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    1619 Eastern Pkwy Schenectady, NY 12309

    Sponsored
    For Lease
    $26,400

    Schenectady Retail Space for Lease

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 1619 Eastern Parkway in Schenectady, New York, 12309, presents a fantastic leasing opportunity. The property is a single-tenant retail space, ideal for a variety of businesses. Boasting approximately 1600 square feet, this end-unit location offers excellent visibility and accessibility. The layout includes a spacious retail area at the front, perfect for customer interaction and product display, complemented by convenient storage space located at the rear of the building. Ample parking is available directly in front of the unit, ensuring ease of access for both customers and employees. This property is classified as both retail and land, offering flexibility for potential tenants. The lease is available starting December 2024, with a monthly rental rate of $2200, plus utilities. The property's prime location on Eastern Parkway provides high traffic volume and strong visibility, making it an attractive option for businesses seeking a prominent presence in the Schenectady market. This is a rare opportunity to secure a well-situated, versatile commercial space in a thriving area. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 1619 Eastern Pkwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    Total Rate
    26400

    Unit(s) available at that property

    Space
    Size
    0 SF
    Rate per SF
    $26,400
    Property Profile Location Intelligence

    Current Use by Public Records

    Booker Entertainment Entertainment Agency Table10eventpalace Event Planner Table Ten Event Planner

    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
    -73.9129726
    Latitude
    42.8072344

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    FAQs

    What type of property is this?
    Land - Schenectady Retail Space for Lease
    Where is this land located?
    The property is located at 1619 Eastern Pkwy Schenectady, NY.
    What is the lease rate?
    The lease rate is $26,400.
    Request Owner's contact information
    1619 Eastern Pkwy Schenectady, NY 12309
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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
    1619 Eastern Pkwy Schenectady, NY 12309
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