Mixed-Use Building with
New
For Sale
$670,000
881 Albany Street, Schenectady, NY 12307
Commercial Sale, Schenectady, NY
Property Size6,654 SF
Lot Size0.13 Acres
Price / SF$100.69
Days on Market4
Property Features for 881 Albany Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Mixed
Basement
Unfinished
Elementary school
Martin Luther King
High school
Schenectady
Elementary school district
Schenectady
Middle school district
Schenectady
High school district
Schenectady
Directions
State Street to Martin St. to Albany St.
Standard status
Active
APN
421500 49.33-5-52
Size
6,654 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
8638
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1981
Floors in Building
3
Building materials
Block, Vinyl Siding
Roof type
Flat
Architectural style
Other
Listing Agency:
Weichert Realtors Tri City Properties
(518) 456-7140
Listed By:
Brent M Tague · License #10491201692
(518) 253-8238
Added: Sep 28
Changed: Oct 1
Last Checked: Oct 1 at 7:06PM
MLS# 202627363
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.
At 6,654 square feet, this mixed-use building combines two ground-floor retail spaces with five apartments on the upper floors. All five apartments are rented, and one of the storefronts is leased. The property was built in 1981 and has block and vinyl siding, a flat roof, and natural gas forced-air heat.
The 0.13-acre property is served by public water and public sewer and carries Mixed zoning. Its residential and retail components are located at 881 Albany Street in Schenectady.
The 0.13-acre property is served by public water and public sewer and carries Mixed zoning. Its residential and retail components are located at 881 Albany Street in Schenectady.
Key Highlights
- 6,654‑square‑foot mixed‑use property on 0.13 acres
- Two ground‑floor retail storefronts; one is leased
- Five upper‑level apartments, all rented
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,871
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
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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?
Mixed-use property - Five occupied apartments sit above two storefronts, including one that is currently leased.
Where is this mixed-use property located?
The property is located at 881 Albany Street Schenectady, NY.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: 6,654‑square‑foot mixed‑use property on 0.13 acres; Two ground‑floor retail storefronts; one is leased; Five upper‑level apartments, all rented
