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Two-Unit Duplex
For Sale
$289,900

34 Robinson Street, Schenectady, NY 12304

Residential Income, Schenectady, NY

Property Size2,200 SF
Lot Size0.08 Acres
Price / SF$131.77
Days on Market12

Property Features for 34 Robinson Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 6, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 4
Parking features Driveway
Patio and Porch features Porch
High school district 000000
Directions From Becker St, right onto Robinson St. Home on left-hand side.
Standard status Active
APN 421500 49.60-3-6
Size 2,200 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 6400

Utilities

Heating system Natural Gas, Baseboard
Water source Public

Amenities

off-street parking

Building Details

Year built 1910
Number of units 2
Flooring type Carpet, Laminate
Building materials Vinyl Siding, Aluminum
Roof type Asphalt
Buildings 1
Listing Agency: Miranda Real Estate Group Inc
Listed By: Ryan Gocool · License #10401383848
Added: Oct 21 Changed: Oct 30 Last Checked: Nov 1 at 5:06PM
MLS# 12037840

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.

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Investment Insights

Based on property information with market context.

This duplex contains two residential units, each with three bedrooms, for a total of six bedrooms. The 2,200-square-foot building was constructed in 1910 and has a porch, driveway parking, carpet and laminate flooring, and vinyl and aluminum siding. The asphalt roof, furnace, hot water tank, and windows have been updated.

Key Highlights

  • Two units, each with 3 bedrooms
  • 2,200 square feet of building area
  • Roof, furnace, hot water tank, and windows updated

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,054
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,080 $501.1K
Cap Rate 7%
$357,914 $357.9K
Cap Rate 9%
$278,378 $278.4K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$38.3K $17.40/SF
− Vacancy
−$2.5K −$1.13/SF
EGI
$35.8K $16.27/SF
− OpEx
−$10.7K −$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%
$501,080
Cap Rate 7%
$357,914
Cap Rate 9%
$278,378

Alternative Uses

Best Use
Multifamily LT 5
$357.9K
$313.2K – $417.6K (±1% cap)
NOI $25,054 @ 7.0% cap · market cap 8.64%
Second Best
Apartment 5plus
$321.0K
$280.9K – $374.6K (±1% cap)
NOI $22,473 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$658.5K
$576.2K – $768.2K (±1% cap)
NOI $46,094 @ 7.0% cap · market cap 15.90%
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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

875
Businesses Nearby

Demographics for 12304, NY

21,513
Population
9,438
Households
2.3
Avg Household Size
40
Median Age
25%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,211
Density / Sq Mi
$67,688
Median Household Income
$43,824
Median Earnings
$1,049
Median Rent
$171,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom residences provide six bedrooms across the property, with driveway parking.
Where is this duplex located?
The property is located at 34 Robinson Street Schenectady, NY.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two units, each with 3 bedrooms; 2,200 square feet of building area; Roof, furnace, hot water tank, and windows updated
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