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Property profile & analytics

1879 Altamont Ave Schenectady, NY 12303

  • Grocery and convenience stores
  • 78,240 SF
  • 10.55 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-5451940
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

  • Eugene Jackey / Pharmacy
  • Hair Studio One - Rotterdam, NY / Hair Salon
  • Design Nail Salon / Nail Salon
  • Central Market Florist / Florist
  • Citizens ATM / Atm

Property Details for 1879 Altamont Ave

Year built
2000
Lot size
10.55 lot acres
Property size
78,240 SF
Zone code
B-2
Property type
Grocery and convenience stores
APN
422800 59.9-2-13.11/1
APU
422800599213111

Description

This exceptional 92,440 square foot shopping center, situated on a 10.55-acre lot at 1879 Altamont Avenue in Schenectady, NY 12303, presents a rare leasing opportunity. Anchored by a Market 32, this well-established center boasts a prime location at a busy Rotterdam intersection, ensuring high visibility and foot traffic. The property, built in 1970 and zoned Commercial B-2, offers a versatile space ideal for a variety of retail businesses. Currently, approximately 2,750 square feet of retail space is available for lease. The center's multiple tenancy structure provides a vibrant and diverse shopping environment. This property is located in Albany County within the Rotterdam submarket, offering easy access to major transportation routes and a strong customer base. The available space provides a unique chance to establish a presence in a thriving retail hub. Interested parties should note the total building size of 92,440 square feet and the convenient location in a well-established and busy commercial area. This is a remarkable opportunity to secure a space in a high-demand location.


Value Estimations

based on Realmo’s proprietary methodology
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $2,440,000
    Current use
    WAREHOUSE, STORAGE
    $2,690,000
    Change: +10% Conversion: Difficult
    INDUSTRIAL (GENERAL)
    $2,150,000
    Change: -12% Conversion: Difficult

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Location Insight

  • Map
  • Local Demand
City
Schenectady
County
Schenectady
State
New York
Longitude
-73.9552
Latitude
42.7821
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
$819,000
$7,758,600
$8,577,600
-
$1,077,630
$10,208,670
$11,286,300
More about this property
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