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    519 State St Schenectady, NY 12305

    Sponsored
    For Lease
    $20 SF/Yr ($9,090 /Mo)

    Downtown Schenectady Office, 1,000 SF Available

    Lot size:
    5,454 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,000-square-foot office space is located at 519 State Street in Schenectady, NY, within Schenectady County. Part of a larger, three-story building (5,454 total square feet) undergoing complete renovation with completion slated for Q1 2025, this space offers flexible options for various business types, including traditional office, executive office, coworking, medical office, or creative office uses. The property sits on a 0.1-acre lot and boasts a desirable C-4 zoning classification. Built in 1900 and extensively renovated in 2024, the building features 10-foot ceilings. The space includes exclusive access to three parking spaces, with additional municipal parking conveniently located nearby. Its prime location in Schenectady's vibrant downtown business district offers easy access to local amenities, including cafes, restaurants, City Hall, the County Courthouse, and Proctors Theater. The space is available as a single-tenant occupancy and can be customized to meet specific tenant requirements. The APN is 39.80-1-28.1 and the zip code is 12305. This is a unique opportunity to secure high-quality office space in a thriving urban setting. Don't miss this chance to establish your business in a revitalized downtown location.

    Property Features for 519 State St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,454 SF
    Total Rate
    9090

    Building Details

    Year Built/Renovated
    1900/2024
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Size
    1,000 SF
    Rate per SF
    $20

    HighLights

    • 1,000 SF office space available Q1 2025, fully customizable to tenant specifications.
    • Includes exclusive access to three parking spaces, plus nearby municipal parking.
    • Prime downtown Schenectady location on State Street.
    • Walking distance to restaurants, City Hall, Courthouse, and Proctors Theater.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9396827
    Latitude
    42.811922

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    FAQs

    What type of property is this?
    Restaurant - Downtown Schenectady Office, 1,000 SF Available
    Where is this restaurant located?
    The property is located at 519 State St Schenectady, NY.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 1,000 SF office space available Q1 2025, fully customizable to tenant specifications.; Includes exclusive access to three parking spaces, plus nearby municipal parking.; Prime downtown Schenectady location on State Street.
    Request Owner's contact information
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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
    519 State St Schenectady, NY 12305
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