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Listed by Kyle J Bradley • Carrow Real Estate Services LLC

$ 3,600,000

Est. payment -/mo

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Active

132 N Broadway Schenectady, NY 12305

26,718 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 26,718 sqft

Price per Sqft $134

MLS Listing ID 202624413

Year Built 1907

Annual Tax Amount $18,072

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 137'x87'

Property Sub-Type Mixed Use

Source Global MLS

Property Description

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.

Location

State NY

County Schenectady

Zoning Commercial

Direction Take State Street west towards Schenectady, turn right onto Broadway, continue to 132.

Interior

Heating Forced Air, Natural Gas

Exterior

Roof Type Rubber

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 421500 39.72-2-42.1

Jordan Bernard

NYS Licensed Real Estate Salesperson

+1(347) 585-8366 | jmbernardhome1s@gmail.com

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