Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    742 Crane St Schenectady, NY 12303-1137
    Property profile & analytics

    742 Crane St, Schenectady, NY 12303-1137

    View on Map
    • Investment properties
    • 3,424 SF
    • 0.07 lot acres
    Off-Market
    Last Sale Nov 6, 2020
    $150,000
    Property ID
    US63-1442792
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 742 Crane St

    Year built
    1900
    Lot size
    0.07 lot acres
    Zone code
    5
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    421500 49.46-3-14
    APU
    4215004946314

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 6, 2020 $150,000 Vishal Seeram Ramnaught Ramdeen Warranty Deed —
    Feb 28, 2019 — Ramnaught Ramdeen Ramdeen,ramnaught & Lilawattie Quit Claim Deed · related —
    Nov 2, 2015 $45,000 Ramnaught Ramdeen Smith,raynard S Grant Deed —
    Jul 11, 2014 — Raynard S Smith Smith,raymond S Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9489
    Latitude
    42.8008
    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
    $9,800
    $65,200
    $75,000
    -
    $12,405
    $82,532
    $94,937

    Comparable in this City

    • Value Estimation by Request
      1,872 SF

      1152 Ft Hunter Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      1152 Ft Hunter Rd, Schenectady, NY 12303-4514
      View Details
    • Value Estimation by Request
      5,880 SF

      855 Crane St

      OFFICE/RESIDENTIAL (MIXED USE)
      855 Crane St, Schenectady, NY 12303-1155
      View Details
    • Value Estimation by Request
      1,088 SF

      1537 Altamont Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      1537 Altamont Ave, Schenectady, NY 12303-2101
      View Details
    • Value Estimation by Request
      2,312 SF

      1820 Stuart St

      OFFICE/RESIDENTIAL (MIXED USE)
      1820 Stuart St, Schenectady, NY 12303-4061
      View Details
    • Value Estimation by Request
      2,444 SF

      861 Crane St

      OFFICE/RESIDENTIAL (MIXED USE)
      861 Crane St, Schenectady, NY 12303-1155
      View Details
    • Value Estimation by Request
      4,986 SF

      1151 Crane St

      OFFICE/RESIDENTIAL (MIXED USE)
      1151 Crane St, Schenectady, NY 12303-1251
      View Details

    Similar Nearby for Sale

    • $399,900
      0.40 Acres

      Schenectady Mixed-Use Investment Opportunity

      Prime 0.4-acre mixed-use property in Schenectady.
      1140 Congress St, Schenectady, NY 12303
      View Details
    • $325,000
      2,545 SF

      Schenectady Mixed-Use Commercial Property

      Mixed-use property with residential unit and commercial spaces in Schenectady.
      1374 10Th Ave, Schenectady, NY 12303
      View Details
    • $2,700,000
      7,164 SF

      Corner Lot Development Opportunity

      Highly visible corner lot ideal for retail or office development.
      1874 Altamont Ave, Rotterdam, NY 12303
      View Details
    • $279,900
      2,244 SF

      Rotterdam Two-Family Home

      Move-in ready two-family home in Rotterdam with strong rental income.
      2259 Hamburg St, Schenectady, NY 12303
      View Details
    • $290,000
      2,004 SF

      Renovated Two-Family Home

      Fully renovated two-family home with investment potential in Schenectady.
      1142 Cutler St, Schenectady, NY 12303
      View Details
    • New
      $239,900
      Pending

      Schenectady Triplex with Vacant Parcel

      Well-maintained Schenectady triplex with income potential and expansion possibilities.
      815 Davis Ter, Schenectady, NY 12303
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Mixed-Use Space For Rent

      Mixed-use property with high visibility and ample parking.
      2793 Hamburg St, Rotterdam, NY 12303
      View Details
    • $1,450 /Mo
      1,124 SF

      Renovated Rental with Modern Updates

      Move-in ready 600 sq ft rental near shopping and services.
      1221 Altamont Ave, Schenectady, NY 12303
      View Details
    • $1,300 /Mo
      1,124 SF

      Renovated Rental with Modern Amenities

      Newly renovated 400 sq ft rental near shopping and services.
      1221 Altamont Ave, Schenectady, NY 12303
      View Details
    • Contact for pricing
      3,305 SF

      Turnkey Bar/Restaurant for Rent

      Turnkey bar/restaurant with full basement and DJ booth.
      869 Crane St, Schenectady, NY 12303
      View Details
    • Contact for pricing

      Rotterdam Neighborhood Shopping Center Space

      Retail space available in busy Rotterdam shopping center.
      1879 Altamont Ave, Schenectady, NY 12303
      View Details
    • Contact for pricing
      1,750 SF

      Built-Out Hair Salon Available

      Fully built-out hair salon with excellent visibility and ample parking.
      3770 Carman Rd, Schenectady, NY 12303
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    742 Crane St
    Schenectady, NY 12303-1137
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    742 Crane St, Schenectady, NY, 12303
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!