Property profile

740 Floo Schenectady, NY 12305

OFF-MARKET
Office Spaces
0.4 ac lot Built 1950
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Property summary

AI-generated overview

This exceptional commercial property located at 740 Union Street, Unit 3rd Floor, Schenectady, NY, presents a unique investment opportunity. Situated on a sizable 0.4-acre lot, this office building offers significant potential for a variety of businesses. While the exact square footage is currently unavailable, the expansive third-floor unit provides ample space for various configurations. The property's address in Schenectady places it within a convenient and accessible location, benefiting from established infrastructure and proximity to local amenities. The building's current condition and specific features require further investigation, but the substantial lot size alone makes this a compelling proposition for developers or businesses seeking a prominent presence in the Schenectady market. The asking price is currently being determined, making this a highly flexible opportunity for negotiation. Serious inquiries are encouraged to explore the full potential of this promising commercial property. Further details regarding the building's specifications and potential uses are available upon request. This is an excellent chance to acquire a significant commercial space in a growing area. Don't miss this opportunity to secure a valuable asset in a desirable location.

Property profile

Verified
Property type Office Spaces
Year built 1950
Lot 0.4 ac (17,424 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

740 Floo Schenectady, NY 12305
Schenectady metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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