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Premium Office Space Available
For Lease
$3,000/Mo

406 Union Street, Schenectady, NY 12305

Desirable Schenectady commercial location with high visibility and accessibility.

Space SizeContact for details
Days on Market134

Property Features for 406 Union Street

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,978

Amenities

Central air
Central Air Cooling
Natural Gas Heating

Building Details

Year Built 1950
Listing Agency: JANDALI REALTY
Listed By: IMRAN ABDUL QAYOOM · License #10401376518
Source: Corcoran
Added: Apr 9 Changed: Aug 17 Last Checked: Aug 20 at 4:41AM

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 JANDALI REALTY

Investment Insights

Based on property information with market context.

This premium office space is located in one of Schenectady's most desirable commercial locations. The property is surrounded by strong local traffic and established businesses, offering excellent accessibility. The location provides the visibility and convenience that businesses seek. The space is suitable for professional offices, startups, or growing companies looking for a strategic presence in a high-demand area. Its positioning allows easy access for both clients and employees, potentially maximizing exposure and day-to-day efficiency. The property has a size of 1559 square feet.

Key Highlights

  • Premium office space in a highly desirable, high‑traffic commercial location.
  • Excellent accessibility for clients and employees.
  • Strategic positioning for maximum exposure and day‑to‑day efficiency.

Property Analytics

Current Use

Reynolds Schenectady Tax ... Tax Preparation

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Acupuncture Tech Support Center Butcher Nursing Home

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

NNN (Triple Net)
Lease Type
$3.46 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,987
Businesses Nearby

Demographics for 12305, NY

6,085
Population
4,103
Households
1.5
Avg Household Size
37
Median Age
34%
College-Educated
88%
High-School Grad
1.5 sq mi
ZIP Area
4,057
Density / Sq Mi
$50,308
Median Household Income
$34,228
Median Earnings
$1,067
Median Rent
$162,500
Median Home Value

Market

Lease Benchmarks for Schenectady, NY

$12.62 /SF/Yr
Avg Asking Price
$2.08–$23.09 /SF/Yr
Price Range
12,635 SF
Avg Space Size

This space is priced 83% above the average of $12.62 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Desirable Schenectady commercial location with high visibility and accessibility.
Where is this office units located?
The property is located at 406 Union Street Schenectady, NY.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Premium office space in a highly desirable, high‑traffic commercial location.; Excellent accessibility for clients and employees.; Strategic positioning for maximum exposure and day‑to‑day efficiency.
More about this property
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