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Property profile & analytics
OFF-MARKET
Investment properties

1524 Van Vranken Ave Schenectady, NY 12308-2221

3,150 SF 0.08 ac lot Built 1984
Entity Owned Free & Clear
Property ID
US63-4203895
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving commercial property located at 1524 Van Vranken Avenue in Schenectady, New York. The property encompasses a well-established bar and restaurant, boasting 3,150 square feet of space, situated on a 0.08-acre lot. The building's strategic location near Union College and Ellis Hospital ensures high visibility and consistent foot traffic, contributing to its strong revenue potential. Beyond the main commercial space, the property includes two additional fully rented residential units, providing a reliable stream of passive income. A four-car garage further enhances the property's income-generating capabilities. The property is zoned C-2, allowing for a variety of commercial uses. The sale includes the real estate, the established business, and all furniture, fixtures, and equipment (FFE). This three-story building offers a unique blend of commercial and residential income streams, making it an attractive investment for discerning buyers seeking a turnkey operation in a prime Schenectady location. The asking price is $680,000. This is a rare opportunity to acquire a profitable, established business with significant upside potential.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1984
Total area 3,150 SF
Lot 0.08 ac (3,616 SF)
Zoning code 05 - COMMERCIAL
APN 421500 39.59-1-1
UPID US63-4203895
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Skan Group LLC
Skan Group LLC
since 2026
Last sale
$317,000
4 recorded transactions
2026
$317,000
2013
Price N/A
2012
Price N/A
2010
$90,000
Zoning & alternative use
05 - COMMERCIAL · Schenectady, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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