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Property profile & analytics
FOR LEASE
Strip malls
2330 Watt St, Schenectady, NY 12304
Entity Owned
9-yr Hold
Free & Clear
Property ID
US63-1490592
For Lease
1 / 2
$25 SF/Yr
2330 Watt St, Schenectady, NY 12304
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1996
Total area
88,525 SF
Lot
10.12 ac (440,827 SF)
Zoning code
05 - COMMERCIAL
APN
421500 59.36-1-19.3
UPID
US63-1490592
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
-
Computer Mechanic Tech Support Center (Bike/Boat/Book/etc) Store
-
Smokers Haven (Bike/Boat/Book/etc) Store
-
Great Wall Restaurant Restaurant
-
Buffalo Wild Wings 'GO' Restaurant
-
American Red Cross Blood Donation Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$580k
Owner & transaction history
Crosstown Plaza Sc LP · 9 yrs held
Crosstown Plaza Sc LP
since 2017
4 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Schenectady, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Schenectady submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schenectady submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$7 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$4,009,700
Assessed 2023
Previous assessed
$5,322,400
-24.7% YoY
Assessed land
$931,300
Assessed improvement
$3,078,400
Land market value
$1,178,861
Improvement market value
$3,896,709
Total market value
$5,075,570
Applied tax rate
421,500.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1996
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
88,525 SF
Lot
10.12 ac (440,827 SF)
Zoning code
05 - COMMERCIAL
APN
421500 59.36-1-19.3
UPID
US63-1490592
Jurisdiction
SCHENECTADY
Zoning & alternative use
05 - COMMERCIAL · Schenectady, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Schenectady, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Schenectady. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
10.12 ac
Current owner
From public records · entity-resolved
Crosstown Plaza Sc LP
Entity
Free & Clear · 9 yrs held
Mailing address
4129 ROBERTS PT CIR, SARASOTA, FL 34242-1157
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2025
—
Crosstown Plaza Sc LP
—
Deed
related
$1,305,697 · Rhinebeck Savings Bank
Feb 22, 2017
$10,700,000
Crosstown Plaza Sc LP
Crosstown Plaza LLC
Bargain And Sale Deed
—
Feb 22, 2017
—
Crosstown Plaza Sc LP
—
Loan Modification, Consolidation And Extension
related
$8,560,000 · Wilmington Svg Fund Societyfsb
Oct 17, 2012
—
Crosstown Plaza LLC
—
Deed Of Trust
related
$6,190,223 · Key Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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