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New-Construction Mixed-Use Space
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823 Eastern Ave, Schenectady, NY 12308

New-construction space suited for retail or office use within a multi-use property.

Property Size900 SF
Price / SF$0.01
Days on Market24

Property Features for 823 Eastern Ave

General Information

Standard status Active
Size 900 SF
Property subtype Commercial

Building Details

Year Built 2020
Listing Agency: Nicole Mclenithan Real Estate
Listed By: Brian Walters · License #30WA0832219
Source: Albanyprimeproperties
Added: Aug 21 Changed: Sep 13 Last Checked: Sep 13 at 8:00AM

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 Nicole Mclenithan Real Estate

Investment Insights

Based on property information with market context.

Renaissance Square includes two separate 900 SF spaces intended for retail and/or office use. The spaces cannot be combined and are planned for delivery in vanilla-shell condition, allowing the occupant to complete the interior fit-up. The property was built in 2020.

Located at 823 Eastern Ave in Schenectady, the multi-use property includes 30 residential apartments. Each space is offered as a distinct commercial unit within the larger residential and commercial development.

Key Highlights

  • Two separate 900 SF spaces available
  • Retail and/or office use supported
  • Spaces cannot be combined

Property Analytics

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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.

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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - New-construction space suited for retail or office use within a multi-use property.
Where is this mixed-use property located?
The property is located at 823 Eastern Ave Schenectady, NY.
What are key features of this property?
This property features: Two separate 900 SF spaces available; Retail and/or office use supported; Spaces cannot be combined
More about this property
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