Schenectady NY 5000+ Sq. Ft. Real Estate, Homes, Condos for Sale

202625867 MLS

Prime redevelopment opportunity in the heart of Downtown Schenectady, offered at $1,250,000. Located along the Erie Boulevard corridor, this approximately 23,000 SF, three-story commercial building presents a unique opportunity for redevelopment, adaptive reuse, or repositioning, with potential for a variety of commercial and mixed-use applications, including residential conversion. The property features approximately 7,500 SF floorplates, three levels of space, and convenient first-floor loading dock access. The building has been exceptionally well maintained and offers strong potential for investors, developers, and owner-users looking to capitalize on the continued revitalization of Downtown Schenectady. Situated in an area benefiting from recent and proposed development initiatives, including support through the City of Schenectady's Strategic Investment Plan and Downtown Revitalization Initiative.

180 Erie Boulevard

$899,900

3 Baths ⋅ 202625381 MLS

Impressive mixed-use commercial property on a desirable corner lot at 671 Mariaville Road, Schenectady! This high-traffic location features four established retail tenants -- including a pool supply store, gun and ammo reseller, and fishing supply shop -- anchored by the Delgallo Pools and Wagon Train BBQ Restaurant, a regional favorite that draws steady customer traffic. Real estate only for sale. The property was extensively remodeled in 2004, with numerous updates throughout, including a complete roof replacement using 50-year rubber slate-style shingles for long-term durability and low maintenance. Zoned B-1, the property allows for a wide range of business and redevelopment opportunities. A stand-alone 16' x 20' office building offers flexible build-to-suit options for future tenants seeking a smaller, more manageable retail or professional space. Additional income is generated from a retail propane fill station, further enhancing cash flow. The second floor includes a well-kept one-bedroom apartment, adding residential rental income. With projected gross annual rents exceeding $130,000, this property provides strong, diversified income potential, long-term stability, and exceptional visibility in a growing commercial corridor! Businesses are excluded from the sale, the Gun Store, and the pool supply store are both negotiable.

671 Mariaville Road

$750,000

12 Beds ⋅ 7 Baths ⋅ 202625284 MLS

Well-Maintained 6-Unit Multifamily Investment Opportunity -- $750,000 Fully rented and turnkey, this 6-unit multifamily property offers a stable, income-producing asset with room to grow. Each unit is separately metered with individual electric heat and its own hot water tank, keeping utility costs cleanly divided between tenants. The property also features ample on-site parking for residents, and is located +/- 250 feet from the ALCO Heritage Trail bike path. Currently generating an approximate 6% cap rate, the property presents a clear path to an estimated 8% cap rate through market-rate rent adjustments -- offering investors meaningful upside in both cash flow and long-term value. A well-maintained, fully occupied property with strong fundamentals and clear growth potential. Pro forma available upon request.

4 River Street

$2,000,000

202625203 MLS

1480 State Street | Turnkey Mixed-Use Retail Plaza - Fully Leased Investment Opportunity An exceptional opportunity to acquire a fully stabilized, income-producing mixed-use plaza in the heart of Schenectady's revitalized commercial corridor. All retail and residential units are fully leased, offering immediate, dependable cash flow and a diversified tenant mix. This property features 4 street-level retail spaces, 2 residential apartments, a 3,000± SF warehouse, and 2 garage bays with office space, all supported by 65 off-street parking spaces--a rarity in this high-traffic corridor. Located minutes from Downtown Schenectady, Union College, and major highway access, the plaza benefits from consistent visibility and steady consumer traffic. Extensive recent improvements--updated electrical, plumbing, HVAC systems, and an 8-year-old roof--provide investors with a low-maintenance, turnkey asset poised for long-term growth. The property also includes the option to purchase the on-site LAUNDROMAT business (available separately for $600,000), which is separately metered, features a dedicated 6' sewer main, and operates with modern, card-enabled equipment--further enhancing the site's overall income potential. The new, improved pricing reflects both the strength of the asset and the proven stability of its tenant mix, presenting an exceptional opportunity for investors seeking reliable returns, strong fundamentals, and continued upside in one of the Capital Region's most dynamic submarkets.

1480 State Street

$3,600,000

202624413 MLS

100% occupied 11 Unit Mixed-Use asset in the heart of Downtown Schenectady. +/- 26,718 sf, 4 story building featuring one (1) studio, five (5) one-bedroom units, five (5) three-bedroom units & one commercial space. Ground floor retail space is occupied by long term tenant with 5 years of term remaining. Property was completely renovated in 2021 featuring industrial, loft-style finishes. Priced at a 7.40% cap rate on in place income and includes a PILOT program in place through 2031. Located in Downtown Schenectady right off State Street; steps from numerous dining and entertainment options. Priced significantly below replacement cost.

132 N Broadway

$1,600,000

9 Beds ⋅ 6 Baths ⋅ 202621204 MLS

Exceptional opportunity to acquire two fully occupied five-unit apartment buildings offered together as a 10-unit investment portfolio. This turnkey package features a diverse unit mix, strong rental history, and over $220,000 in capital improvements since 2022, including renovated apartments, updated kitchens and baths, refinished hardwood and luxury vinyl flooring, plumbing and mechanical upgrades, exterior painting, and more. Tenants pay their own utilities. Both properties offer off-street parking, with garages at 1114 Union St. Ideally located near Union College, Ellis Hospital, downtown Schenectady, shopping, dining, and major highways. Financials available upon request.

1114 Union Street

$3,000,000

202620541 MLS

A rare downtown Schenectady investment and redevelopment opportunity comprising approximately 45,322 square feet situated on 1.20 acres across four tax parcels. Prominently located at the intersection of State Street, South Ferry Street, and Erie Boulevard, the property offers extensive on-site parking, flexible office and community facility space, elevator access, and highly desirable C-4 Downtown Commercial Mixed-Use zoning that permits a broad range of office, medical, educational, multifamily, hospitality, retail, and mixed-use uses.

214 State Street

$140,000

202617729 MLS

Incredible opportunity to own a mixed-use, commercially zoned building offering over 5,500 sq ft of space in the desirable Stockade of Schenectady! Features include high ceilings in the retail area, a garage with separate access for storage, rear workshop, large office space, second-floor storage, multiple entrances, and a 1 bed/1 bath apartment in rear with off-street parking. Potential for residential conversion (w/ municipal approval). This property is ideal for a business looking to relocate or expand with optimal space for retail/warehouse and sales. Conveniently walkable to downtown amenities and minutes from Rivers Casino. Cash only, sold as-is. 24-hr notice required for showings

27 N College Street

$450,000

8 Beds ⋅ 5 Baths ⋅ 202614192 MLS

Sold before in MLS.

2416 Broadway

$1,590,000

16 Baths ⋅ 202611447 MLS

Prime 16-Unit Brick Investment Near Union College. Solid all-brick 16-unit multifamily generating $17,780/month in gross rents with a gross annual scheduled rent roll of $213,360. The property features a full sprinkler system on all four levels in common areas, plus a new rubber roof installed in 2022, providing major capital-expense peace of mind. Ideally located within walking distance to Union College, downtown Schenectady, and public transportation, with a bus stop directly across the street, this asset sits squarely in the path of the city's ongoing revitalization. Most apartments feature hardwood floors, and the building is currently in good overall condition. At the asking price, the projected returns place the cap rate in the high-10% range, making this a compelling income play for both seasoned and first-time multifamily investors. Year built is approximate (CRS reflects 1984; believed inaccurate). Expense figures are estimated. There are 16 units with 19 total bedrooms and 51 total rooms. Additional financial details available upon request. See MLS Docs. Invest in Schenectady's resurgence; this is a cash-flowing opportunity you don't want to miss.

1011 Union Street

$1,590,000

19 Beds ⋅ 16 Baths ⋅ 202611444 MLS

Prime 16-Unit Brick Investment Near Union College. Solid all-brick 16-unit multifamily generating $17,780/month in gross rents with a gross annual scheduled rent roll of $213,360. The property features a full sprinkler system on all four levels in all common areas, plus a new rubber roof installed in 2022, providing major capital-expense peace of mind. Ideally located within walking distance to Union College, downtown Schenectady, and public transportation, with a bus stop directly across the street, this asset sits squarely in the path of the city's ongoing revitalization. Most apartments feature hardwood floors, tiled bathrooms and the building is currently in good overall condition. At the asking price, the projected returns place the cap rate in the high-10% range, making this a compelling income play for both seasoned and first-time multifamily investors. Year built is approximate (CRS reflects 1984; believed inaccurate). Expense figures are estimated. Additional financial details available upon request. Invest in Schenectady's resurgence; this is a cash-flowing opportunity you don't want to miss.

1011 Union Street

$775,000

8 Beds ⋅ 6 Baths ⋅ 202611091 MLS

Astounding investment property located in the midst of Schenectadys historic Stockade neighborhood. This property has a ton of charm and character that is seen from corner to corner. Ample natural light to showcase the inspiring wood working craftsmanship stretching throughout. 6 residential units with long term tenants and off-street parking make this a great addition to any investors portfolio. Do not allow yourself to miss out on this property!

210 Union Street

$575,000

4 Baths ⋅ 202610875 MLS

Incredibly versatile beautifully maintained turnkey restaurant. Over 4300 of space on the main level could be divided into multiple spaces and or other businesses, with separate entrances. Currently a fully functioning restaurant, with full bar, cafe seating, a private dining room, and approx. 1200 sq ft that could be additional dining currently or a completely different business. There is also a residential apartment upstairs originally set up to be a 2 BR owners unit or additional offices about 600 Sq ft. The full basement offers offices, a full bath, walk in coolers/freezers, and tons of dry good storage. You couldn't rent this space for what you could own it for, excellent investment opportunity. Just 1/2 mile from Ellis Hospital, 1.5 miles to Rivers and Union College, and 2 miles to Proctors. Sale includes all FFE excepting some personal effects.

2015 Rosa Road

202 Front Street

3 Baths ⋅ 202527622 MLS

TURN KEY BUSINESS RESTAURANT & BAR WITH APARTMENT.

783 STATE Street 783

$465,000

15 Beds ⋅ 5 Baths ⋅ 202522024 MLS

Fully rented and stable 5 unit with $82,500 annual revenue. Current owners renovated 4 of 5 units, replaced roof, etc. 3 bedroom apartments are 2 stories, side by side. Adjacent parking lot is included in sale and provides off street parking for each unit. Separate utilities and washer dryer hook ups in each apartment. Listing agent is owner.

1636 Foster Avenue

$499,000

7 Beds ⋅ 5 Baths ⋅ 202519218 MLS

Profitable clean turnkey 5-unit historical residential dwelling investment located in the desirable Stockades with long term tenants producing great cashflow and potential for higher rents! Very clean and updated throughout! Off-street parking. Separate utilities. First floor coin-operated laundry, plus W/D hookups in 2 units. Updated kitchens, bathrooms and appliances. New water and gas lines. Upgraded electrical. External access to basement (not through a rental unit). Video surveillance for safety and remove visual access. Interconnecting smoke and fire alarms. You just can't beat this bottom line!

219 Green Street, Schenectady

$1,700,000

10 Beds ⋅ 14 Baths ⋅ 202514004 MLS

Walk score 100! Newer building with a great rental history and 100% rented now! Walk to bars, movies, Union College, River's Casino and more! Parking included, this is a must see. Investors take notice today! PILOT still available.

525 Union Street

$552,000

6 Beds ⋅ 7 Baths ⋅ 202513932 MLS

Ideal location near Union College! This property features 6 residential units and 1 commercial space, each with granite countertops, hardwood floors and updated bathrooms. Residents enjoy the convenience of on-site laundry, and heat is included in the rent. Tenants are responsible for separate gas for the stove and electric. The building boasts a new EPDM roof, installed in 2021.

841 Union Street, Schenectady

$552,000

202513806 MLS

Ideal location near Union College! This property features 6 residential units and 1 commercial space, each with granite countertops, hardwood floors and updated bathrooms. Residents enjoy the convenience of on-site laundry, and heat is included in the rent. Tenants are responsible for separate gas for the stove and electric. The building boasts a new EPDM roof, installed in 2021.

841 Union Street, Schenectady

$665,000

11 Beds ⋅ 6 Baths ⋅ 202510990 MLS

This well-maintained 6-unit property offers a solid income stream and significant long-term potential. Situated on a prominent retail corner on Upper Union Street, it is in superior condition and represents a valuable investment opportunity. CALL LISTING AGENT FOR SHOWINGS

1723 Union Street, Schenectady

$655,000

202510487 MLS

Discover a prime investment opportunity in vibrant downtown Schenectady with this two-story mixed-use commercial building for sale. This property features two commercial storefronts: (1) turn-key deli/rest. (approx. 3,300 sq. ft.) equipped with upgraded mechanicals, and a successful salon.The second floor boasts two rental apartments, including a spacious 1,000 sq. ft. two-bedroom unit(rented for $1,400/month) and a beautifully renovated 3-bedroom apartment (3,000 sq. ft.) currently marketed for rent at $2,200/month. This turnkey building includes new HVAC, central air, and updated electric, making it a fantastic investment with endless possibilities. Sale includes real estate, furniture, and fixtures. Public and metered parking available.

140 Clinton Street

$530,000

202430716 MLS

Located in the heart of Schenectady and just minutes to Union College, Ellis Hospital and all that the Union Street Corridor has to offer is this 11,485 sq ft brick building with parking for 43 vehicles. Current uses are general office and a church. The building is Handicap accessible with an elevator servicing all three floors.

1411 Union St Street

$274,900

202428745 MLS

COMBINE WITH 1130 CONGRESS (SINGLE FAMILY HOME) FOR $374,900. Exceptional opportunity Schenectady's Mount Pleasant neighborhood! This 6,500 plus sq. ft. church sits on a large lot with ample parking, offering versatile possibilities. Features include a spacious hall with a stage, balcony, and full industrial kitchen—perfect for events, community gatherings, or culinary ventures. An underground bowling alley adds unique potential for creative uses. Zoned in a multifamily district, this property could be an ideal candidate for redevelopment as apartments, artist studios, a community center, an entertainment venue, or a continued place of worship. Don't miss this rare chance to bring a visionary project to life in a historic neighborhood!

1140 Congress Street, Schenectady

$95,000

202428288 MLS

This City of Schenectady Owned commercial space is perfect for a wide range of businesses. Situated in a high-visibility location with ample foot traffic, the space offers open floor plan, large storefront windows, and flexible layout options to accommodate your vision. With generous square footage, this versatile layout is ideal for retail, office, studio, or specialty services. The property provides convenient on-site parking as well as easy street access, Located in a prime area close to local dining, shopping, and public transport, this space offers everything needed to support a thriving business. THIS PROPERTY DOES NOT HAVE AN ESTIMATE FOR ADDITIONAL RESERVES. BUYERS MUST PROVIDE A PROPOSAL FOR THEIR INTENDED USE. NO ACCESS TO SECOND FLOOR

824 Broadway, Schenectady

$500,000

11 Beds ⋅ 6 Baths ⋅ 202427681 MLS

Amazing opportunity to own a corner site directly across from Mohawk Harbor with over 200' road frontage. One 2-family and one 4-family. Cash cow from 6 residential rentals. Central location in a quiet area; walk to Riverside shops and restaurants,the Mohawk Hudson trail and easy drive to any corner of the Capital Region. Zoned light-industrial can be converted to other potential future development site with ancillary business for best use of this location. Can be packaged with adjacent lots.

353 Maxon Road

$115,000

3 Baths ⋅ 202426672 MLS

Start a business in the thriving developing Schenectady area. Close to downtown and all the new developments. This building has newer siding & roof. The rest is for a more seasoned investor to completely renovate. Lots of space for the creative imagination. This building will require a full written business proposal & building needs to go through a variance approval for any residential use. Buyer to verify taxes

818 Albany Street

$675,000

18 Beds ⋅ 12 Baths ⋅ 202426141 MLS

Discover this highly profitable 12-unit apartment complex, featuring spacious six 2-bedroom units in front of the building and six 1-bedroom units in the back side of the building. With a solid track record of exceptional cash flow. With low vacancy rates and strong rental demand, this property has been a consistent income generator for the current owner. A portion of the roof was replaced a few years ago and a brand new steam radiator furnace have been installed within last a few years, ensuring added value and reduced maintenance costs. Perfect for investors seeking reliable returns, this is a prime rental property not to be missed! There are separate gas and electrical meters for all 12 units. Rents are low, can be increased. Perfect property to add to your portfolio.

1004 Ostrander Place

$370,000

202414925 MLS

Historic ''Doctor's Row'' Mansion office space for sale. +/-5,043 sf single tenant professional office building currently occupied by professional law firm. Steps from Union College and Central Park, on prominent corner lot. Meticulously maintained with magnificent historic architecture. Office contains 8 private offices, reception, 2 conference rooms, and kitchenette. Eight (8) vehicle on-site surface parking lot in rear. Ability to add additional office or residential space on 3rd floor. Priced significantly below replacement cost.

1338 Union Street

$1,275,000

23 Beds ⋅ 25 Baths ⋅ 202414718 MLS

25 Unit building featuring 23 1BR apartments and two street level commercial spaces in the heart of downtown Schenectady! Prime location with great walkability and public transit options. Off st parking in rear accommodates up to 8. Coin op laundry provides additional income.

604 State Street, Schenectady

$750,000

202414077 MLS

Newly renovated Twins Motor Inn in Schenectady is an 18 room motel with 2 onsite apartments, 90% + regular occupancy. Ready for new owner to take on this great investment! Address for GPS is 921 State St.

919 State Street

$1,510,000

202410085 MLS

Class A office space + warehouse available sale! Perfect owner occupy property for all your business needs. Includes +/- 10,000 SF of class A high office space with high end finishes, beautiful lobby, kitchen, and conference rooms, great location, ample parking, showroom. Additional 8 oversized garage stalls for extra storage, or investment. Ample private offices and common workspaces this space can be flexed in many usable ways.

796 Burdeck Street

$205,000

4 Baths ⋅ 202110689 MLS

Location, Location, Location Calling all investors or fantastic business owner occupied opportunity. Brand New Roof on this great building. Property Brings 27% cash on cash cap rate. Currently bringing in $54,240 per year and could bring in more cash flow. The Property includes a leased store front with 1782 sqft, A large 3 bedroom apartment with kitchen, living, good sized bathroom & lots of storage/closets, Access to attic from this unit. Clean, nice & sunny 1 bd freshly painted. 1st floor 2 bd apartment w/ access to backyard. Property also feature 3 garages 167 sqft each & the workshop is 1296 sq ft. Always easy to rent, call for more details or to set up a showing.

2627 BROADWAY

$380,000

6 Baths ⋅ 202327945 MLS

Fantastic opportunity to own a location directly across from Mohawk Harbor. Currently existing over 12,000 sq ft building used for sales and repair garage divided up by 5 small attached garages, with overhead door heights that range from 6 to 12 feet on a half acre lot. Red light at corner of property. Across from river's Casino. High traffic count and easy highway access. Opportunities and uses are endless.

1650 Erie Boulevard, Schenectady

$475,000

7 Beds ⋅ 6 Baths ⋅ 202318872 MLS

Fantastic investment opportunity. Everything done for you. Building and all six units renovated in 2018 including Plumbing, Electrical, Windows/Doors, Lighting, Baths & Kitchens, Flooring. 6 new HW tanks, 4 new furnaces. Fully painted inside and out. New exterior railings, fire escapes / decks. Roof seal coated in 2018. Tenants pay own heat and hot water. Property and units in very good shape. Property sold with adjacent vacant lot. 10+ car parking in residential area walking distance to Union College, Mohawk River, Rivers Casino and everything ''New Schenectady'' has to offer. Financials in documents. One unit left vacant for showings — can be rented at closing! Management in place (keep or manage yourself). Don't miss this great opportunity!

1646 Carrie Street

$111,014

202318744 MLS

INVESTMENT OPPORTUNITY AVAILABLE!! Six unit multi-family building FOR SALE! This property is part of a larger, multi-building portfolio but can be sold individually. The building is being offered ''AS IS'' and will be delivered vacant.

779 Albany Street

$111,014

202318726 MLS

INVESTMENT OPPORTUNITY AVAILABLE!! Four residential unit and two commercial space building FOR SALE! This property is part of a larger, multi-building portfolio but can be sold individually. The building is being offered ''AS IS'' and will be delivered vacant.

752 Albany Street

$249,000

201716541 MLS

SOLID BUILDING. PERFECT FOR GROCERY STORE, CHURCH, GYM, WITH PARKING. ALSO WITH 1-2BR APT AND 2-1BR APTS ON THE SECOND FLOOR OF THE BUILDING.

2502 BROADWAY, Schenectady

$599,900

5 Beds ⋅ 6 Baths ⋅ 202210605 MLS

Fully leased mixed use building in the heart of downtown Schenectady. Building consists of a restaurant and 5 luxury apartments. Entire building was gutted and completely remodeled top to bottom in 2015. All new mechanicals, plumbing and electrical throughout.

322 STATE Street, Schenectady

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5000+ Sq. Ft. Schenectady Real Estate