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602-606 State Street, Schenectady, NY, 12305
Mixed-Use Building with Retail Space

602-606 State Street Schenectady, NY 12305

For Sale
Contact for pricing

Well-maintained mixed-use building offering 24 apartments, two commercial spaces, and 8+/- parking spaces.

Days on Market105

Property Features for 602-606 State Street

General Information

Standard status
Active
Property subtype
Office, Retail, Multifamily, Mixed Use
Listing Agency: CCRE Advisors
Listed By: Michael S. Del Vecchio · License #NY
Source: Crexi
Added: Apr 10 Changed: Jul 23 Last Checked: Jul 23 at 6:58AM

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 CCRE Advisors


Investment Insights

Based on property information with market context.

This mixed-use building features 24 apartments and two commercial spaces. The residential units include hardwood floors and individual heating units, and the property is described as well maintained. Parking on site is provided with 8+/- spaces.

The building is located in Downtown Schenectady in an area that has seen significant redevelopment, including office, hotel, retail, and restaurants.

The offering is presented with a 9% cap rate based on Net Operating Income and 17% cash on cash; financial information is available upon request.

Key Highlights

  • Mixed‑use building with 24 apartments and 2 commercial spaces
  • Located in Downtown Schenectady in a redeveloping area with office, hotel, retail, and restaurants
  • Units feature hardwood floors and individual heating units

Property Analytics

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

HVAC Service Skin Care Clinic Storage Facility Building Supply Acupuncture (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained mixed-use building offering 24 apartments, two commercial spaces, and 8+/- parking spaces.
Where is this apartment building located?
The property is located at 602-606 State Street Schenectady, NY.
What are key features of this property?
This property features: Mixed‑use building with 24 apartments and 2 commercial spaces; Located in Downtown Schenectady in a redeveloping area with office, hotel, retail, and restaurants; Units feature hardwood floors and individual heating units
More about this property
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