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Financial
Distress signals
Property profile

120 Erie Blvd Schenectady, NY 12305

FOR LEASE
Banks
Property ID
US63-2865372
22,240 SF 2.7 ac lot Built 1983
Last sale Jan 2016 · $947,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 120 Erie Blvd in Schenectady, New York is a commercial site on a heavily traveled corridor with a total lot area of 2.7 acres and a building area of 22,240 square feet. It is configured with a flexible layout that can support retail and/or office use, as well as potential mixed-use development. The property is located near Mohawk Harbor, Rivers Casino, and Union College, and provides convenient access to major highways and public transportation. The property is zoned for commercial use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$1.16M
Assessed land$218k
Assessed improvement$939k

Value estimate

· Oct 2026
$890k
$801k – $979k
NOI build-up
Gross scheduled income$400k
Vacancy & credit loss−$17k
Operating expenses−$115k
NOI · 26,845,500.00% cap applied$268k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
26,845,500.00%
$268k 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: Dental Office
Demand index
Dental Office29.9
Building Supply22.4
Pharmacy16.8

Location

120 Erie Blvd Schenectady, NY 12305
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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

12 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
3 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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