air
Water source Public

Amenities

composite deck

Building Details

Year built 1980
Floors in Building 1
Flooring type Linoleum
Building materials Brick
Roof type Asphalt
Listing Agency: Miranda Real Estate Group Inc
Listed By: Moonrani G Gumani · License #10401352209
Added: Sep 10 Changed: Oct 20 Last Checked: Oct 31 at 7:06PM
MLS# 11975091

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,334-square-foot mixed-use property occupies a level 0.15-acre lot and includes a single-story brick building constructed in 1980. The interior features an open main area with exposed brick accents, large storefront windows, additional private rooms, and a full bath. A rear composite deck provides additional exterior space, while forced-air heat, central air, public water, public sewer, and an asphalt shingle roof support the building’s operations.

The property provides 16 off-street parking spaces and is positioned on Broadway in Rotterdam, with access connecting through 90W and 890W. Mixed zoning and the current mixed-use designation support the existing commercial format, with the source describing potential applications including office, retail, restaurant, tavern, convenience store, and professional services. The sale includes the building and land, with possession at closing.

Key Highlights

  • 1,334‑square‑foot building on a 0.15‑acre lot
  • 16 off‑street parking spaces
  • Single‑story brick construction built in 1980

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,409
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,180 $368.2K
Cap Rate 7%
$262,986 $263.0K
Cap Rate 9%
$204,544 $204.5K
Market Conditions
NOI Build-Up for 1,334 SF
Gross rent
$32.0K $24.00/SF
− Vacancy
−$2.6K −$1.92/SF
EGI
$29.5K $22.08/SF
− OpEx
−$11.0K −$8.28/SF
NOI
$18.4K $13.80/SF
Area
Schenectady County, NY
Vacancy
8.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,180
Cap Rate 7%
$262,986
Cap Rate 9%
$204,544

Alternative Uses

Best Use
Mixed Use
$263.0K
$230.1K – $306.8K (±1% cap)
NOI $18,409 @ 7.0% cap · market cap 5.66%
Second Best
Retail
$230.0K
$201.3K – $268.4K (±1% cap)
NOI $16,102 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$399.3K
$349.4K – $465.8K (±1% cap)
NOI $27,950 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

Complete Music and Video Wedding Service Complete Weddings + Events Event Planning Melvin the Magnificent Theater & Performing Art Venue

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Gym & Fitness Center

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Single-story commercial building with storefront glazing, private rooms, outdoor deck space, and ample off-street parking.
Where is this mixed-use property located?
The property is located at 2735 Broadway Rotterdam, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,334‑square‑foot building on a 0.15‑acre lot; 16 off‑street parking spaces; Single‑story brick construction built in 1980
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