Financial
Distress signals
Property profile

214 State St Schenectady, NY 12305

FOR SALE
Medical Office Space
Property ID
US63-1932449
11,340 SF 0.2 ac lot Built 1995
Last sale Mar 2017
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 214 State Street in downtown Schenectady, this property is clinical office space within a former ARC facility. The space is suited for medical, behavioral health, therapy, and professional service uses and features a functional layout with multiple private offices, treatment or exam rooms, open administrative areas, and supporting space, with the ability to be reconfigured for different clinical needs. The building provides visibility along State Street and is positioned with access…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$1.40M
Assessed land$24k
Assessed improvement$1.38M

Value estimate

· Sep 2026
$1.17M
$1.05M – $1.28M
Submarket $/SF estimate$1.02M
NOI build-up
Gross scheduled income$1.09M
Vacancy & credit loss−$87k
Operating expenses−$375k
NOI · 20.85% cap applied$625k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
20.85%
$625k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
05 - COMMERCIAL
JurisdictionSCHENECTADY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand index
Dental Office11.4
Tailor Shop10.1
HVAC Service10.0

Location

214 State St Schenectady, NY 12305
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

18 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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