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    Property profile & analytics

    1619 Eastern Pkwy Schenectady, NY 12309

    • Investment properties
    • 6,196 SF
    • 0.21 lot acres
    For Lease
    View listing
    $26,400
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US63-0422539
    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

    • Booker Entertainment / Entertainment Agency
    • Table10eventpalace / Event Planner
    • Table Ten / Event Planner

    Property Details for 1619 Eastern Pkwy

    Year built
    1981
    Lot size
    0.21 lot acres
    Property size
    6,196 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    421500 50.21-3-19
    APU
    4215005021319

    Description

    This exceptional commercial property, located at 1619 Eastern Parkway in Schenectady, New York, 12309, presents a fantastic leasing opportunity. The property is a single-tenant retail space, ideal for a variety of businesses. Boasting approximately 1600 square feet, this end-unit location offers excellent visibility and accessibility. The layout includes a spacious retail area at the front, perfect for customer interaction and product display, complemented by convenient storage space located at the rear of the building. Ample parking is available directly in front of the unit, ensuring ease of access for both customers and employees. This property is classified as both retail and land, offering flexibility for potential tenants. The lease is available starting December 2024, with a monthly rental rate of $2200, plus utilities. The property's prime location on Eastern Parkway provides high traffic volume and strong visibility, making it an attractive option for businesses seeking a prominent presence in the Schenectady market. This is a rare opportunity to secure a well-situated, versatile commercial space in a thriving area. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $260,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $220,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $245,000
      Retail
      $210,000
      Mixed-Use
      $260,000
      Hospitality
      $200,000
      Educational
      $230,000
      Residential Income
      $270,000
      Energy
      $255,000
      Income-Based Land
      $260,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.913
    Latitude
    42.8072
    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
    $24,100
    $285,800
    $309,900
    -
    $30,506
    $361,772
    $392,278

    Comparable in this City

    • Value Estimation
      $275,000
      4,281 SF

      1617 Un St

      STORE/OFFICE (MIXED USE) • 4,281 SF
      1617 Un St, Schenectady, NY 12309-6256
      View Details
    • Value Estimation
      $495,000
      6,305 SF

      1671 Un St

      STORE/OFFICE (MIXED USE) • 6,305 SF
      1671 Un St, Schenectady, NY 12309-6282
      View Details
    • Value Estimation
      $260,000
      2,520 SF

      1634 Un St

      STORE/OFFICE (MIXED USE) • 2,520 SF
      1634 Un St, Schenectady, NY 12309-6224
      View Details
    • Value Estimation
      $370,000
      1,780 SF

      1638 Un St

      STORE/OFFICE (MIXED USE) • 1,780 SF
      1638 Un St, Schenectady, NY 12309-6224
      View Details
    • Value Estimation
      $395,000
      6,325 SF

      1650 Eastern Pkwy

      STORE/OFFICE (MIXED USE) • 6,325 SF
      1650 Eastern Pkwy, Schenectady, NY 12309-6012
      View Details
    • Value Estimation
      $275,000
      6,766 SF

      214 Lishakill Rd

      STORE/OFFICE (MIXED USE) • 6,766 SF
      214 Lishakill Rd, Schenectady, NY 12309-3206
      View Details

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    Similar Nearby for Lease

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    Schenectady, NY 12309
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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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