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    Property profile & analytics

    240 Mohawk Ave Schenectady, NY 12302

    • Investment properties
    • 3,272 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Location Intelligence
    Property ID
    US63-3953270
    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

    • Investment properties

    Property Details for 240 Mohawk Ave

    Year built
    1979
    Lot size
    0.44 lot acres
    Property size
    3,272 SF
    Zone code
    CON
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    422201 38.35-1-34
    APU
    4222013835134

    Description

    This 3,272 square foot building, situated on a 0.44-acre lot in the heart of Scotia, NY, presents a unique opportunity for a variety of businesses. Built in 1979, the property boasts a convenient location at a traffic light, ensuring high visibility and accessibility. The building offers three points of ingress and egress, along with ample parking for 20 vehicles. Excellent signage opportunities are available. The interior comprises 1,200 square feet of existing, built-out office space and a 2,000 square foot clear-span warehouse featuring two drive-in overhead doors. This flexible layout allows for diverse uses, making it suitable for various retail, office, or distribution needs. The property is zoned RC Retail Commercial, providing further adaptability. In addition to leasing, this property is also available for purchase. The building is a single-tenant space, and tenants are responsible for all NNN charges associated with the property. This prime location, combined with its versatile design and ample parking, makes this property an exceptional investment opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9676
    Latitude
    42.8278
    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
    $48,800
    $123,700
    $172,500
    -
    $71,765
    $181,911
    $253,676

    Comparable in this City

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      410 Sacandaga Rd

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      9 Mohawk Ave

      STORE/OFFICE (MIXED USE) • 2,268 SF
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      View Details
    • Value Estimation
      $260,000
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      405 Ballston Rd

      STORE/OFFICE (MIXED USE) • 3,468 SF
      405 Ballston Rd, Schenectady, NY 12302-3201
      View Details

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    240 Mohawk Ave
    Schenectady, NY 12302
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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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