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$1,250,000
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

$249,900
202622263 MLS
Opportunity awaits at this mixed used Union Street property. Currently set up as a dentist office on the first floor and one apartment spanning the 2nd and 3rd floors. The dentist office features 3 treatment rooms, lobby, front desk, office, break room and two half bathrooms. The apartment is vacant and has 2 full bathrooms, one on the second floor and one on the 3rd floor and 4-5 bedrooms. The property has a garage and includes 8 off street parking spots. Great opportunity to convert into a two or three unit multi-family property and maximize its potential. Recent updates include two furnaces (2021) and two hot water heaters (2017 and 2019). Utilities are separate with two separate electric meters, and two gas meters. Central air on the first floor. Per the city of Schenectady, R-3 zoning and in the historic overlay district. 1984 is the effective year built. Property being sold as-is.

1006 Union Street

$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

$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

$269,000
202528863 MLS
518 Hegeman Street - Versatile Commercial / Mixed-Use Building. Discover the potential of this two-story, 4,450± SF commercial building offering exceptional flexibility for a variety of uses. Situated in a convenient and accessible location, the property features multiple offices, classrooms, open meeting areas, a full kitchen, and restrooms on each level. Perfectly suited for daycare, educational, community, or faith-based programs, the layout provides ample room for group activities, administration, and storage. The building's adaptable floor plan also lends itself to office, studio, or small business use, with onsite parking and easy access for staff and visitors. Clean, well-maintained, and ready for its next chapter, 520 Hegeman Street presents a rare opportunity to own a move-in-ready property in a well-established neighborhood. Whether you're expanding your organization or starting something new, this versatile space is ready to accommodate your vision.

518 Hegeman Street

$430,000
7 Beds 5 Baths 202526396 MLS
118 N College St in the historic Stockade section of the city of Schenectady holds 4 apartments. There are 3 two bedroom apts and 1 one bedroom with a den. All apts are updated with modern kitchens and baths, beautiful hardwood flooring. The apts are heated with gas hot air, 2 of the apts have central air and 3 of the apts have a large office which is perfect for work from home needs or storage. Upper units have porches to enjoy during nice weather. Washer and dryer hookups in 3 of the 4 units. Seperate utilities for all units. There is off street parking for 3 cars and there is even a small 1 car garage. Walking distance to all that downtown Schenectady has too offer. Quick walk to bus line. Tenants are month to month and there is room for rental improvement. Perfect for the seasoned investor or live in vacant unit and have 3 rental incomes.

118 N College Street

$974,900
5 Beds 5 Baths 202526094 MLS
Experience refined living in this stately 5-bedroom brick Colonial, set on 3.7 acres, this residence blends timeless architecture with resort-style amenities. A brand-new inground saltwater pool, private putting green, and sweeping manicured lawns create an outdoor retreat designed for both relaxation and grand entertaining. Inside, the home exudes warmth and sophistication. Gleaming hardwood floors flow throughout sunlit living spaces, including multiple sitting rooms with fireplaces, an expansive home office, and a beautifully appointed entertainment lounge with custom cabinetry that opens seamlessly to the backyard. The chef's kitchen features beautiful stone countertops and top of the line appliances — a perfect blend of elegance and function. Upstairs, the luxurious primary suite offers a spacious walk-in closet and spa-inspired en suite bath. A fully finished basement provides an abundance of additional living space, ideal for recreation, fitness, or hosting guests.

3275 E Lydius Street

$756,000
5 Beds 4 Baths 202523397 MLS
Every once in a while, a truly special home, offered for the first time. Hand-built by a master craftsman w/ precision & detail, this spacious, flexible Colonial sits on over 4 secluded acres in the heart of Niskayuna. It features an expansive entry & a kitchen larger than many million-dollar homes, w/ kitchen & baths designed by an award-winning Bergen County designer. Grand-scale living & entertaining space sets this home apart. Multiple exterior entrances lead to flexible areas perfect for a home office, playroom, man cave, or multi-generational living w/ both up and down primary suites & potential in-law. An easement may allow for subdivision & sale of a rear lot for $100k+. Just 7 mins to the airport & shopping, yet it feels like a peaceful country retreat. See docs for more details.

630 Lishakill Road

$535,000
6 Beds 4 Baths 202517421 MLS
Welcome to Hillcroft, an iconic estate with unrivaled historical and architectural significance. Built for the former CFO of the General Electric Company, H.W. Darling, to his exact specifications sparing no expense. Jaw-dropping, hand-carved detail at every turn. Hardwoods abound! Seven fireplaces and three sets of working 8' pocket doors creates a very open floor plan. Original, hand made tapestry in the dining room from 1915 and a chef's kitchen with a view of the garden, abundant storage. Pine library w/wood burning fireplace is a morning favorite for coffee and news of the day. Very large primary with dressing room, each with its own fireplace as well. Every fireplace has a one of a kind cast iron insert. Professional addition for easy commuting, recently updated. Newer roof

1100 Nott Street

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