Financial
Distress signals
Property profile

519 State St Schenectady, NY 12305

FOR LEASE
Investment properties
Property ID
US63-2050048
5,454 SF 0.1 ac lot Built 1984
Last sale Aug 2025 · $138,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
519 State St, Schenectady, NY 12305 For Lease
$225,000
519 State St, Schenectady, NY 12305
View Listing

Property summary

AI-generated overview

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

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$283k
Assessed land$15k
Assessed improvement$269k

Value estimate

· Sep 2026
$225k
$203k – $248k
NOI build-up
Gross scheduled income$98k
Vacancy & credit loss−$4k
Operating expenses−$28k
NOI · 6,583,400.00% cap applied$66k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$70/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$43 – $93
Qualifying comparables5

Cap rate analysis

How does the asset earn?
6,583,400.00%
$66k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
05 - COMMERCIAL
JurisdictionSCHENECTADY

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand index
HVAC Service12.5
Storage Facility11.7
Pharmacy11.0

Location

519 State St Schenectady, NY 12305
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
824 Broadway, Schenectady, NY 12305-2707 $95,000 May 2025 7,224 SF
508 Un, Schenectady, NY 12305-1117 $670,000 Mar 2025 3,952 SF
170 Lafayette, Schenectady, NY 12305-2044 $160,000 Dec 2024 3,754 SF
709 Un, Schenectady, NY 12305-1504 $120,000 Oct 2024 4,980 SF
29 State, Schenectady, NY 12305-1705 $60,000 Dec 2023 7,182 SF
615 Un, Schenectady, NY 12305-1520 $379,000 Aug 2023 4,212 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message