Property summary
This exceptional mixed-use property, located at 1140 Congress Street, Unit 1140, Schenectady, NY, presents a compelling investment opportunity. Situated on a sizable 0.4-acre lot, this property offers significant potential for a variety of uses, given its mixed-use zoning classification. The building's precise square footage is currently unavailable, however, the substantial lot size allows for considerable expansion or redevelopment possibilities. The asking price is $399,900, representing a competitive entry point into the Schenectady real estate market. This location offers convenient access to major transportation routes, enhancing its appeal to both businesses and residents. The property's versatility makes it suitable for a range of commercial and residential ventures, allowing for creative adaptation to meet diverse needs. Investors seeking a strong foothold in a growing market will find this property particularly attractive. Its strategic location and ample land provide a solid foundation for future growth and profitability. Further due diligence is recommended to fully assess the property's potential and to confirm zoning regulations and permitted uses. Detailed property information, including any available building plans or surveys, can be provided upon request. Don't miss this chance to acquire a significant mixed-use asset in a vibrant upstate New York city.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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