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    Property profile & analytics

    602-606 State St Schenectady, NY 12305

    • Investment properties
    • 13,616 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $1,230,000
    Last Sale
    Apr 23, 2025
    $1,275,000
    Location Intelligence
    Property ID
    US63-2481493
    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 602-606 State St

    Year built
    1940
    Lot size
    0.18 lot acres
    Property size
    13,616 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    421500 39.80-2-28
    APU
    4215003980228

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,175,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,235,000
      6.5%
      $1,185,000
      7%
      $1,210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,425,000
      Geo Method
      $1,080,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,500,000
      Retail
      $1,315,000
      Mixed-Use
      $1,115,000
      Hospitality
      $1,390,000
      Educational
      $1,130,000
      Residential Income
      $1,405,000
      Energy
      $1,095,000
      Income-Based Land
      $1,330,000
      Food Service
      $1,485,000

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9401
    Latitude
    42.8108
    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
    $25,400
    $608,500
    $633,900
    -
    $32,152
    $770,253
    $802,405

    Comparable in this City

    • Value Estimation by Request
      19,382 SF

      132 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 19,382 SF
      132 Broadway, Schenectady, NY 12305-1934
      View Details
    • Value Estimation by Request
      2,362 SF

      714 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 2,362 SF
      714 Broadway, Schenectady, NY 12305-2705
      View Details
    • Value Estimation by Request
      24,232 SF

      325 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 24,232 SF
      325 State St, Schenectady, NY 12305-2301
      View Details
    • Value Estimation by Request
      14,025 SF

      202 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 14,025 SF
      202 State St, Schenectady, NY 12305-1806
      View Details
    • Value Estimation by Request
      7,168 SF

      25 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,168 SF
      25 State St, Schenectady, NY 12305-1705
      View Details
    • Value Estimation
      $655,000
      3,952 SF

      508 Un St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,952 SF
      508 Un St, Schenectady, NY 12305-1117
      View Details

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    • $15 SF/Yr
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      Renovated Mixed-Use Building For Rent

      Recently renovated mixed-use building with office and apartment spaces for rent.
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      View Details
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    Schenectady, NY 12305
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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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