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    Property profile & analytics

    855 Crane St Schenectady, NY 12303-1155

    • Investment properties
    • 5,880 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Location Intelligence
    Property ID
    US63-0514829
    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 855 Crane St

    Year built
    1981
    Lot size
    0.09 lot acres
    Property size
    5,880 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    421500 49.47-3-43
    APU
    4215004947343

    Description

    This mixed-use property at 855 Crane Street in Schenectady, NY, offers a fantastic opportunity for retail businesses. The building, constructed in 1981, boasts a total of 2,600 square feet, with 1,169 square feet currently available for lease. The space is situated on a 0.09-acre lot and is zoned for mixed-use development, providing flexibility for various business types. The building features two separate suites, ideal for multiple tenants or a single occupant seeking expansion. Located in the thriving Mt. Pleasant neighborhood, this property benefits from significant recent improvements. The building's new ownership has added four brand-new apartments on the second floor, indicating a commitment to revitalization and attracting new residents to the area. Further enhancing the property's appeal is the ongoing development directly across the street, suggesting a positive trajectory for the neighborhood's growth and increased foot traffic. This prime location in Schenectady County offers excellent visibility and accessibility, making it an attractive investment for businesses seeking a vibrant and expanding market. The property's 1981 construction provides a solid foundation, while the recent upgrades and surrounding development promise a bright future. Serious inquiries are encouraged to explore this exceptional retail 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
    -73.948
    Latitude
    42.8
    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
    $12,700
    $180,100
    $192,800
    -
    $16,076
    $227,975
    $244,051

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    Schenectady, NY 12303-1155
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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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