Technical
Financial
Distress signals
Property profile

26 Broadway Schenectady, NY 12305

OFF-MARKET
Office buildings
Property ID
US63-0514964
14,119 SF 0.21 ac lot Built 1981
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional executive office opportunity is located at 26 N Broadway in the heart of Schenectady, NY. The property, built in 1981, offers a total of 14,119 square feet of versatile space, currently entirely vacant and ready for immediate occupancy. The building is classified as both retail and office, making it suitable for a variety of businesses. The entire 14,119 square feet is available for lease, offering significant flexibility for tenant build-out to meet specific needs. The owner is willing to collaborate on build-out plans to create a customized workspace. Ample parking is provided with 24 spaces in an on-site lot, supplemented by additional monthly parking options. A unique benefit includes a complimentary $300 co-working membership with all private office leases. The property sits on a 0.21-acre lot and its APN is 39.64-3-39. Its central location in Schenectady County offers unparalleled convenience, within walking distance of the train station, public transportation, Proctors Theatre, numerous restaurants, City Hall, the County Building, and the Police Station. This presents an excellent chance to establish a presence in Schenectady's thriving downtown area. The property's multiple tenancy allows for diverse configurations to suit various business requirements. This is a rare opportunity to secure a substantial, well-located office space in a vibrant urban setting.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Total area 14,119 SF
Lot 0.21 ac (9,263 SF)
Zoning code 05 - COMMERCIAL
APN 421500 39.64-3-39
UPID US63-0514964

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Rehabilitation Center
  • Spa & Massage Center Skin Care Clinic
  • Law Firm
  • Crisis Center Medical Clinic
  • Law Firm

Location

26 Broadway Schenectady, NY 12305-1932
Schenectady metro Census 33500 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

since 2021
Last sale
$375,000
3 recorded transactions
2023
Price N/A
2021
$375,000
2017
$700,000

Zoning & alternative use

05 - COMMERCIAL · Schenectady, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 26 Broadway?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message