132 N Broadway, Schenectady, NY 12305

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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.

132 N Broadway | MLS# 202624413

This commercial property located at 132 N Broadway, Schenectady, NY 12305 is currently listed for sale with an asking price of $3,600,000. Search Schenectady real estate on egor-kryshtopav.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Investment

Cooling: Central Air

Heating: Forced Air, Natural Gas

Lot Size: 0.27 Acres

Roof Type: Rubber

Stories: 3.0

Taxes: $18,072

Year Built: 1907

Feature Descriptions

Current Use: Mixed Use

Days on Site: 1

Exterior: Brick

Lot Dimensions: 137'x87'

Parcel #: 421500 39.72-2-42.1

Parking Total: 0

Sewer: Public Sewer

SQFT Building Total: 26718

Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: Carrow Real Estate Services LLC
Agency Phone: 1 518-462-7491

Shown By

Agent Name: Egor Kryshtopav
Agent Phone: (347) 309-3844 Cell
Agency Title: Timberland Properties

132 N Broadway, Schenectady, NY 12305

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