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Property profile & analytics
OFF-MARKET
Office buildings

2217 Central Ave Schenectady, NY 12304-4483

4,148 SF 0.67 ac lot Built 1991
Individually Owned 28-yr Hold Free & Clear
Property ID
US63-1661280
Property summary
AI-generated overview

This single-tenant office building at 2217 Central Avenue in Schenectady, New York, offers 4,148 square feet of versatile space. Built in 1991, the one-story building sits on a 0.67-acre lot and is zoned 12 (Albany County APN: 16.7-9-6.2). The property features 12 total parking spaces, including a four-car garage ideal for storage. The interior boasts recently updated, designer offices, including seven private offices with natural light, two administrative areas, and two half-bathrooms. Additional amenities include energy-efficient lighting, a kitchen, a library, and strategically placed sound panels for optimal acoustics. The current configuration includes approximately 3,100 square feet of Class A office space, but the layout allows for subdivision into two separate units. The property's location and design offer potential for retail use, with the added benefit of convenient vehicle servicing capabilities. This exceptional property presents a unique opportunity for businesses seeking a well-maintained, functional, and adaptable workspace in a desirable Schenectady location. The building's single-tenant occupancy and ample parking provide significant advantages for a variety of potential users.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1991
Total area 4,148 SF
Lot 0.67 ac (29,185 SF)
Zoning code 12
APN 012689 16.7-9-6.2
UPID US63-1661280
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • North Country Insurance Insurance Agency
  • Malone & Tate Builders Inc Construction Company
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
MICHAEL J MALONE
MICHAEL J MALONE
Zoning & alternative use
12 · Schenectady, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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