Duplex with Two-Car
313 Perry Street, Schenectady, NY 12306
For Sale
$189,900
Separate utilities and a manageable backyard complement the two-unit layout.
Property Size1,482 SF
Price / SF$128.14
Days on Market97
Property Features for 313 Perry Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
Coyne Realty Group LLC
Listed By:
Brittany Coyne
(518) 669-7729
Source:
Davalarealestate
Added: Aug 5
Changed: Nov 7
Last Checked: Nov 8 at 2:50PM
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 Coyne Realty Group LLC
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Investment Insights
Based on property information with market context.
This 1,482-square-foot duplex was built in 1920 and contains two apartments with separate utilities. The first-floor unit is vacant and has recently been refreshed. The upper apartment is occupied by a month-to-month tenant.
A two-car garage and backyard round out the property. Located at 313 Perry Street in Schenectady, the property offers a two-unit residential configuration.
A two-car garage and backyard round out the property. Located at 313 Perry Street in Schenectady, the property offers a two-unit residential configuration.
Key Highlights
- Two apartments with separate utilities
- 1,482 square feet; built in 1920
- First‑floor apartment is vacant and recently refreshed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,877
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,540
$337.5K
Cap Rate 7%
$241,100
$241.1K
Cap Rate 9%
$187,522
$187.5K
Market Conditions
NOI Build-Up for 1,482 SF
Gross rent
$25.8K $17.40/SF
− Vacancy
−$1.7K −$1.13/SF
EGI
$24.1K $16.27/SF
− OpEx
−$7.2K −$4.88/SF
NOI
$16.9K $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%
$337,540
Cap Rate 7%
$241,100
Cap Rate 9%
$187,522
Alternative Uses
Best Use
Multifamily LT 5
$241.1K
$211.0K – $281.3K
NOI $16,877 @ 7.0% cap · market cap 8.89%
Second Best
Apartment 5plus
$216.3K
$189.2K – $252.3K
NOI $15,138 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$443.6K
$388.1K – $517.5K
NOI $31,051 @ 7.0% cap · market cap 16.35%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
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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
$212,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Schenectady, NY
Properties on Market for Duplexes in Schenectady
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities and a manageable backyard complement the two-unit layout.
Where is this duplex located?
The property is located at 313 Perry Street Schenectady, NY.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two apartments with separate utilities; 1,482 square feet; built in 1920; First‑floor apartment is vacant and recently refreshed
