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    Property profile & analytics

    1601 State St Schenectady, NY 12304-1501

    • Investment properties
    • 7,500 SF
    • 1.24 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Location Intelligence
    Property ID
    US63-0080922
    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

    • 🌹 Frank Gallo & Son Florist / Wedding Service / Florist

    Property Details for 1601 State St

    Year built
    1997
    Lot size
    1.24 lot acres
    Property size
    7,500 SF
    Zone code
    02 - SINGLE RESIDENCE
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    421500 60.22-1-2.1
    APU
    4215006022121

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $225,000

    • CAP approach

      CAP return
      Estimation
      6%
      $235,000
      6.5%
      $235,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $220,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $180,000
      Retail
      $175,000
      Mixed-Use
      $230,000
      Hospitality
      $185,000
      Educational
      $240,000
      Residential Income
      $220,000
      Energy
      $235,000
      Income-Based Land
      $235,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9097
    Latitude
    42.7865
    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
    $127,000
    $228,600
    $355,600
    -
    $160,760
    $289,367
    $450,127

    Comparable in this City

    • Value Estimation by Request
      400 SF

      1528 State St

      STORE/OFFICE (MIXED USE) • 400 SF
      1528 State St, Schenectady, NY 12304-3127
      View Details
    • Value Estimation by Request
      4,900 SF

      3514 State St

      STORE/OFFICE (MIXED USE) • 4,900 SF
      3514 State St, Schenectady, NY 12304-4269
      View Details
    • Value Estimation
      $1,300,000
      21,714 SF

      1480 State St

      STORE/OFFICE (MIXED USE) • 21,714 SF
      1480 State St, Schenectady, NY 12304-2917
      View Details
    • Value Estimation
      $220,000
      3,450 SF

      1122 State St

      STORE/OFFICE (MIXED USE) • 3,450 SF
      1122 State St, Schenectady, NY 12304-2610
      View Details
    • Value Estimation
      $895,000
      9,900 SF

      3486 State St

      STORE/OFFICE (MIXED USE) • 9,900 SF
      3486 State St, Schenectady, NY 12304-4100
      View Details
    • Value Estimation by Request
      7,266 SF

      1727 State St

      STORE/OFFICE (MIXED USE) • 7,266 SF
      1727 State St, Schenectady, NY 12304-1733
      View Details

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      Approved building lot in a great commercial corner location.
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    Similar Nearby for Lease

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

      Fully leased mixed-use plaza with retail, apartments, warehouse, and parking.
      1480 State St, Schenectady, NY 12304
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    • $1.00 SF/Yr
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      Commercial Space in High-Traffic Area

      1400 SF commercial space for lease in Schenectady, NY.
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      View Details
    • $1.00 SF/Yr
      21,714 SF

      Mixed-Use Retail Plaza For Rent

      Mixed-use retail plaza with apartments, warehouse, garages, and parking.
      1480 State St, Schenectady, NY 12304
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    • Contact for pricing
      58,005 SF

      Woodlawn Plaza: Prime Schenectady Space

      Retail/Office Opportunity, 16,000 SF Available
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    • $20 SF/Yr
      45,000 SF

      Medical Office Near Ellis Hospital

      Multiple suite options available for medical practices near Ellis Hospital.
      624 Mcclellan St, Schenectady, NY 12304
      View Details
    • $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 12304-1501
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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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