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    Property profile & analytics

    2241 Broadway Schenectady, NY 12306-4028

    • Investment properties
    • 3,178 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Last Sale
    Nov 18, 2021
    $245,000
    Location Intelligence
    Property ID
    US63-1704905
    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

    • Dom Gallo Florist / Gift Shop / Florist

    Property Details for 2241 Broadway

    Year built
    1984
    Lot size
    0.15 lot acres
    Property size
    3,178 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    421500 48.59-2-18
    APU
    4215004859218

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $235,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $265,000
      Mixed-Use
      $210,000
      Hospitality
      $205,000
      Educational
      $230,000
      Residential Income
      $230,000
      Energy
      $205,000
      Income-Based Land
      $270,000
      Food Service
      $215,000

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9692
    Latitude
    42.7966
    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
    $20,500
    $136,100
    $156,600
    -
    $25,949
    $172,279
    $198,228

    Comparable in this City

    • Value Estimation by Request
      950 SF

      2237 Guilderland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 950 SF
      2237 Guilderland Ave, Schenectady, NY 12306-4404
      View Details
    • Value Estimation by Request
      2,197 SF

      1830 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 2,197 SF
      1830 Broadway, Schenectady, NY 12306-4931
      View Details
    • Value Estimation by Request
      3,288 SF

      2205 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 3,288 SF
      2205 Broadway, Schenectady, NY 12306-4006
      View Details
    • Value Estimation by Request
      2,358 SF

      2425 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 2,358 SF
      2425 Broadway, Schenectady, NY 12306-3904
      View Details
    • Value Estimation by Request
      1,464 SF

      1409 Curry Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,464 SF
      1409 Curry Rd, Schenectady, NY 12306-4229
      View Details
    • Value Estimation by Request
      2,037 SF

      524 Duanesburg Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,037 SF
      524 Duanesburg Rd, Schenectady, NY 12306-1015
      View Details

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    • Contact for pricing
      0.24 Acres

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      Retail Investment Opportunity Near BJ's

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    Similar Nearby for Lease

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      Retail Space Available for Lease

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    • $1.00 SF/Yr
      2,150 SF

      Turnkey Bar/Restaurant Retail Space

      Fully furnished and equipped bar/restaurant space available for rent.
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    • $6,000 /Mo
      6,000 SF

      Office Space For Lease

      6,000 sqft office space available for lease.
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    • $17 SF/Yr
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      Retail Space Ready for Design

      5,000 square feet of retail space available for rent.
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      View Details
    • $2,850 /Mo

      Broadway Retail Space For Rent

      Retail space on Broadway with ample parking and storage.
      1471 Broadway, Schenectady, NY 12306
      View Details
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    Schenectady, NY 12306-4028
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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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