Updated Two-Family
For Sale
$334,900
Pending
825 Lincoln Avenue, Schenectady, NY 12307
MultiFamily, Schenectady, NY
Property Size2,584 SF
Lot Size0.09 Acres
Days on Market50
Property Features for 825 Lincoln Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 1
Parking
6
Parking features
Off Street, Garage, Driveway
Patio and Porch features
Deck, Porch
Interior features
Tray Ceiling(s), Ceramic Tile Bath, Crown Molding
Basement
Interior Entry, Walk-Out Access, Exterior Entry
Lot features
Level, Landscaped, Cleared
High school
Schenectady
Elementary school district
Schenectady
Middle school district
Schenectady
High school district
Schenectady
Directions
left on Lincoln ave from Hulett street
Standard status
Pending
APN
421500 49.40-6-24
Size
2,584 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
5284
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Forced Air
Cooling system
Central Air, Window Unit(s)
Water source
Public
Amenities
finished bonus space in the attic
finished basement with bar
leased Tesla solar panels
private driveway
Building Details
Year built
1910
Number of units
2
Flooring type
Tile, Vinyl, Laminate
Building materials
Vinyl Siding
Roof type
Shingle, Asphalt
Architectural style
Other
Listing Agency:
KW Platform · Keller Williams Realty
(518) 724-5800
Listed By:
Robert Saumell Jr. · License #10401362138
(518) 926-8282
Added: Aug 26
Changed: Oct 8
Last Checked: Oct 14 at 7:06PM
MLS# 202624909
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.
This 2,584-square-foot duplex, built in 1910, contains two residential units on a 0.09-acre lot. The property includes a finished attic bonus area, a finished basement with a bar, a private driveway, off-street parking, and a garage. Porch and deck areas provide additional exterior space. Interior details include crown molding, tray ceilings, ceramic tile baths, and laminate, vinyl, and tile flooring.
Heating is provided by natural gas, electric, and forced-air systems, while cooling includes central air and window units. The building has vinyl siding, an asphalt and shingle roof, public water, and public sewer. A system of 31 leased Tesla solar panels is also installed. The property is located near shopping, dining, entertainment, and major roadways in Schenectady, New York.
Heating is provided by natural gas, electric, and forced-air systems, while cooling includes central air and window units. The building has vinyl siding, an asphalt and shingle roof, public water, and public sewer. A system of 31 leased Tesla solar panels is also installed. The property is located near shopping, dining, entertainment, and major roadways in Schenectady, New York.
Key Highlights
- 2,584‑square‑foot duplex with two residential units
- 0.09‑acre lot with private driveway, garage, and off‑street parking
- Finished attic bonus area and basement with bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,427
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,540
$588.5K
Cap Rate 7%
$420,386
$420.4K
Cap Rate 9%
$326,967
$327.0K
Market Conditions
NOI Build-Up for 2,584 SF
Gross rent
$45.0K $17.40/SF
− Vacancy
−$2.9K −$1.13/SF
EGI
$42.0K $16.27/SF
− OpEx
−$12.6K −$4.88/SF
NOI
$29.4K $11.39/SF
Area
Schenectady County, NY
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,540
Cap Rate 7%
$420,386
Cap Rate 9%
$326,967
Alternative Uses
Best Use
Multifamily LT 5
$420.4K
$367.8K – $490.5K
NOI $29,427 @ 7.0% cap · market cap 8.79%
Second Best
Apartment 5plus
$377.1K
$329.9K – $439.9K
NOI $26,395 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$773.4K
$676.8K – $902.3K
NOI $54,140 @ 7.0% cap · market cap 16.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,284
Businesses Nearby
Explore this area
Business Placement
Demographics for 12307, NY
7,567
Population
3,491
Households
2.2
Avg Household Size
32
Median Age
14%
College-Educated
74%
High-School Grad
0.7 sq mi
ZIP Area
10,810
Density / Sq Mi
$33,191
Median Household Income
$28,878
Median Earnings
$1,110
Median Rent
$95,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with finished attic and basement spaces, driveway parking, and leased Tesla solar panels.
Where is this duplex located?
The property is located at 825 Lincoln Avenue Schenectady, NY.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: 2,584‑square‑foot duplex with two residential units; 0.09‑acre lot with private driveway, garage, and off‑street parking; Finished attic bonus area and basement with bar
