Search
New Construction Retail Space
For Lease
$10 SF/Yr

823 Eastern Avenue, Schenectady, NY 12308

Vanilla-shell space supports retail or office use.

Space SizeContact for details
Days on Market116

Property Features for 823 Eastern Avenue

General Information

Standard status Active

Amenities

Other

Building Details

Year Built 2020
Listing Agency: Armida Rose Realty Group
Listed By: Anthony Durante · License #10401327706
Source: Signatureonerealtygroup
Added: Jun 23 Changed: Oct 15 Last Checked: Oct 16 at 9:17AM

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 Armida Rose Realty Group

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Renaissance Square offers two separate commercial spaces, each measuring 900 SF, within a multi-use property completed in 2020. The suites cannot be combined and will be delivered in vanilla-shell condition, allowing occupants to complete their own fit-up. Both retail and office uses are supported by the available configuration.

The property is located at 823 Eastern Avenue in Schenectady, along the developing Eastern Ave corridor. The multi-use setting includes 30 residential apartments, creating an integrated commercial and residential environment. Tenants are responsible for utilities and fit-up costs.

Key Highlights

  • Two separate 900 SF commercial spaces
  • New construction completed in 2020
  • Retail and office use supported

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Electrical Service Catering Service

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,141
Businesses Nearby

Demographics for 12308, NY

15,285
Population
6,442
Households
2.4
Avg Household Size
31
Median Age
29%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
6,646
Density / Sq Mi
$59,789
Median Household Income
$35,966
Median Earnings
$1,159
Median Rent
$180,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Schenectady, NY

$12.42 /SF/Yr
Avg Asking Price
$1.6–$35 /SF/Yr
Price Range
20,228 SF
Avg Space Size

This space is priced 20% below the average of $12.42 /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

Frequently Asked Questions

What type of property is this?
Retail space - Vanilla-shell space supports retail or office use.
Where is this retail space located?
The property is located at 823 Eastern Avenue Schenectady, NY.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Two separate 900 SF commercial spaces; New construction completed in 2020; Retail and office use supported
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again