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    Property profile & analytics

    1562 State St Schenectady, NY 12304-3130

    • Investment properties
    • 2,993 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Last Sale
    Aug 30, 2024
    $290,000
    Location Intelligence
    Property ID
    US63-2471799
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mc Cambley John DDS / Dentist
    • TWE / Retirement Community

    Property Details for 1562 State St

    Year built
    1987
    Lot size
    0.21 lot acres
    Property size
    2,993 SF
    Zone code
    03 - MULTI-FAMILY
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    421500 50.77-1-17
    APU
    4215005077117

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $270,000
      6.5%
      $275,000
      7%
      $275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $320,000
      Mixed-Use
      $310,000
      Hospitality
      $245,000
      Educational
      $260,000
      Residential Income
      $260,000
      Energy
      $255,000
      Income-Based Land
      $315,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9139
    Latitude
    42.7888
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $24,000
    $220,600
    $244,600
    -
    $30,380
    $279,240
    $309,620

    Comparable in this City

    • Value Estimation by Request
      2,570 SF

      1817 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,570 SF
      1817 State St, Schenectady, NY 12304-2029
      View Details
    • Value Estimation by Request
      1,894 SF

      1527 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,894 SF
      1527 State St, Schenectady, NY 12304-3124
      View Details
    • Value Estimation by Request
      3,128 SF

      1859 Albany St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,128 SF
      1859 Albany St, Schenectady, NY 12304-3132
      View Details
    • Value Estimation by Request
      2,844 SF

      2041 Hamburg St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,844 SF
      2041 Hamburg St, Schenectady, NY 12304-4793
      View Details
    • Value Estimation
      $275,000
      4,074 SF

      1333 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,074 SF
      1333 State St, Schenectady, NY 12304-2719
      View Details
    • Value Estimation by Request
      1,442 SF

      2020 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,442 SF
      2020 State St, Schenectady, NY 12304-2140
      View Details

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    Similar Nearby for Lease

    • $1.00 SF/Yr
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      Schenectady Mixed-Use Investment Opportunity

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    • $1.00 SF/Yr
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      Mixed-Use Retail Plaza For Rent

      Mixed-use retail plaza with apartments, warehouse, garages, and parking.
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    • Contact for pricing
      58,005 SF

      Woodlawn Plaza: Prime Schenectady Space

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    • $20 SF/Yr
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      Medical Office Near Ellis Hospital

      Multiple suite options available for medical practices near Ellis Hospital.
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    • $20 SF/Yr

      Medical Office Space Near Ellis

      Medical office suites available near Ellis Hospital, Schenectady, NY.
      624 Mcclellan St, Schenectady, NY 12304
      View Details
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    Schenectady, NY 12304-3130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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