79 Western Parkway, Schenectady, NY 12304
MULTI_FAMILY - Schenectady, NY
- Added:
- Apr 14, 2026
- Days on Market:
- 82
- Last Refresh:
- Jul 4 at 1:06 am
Property Features for 79 Western Parkway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 2
- Standard status
- Active Under Contract
- Size
- 2,084 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5259
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1910
- Number of units
- 2
- Flooring type
- Tile, Laminate
- Building materials
- Vinyl Siding
Listing agent Moonrani G Gumani License #10401352209 (518) 356-1701
Listing office Miranda Real Estate Group Inc 1801 Altamont Ave Ste 1, Schenectady, NY (518) 356-1701
Listing date Apr 14, 2026
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.
HighLights
- Updated two‑family home in a Schenectady neighborhood, built in 1910
- Two units, each with 3 bedrooms and 1 full bath
- Modern kitchen upgrades include granite countertops and stainless steel appliances
- Heating: forced air with natural gas
- Electric fireplace included in each unit
- Public water supply; vinyl siding with tile and laminate flooring
Overview
The home is located at 79 Western Parkway in Schenectady, New York, on a 0.09-acre lot. The listing notes convenient proximity to State Street, Central Park, shopping, restaurants, and public transportation, supporting everyday accessibility for residents.
The layout is well-suited for investors seeking a straightforward two-unit setup or owner-occupants who want to live in one unit while renting the other. With consistent unit features and recent interior updates highlighted in the remarks, the property supports a practical, low-hassle living-and-rent strategy.
Local Financial Insights For Multifamily LT 5
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 | $36.3k | $17.40 |
| − Vacancy | −$2.4k | −$1.13 |
| EGI | $33.9k | $16.27 |
| − OpEx | −$10.2k | −$4.88 |
| NOI | $23.7k | $11.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Schenectady
- County
- Schenectady
- State
- New York
- Longitude
- -73.916649
- Latitude
- 42.795011
