Mixed-Use Retail/Warehouse Building For
For Sale
$359,000
3304 Amsterdam Road, Schenectady, NY 12302
Versatile 4,400 SF mixed-use building in high-traffic location.
Property Size4,400 SF
Price / SF$81.59
Days on Market109
Property Features for 3304 Amsterdam Road
General Information
Standard status
Active
Size
4,400 SF
Property subtype
Commercial
Building Details
Year Built
1955
Listing Agency:
REALTY ONE GROUP KEY
(518) 630-5360
Listed By:
RYAN MORTKA
Source:
Corcoran
Added: Apr 16
Changed: Jul 10
Last Checked: Aug 2 at 8:06AM
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 REALTY ONE GROUP KEY
Investment Insights
Based on property information with market context.
This mixed-use property offers approximately 4,400 square feet of space suitable for retail, warehouse, or service-based businesses. The building is located in a high-visibility area with substantial daily traffic. The location provides convenient access to Schenectady, Scotia, and Amsterdam. On-site parking is available. The property offers room for expansion, making it suitable for both owner-users and investors.
Key Highlights
- High‑visibility location on a major thoroughfare with strong daily traffic.
- Versatile mixed‑use retail/warehouse building suitable for various businesses.
- +/- 4,400 SF flexible layout.
Financial Insights For Warehouse
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 | $41.7k | $9.48 |
| − Vacancy | −$2.8k | −$0.64 |
| EGI | $38.9k | $8.84 |
| − OpEx | −$5.8k | −$1.33 |
| NOI | $33.0k | $7.51 |
4,400 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Mixed Use
$867.4K
$759.0K – $1.01M
NOI $60,720 @ 7.0% cap · market cap 16.91%
Second Best
Retail
$758.7K
$663.9K – $885.2K
NOI $53,112 @ 7.0% cap · market cap 14.79%
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M
NOI $92,189 @ 7.0% cap · market cap 25.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Explore this area
Business Placement
Demographics for 12302, NY
27,618
Population
12,406
Households
2.2
Avg Household Size
45
Median Age
42%
College-Educated
95%
High-School Grad
43.3 sq mi
ZIP Area
638
Density / Sq Mi
$94,156
Median Household Income
$55,305
Median Earnings
$1,207
Median Rent
$240,700
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile 4,400 SF mixed-use building in high-traffic location.
Where is this mixed-use property located?
The property is located at 3304 Amsterdam Road Schenectady, NY.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: High‑visibility location on a major thoroughfare with strong daily traffic.; Versatile mixed‑use retail/warehouse building suitable for various businesses.; +/- 4,400 SF flexible layout.
