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Mixed-Use Building with Retail
For Sale
$670,000

881 Albany Street, Schenectady, NY 12307

Five rented apartments sit above two storefronts, one of which is leased.

Property Size6,654 SF
Price / SF$100.69
Days on Market8

Property Features for 881 Albany Street

General Information

Standard status Active
Size 6,654 SF
Property subtype Commercial

Additional Details

Multifamily Units 5

Building Details

Year Built 1981
Tenancy Multi
Listing Agency: Weichert Realtors Tri City Properties
Listed By: Brent M Tague · License #10491201692
Source: Signatureonerealtygroup
Added: Sep 28 Changed: Oct 4 Last Checked: Oct 4 at 9:47AM

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 Weichert Realtors Tri City Properties

Investment Insights

Based on property information with market context.

This 6,654-square-foot mixed-use building in Schenectady combines two first-floor retail storefronts with five apartments on the upper levels. All five apartments are rented, and one storefront is leased. The property was built in 1981.

Key Highlights

  • 6,654‑square‑foot mixed‑use building in Schenectady
  • Five apartments, all rented
  • Two first‑floor storefronts; one is leased

Property Analytics

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Current Use

Brandywine Gyro House ... Restaurant ATM Machine at Gyro ... Atm Unbank ATM Atm

Suggested Use

Top Pick HVAC Service Skin Care Clinic Acupuncture Pet Grooming Service (Bike/Boat/Book/etc) Store Nursing Home

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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,871
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Five rented apartments sit above two storefronts, one of which is 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 building in Schenectady; Five apartments, all rented; Two first‑floor storefronts; one is leased
More about this property
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