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First-Floor Retail Space
New
For Lease
$10 SF/Yr

823 Eastern Avenue, Schenectady, NY 12308

Commercial Lease, Schenectady, NY

Space Size900 SF
Lot Size0.21 Acres
Days on Market4

Property Features for 823 Eastern Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Property condition Under Construction
Zoning Commercial
Parking features Off Street, On Street
High school Schenectady
Elementary school district Schenectady
Middle school district Schenectady
High school district Schenectady
Directions In Schenectady from McClullen St take Eastern Avenue towards downtown. Building is on the right. From Nott Terrace take Eastern Avenue up the hill away from Downtown. Building is on the left.
Standard status Active
Size 900 SF
Lot size 0.21 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 2020
Floors in Building 2
Building materials Frame
Roof type Rubber, Asphalt
Listing Agency: Armida Rose Realty Group
Listed By: Anthony Durante · License #10401327706
Added: Aug 19 Last Checked: Aug 22 at 4:06PM
MLS# 202624373

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located on the first floor of Renaissance Square, this 900-square-foot commercial suite is positioned on the right-hand side of the building and can accommodate retail or office use. The property is under construction, allowing the tenant to complete the interior fit-up. Central air conditioning, forced-air natural gas heat, public water, and public sewer are in place. The building was constructed in 2020 and features frame construction with a rubber and asphalt roof.

The property is at 823 Eastern Avenue in Schenectady, within the Eastern Avenue corridor. Thirty residential apartments are located in the same building, creating an integrated residential and commercial setting. Parking is available both on site and along the street. The property carries Commercial zoning and is offered for lease.

Key Highlights

  • 900 SF first‑floor commercial space
  • Retail or office use supported
  • 30 residential apartments in the same building

Property Analytics

Current Use

Retail space

Suggested Use

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

Multi-tenant
Tenancy
Yes
Utilities to site
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

Market

Lease Benchmarks for Schenectady, NY

$13.51 /SF/Yr
Avg Asking Price
$1.79–$35 /SF/Yr
Price Range
18,370 SF
Avg Space Size

This space is priced 26% below the average of $13.51 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Ground-level suite supports retail or office use, with central air, forced-air heat, and public utilities.
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: 900 SF first‑floor commercial space; Retail or office use supported; 30 residential apartments in the same building
More about this property
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