Two-Unit Single-Story
L1/2 Fort Hunter Rd, Schenectady, NY 12303
For Sale
New
$998,000
Each residence combines a full bedroom-and-bath layout with a private garage equipped for EV charging.
Property Size3,800 SF
Price / SF$262.63
Days on Market2
Property Features for L1/2 Fort Hunter Rd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Parking per Unit
Amenities
cathedral ceilings
fireplace
hardwood floors
energy-efficient LED lighting
spacious grand closets
open-concept kitchens
full-sized basement
EV charging capability
Building Details
Year Built
Buildings
Stories
Construction
Listing Agency:
Wayne Newcomb, Jr. (518-424-6821), Newcomb Realty Group LLC
Listed By:
Brian Walters · License #30WA0832219
(518) 526-1800
Source:
Albanyprimeproperties
Added: Nov 6
Last Checked: Nov 6 at 6:38AM
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 Wayne Newcomb, Jr. (518-424-6821), Newcomb Realty Group LLC
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Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains 3,800 square feet across two single-story residences, each with approximately 1,900 square feet. Both homes have three bedrooms, two bathrooms, an open living area, cathedral ceilings, and a fireplace. Hardwood flooring, LED lighting, spacious closets, and electric kitchen appliances are included in each unit. Full-sized basements provide additional storage, and each residence has a two-car garage with EV charging capability.
The property also features a paved driveway, stone accents, and a rear backyard. Its two-unit configuration offers separate living spaces within one duplex property.
The property also features a paved driveway, stone accents, and a rear backyard. Its two-unit configuration offers separate living spaces within one duplex property.
Key Highlights
- 3,800 square feet total; approximately 1,900 square feet per unit
- Two residences, each with 3 bedrooms and 2 bathrooms
- Single‑story layout with open living area, cathedral ceilings, and fireplace in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,276
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,520
$865.5K
Cap Rate 7%
$618,229
$618.2K
Cap Rate 9%
$480,844
$480.8K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$66.1K $17.40/SF
− Vacancy
−$4.3K −$1.13/SF
EGI
$61.8K $16.27/SF
− OpEx
−$18.5K −$4.88/SF
NOI
$43.3K $11.39/SF
Area
Schenectady County, NY
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,520
Cap Rate 7%
$618,229
Cap Rate 9%
$480,844
Alternative Uses
Best Use
Multifamily LT 5
$618.2K
$541.0K – $721.3K
NOI $43,276 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$554.5K
$485.2K – $646.9K
NOI $38,816 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$1.14M
$995.2K – $1.33M
NOI $79,618 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
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Business Placement
Demographics for 12303, NY
30,893
Population
12,533
Households
2.5
Avg Household Size
41
Median Age
35%
College-Educated
90%
High-School Grad
15.6 sq mi
ZIP Area
1,980
Density / Sq Mi
$77,615
Median Household Income
$50,051
Median Earnings
$1,120
Median Rent
$227,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Schenectady, NY
Properties on Market for Duplexes in Schenectady
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence combines a full bedroom-and-bath layout with a private garage equipped for EV charging.
Where is this duplex located?
The property is located at L1/2 Fort Hunter Rd Schenectady, NY.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: 3,800 square feet total; approximately 1,900 square feet per unit; Two residences, each with 3 bedrooms and 2 bathrooms; Single‑story layout with open living area, cathedral ceilings, and fireplace in each unit
