754 Duanesburg Rd, Schenectady, NY 12306
This exceptional multifamily property, located at 754 Duanesburg Road in Schenectady, New York, presents a compelling investment opportunity. Built in 1900, the property sits on a substantial 22.96-acre lot, offering significant potential for expansion or redevelopment. Its strategic location at the intersection of Route 7 (Duanesburg Road), I-90, and I-88 in Rotterdam provides unparalleled visibility and accessibility. The high traffic volume ensures maximum exposure for any business venture. New York State Department of Transportation data reveals impressive daily traffic counts: 42,447 vehicles on I-90, 19,163 on I-88, and 12,555 on Route 7, totaling 74,165 vehicles per day. This translates to exceptional potential for commercial success. The asking price for this remarkable property is $1,999,990. Its prime location, combined with the high traffic volume and expansive lot size, makes this an ideal investment for those seeking to establish or expand their business in a thriving area. The property's proximity to major highways offers easy access for both employees and customers, further enhancing its appeal. This is a rare opportunity to acquire a significant commercial property in a high-traffic area with substantial growth potential. The property's age presents opportunities for renovation and modernization to increase its value and appeal. Don't miss this chance to secure a prime location for your next venture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.