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    872 Albany St Schenectady, NY 12307

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    For Sale
    $325,000

    Mixed-use building with restaurant and residential unit in high-traffic area.

    Lot size:
    0.09 Acres

    Property Features for 872 Albany St

    General Information

    Standard status
    Active
    Lot size
    0.09 Acres

    Building Details

    Year built
    1950

    Source: THE PEOPLE'S REAL ESTATE GROUP Agent HASSAN KHAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Mixed-Use Property For Sale

    This mixed-use property features a ground floor restaurant space that has been established for over 25 years, including seating for up to 20 patrons, a fully equipped kitchen, and a dedicated cooling/storage area. A full basement provides space for inventory. The upper level contains a 3-bedroom, 1-bath residential unit with an attic loft that could serve as a fourth bedroom or office. The property is located in a walkable, high-traffic area, offering prime exposure and strong rental income potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    San Francisco Restaurant Dominican Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9347356
    Latitude
    42.8053701

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with restaurant and residential unit in high-traffic area.
    Where is this mixed-use property located?
    The property is located at 872 Albany St Schenectady, NY.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Turnkey mixed-use property in a high-traffic, walkable area.; - Ground floor features a well-established restaurant (25+ years) with a fully equipped kitchen.; - Spacious 3-bedroom, 1-bath upper-level unit with versatile attic loft (potential 4th bedroom/office).
    (518) 951-5575
    Request Owner's contact information
    872 Albany St Schenectady, NY 12307
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    872 Albany St
    Schenectady, NY 12307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    872 Albany St Schenectady, NY 12307
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