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1 Cottage Row
Schenectady, NY 12305
Multifamily Property For Sale
·
21 Units
PROPERTY FACTS
| No. Units | 21 | Lot Size | 0.48 AC |
| Property Type | Multifamily | Building Size | 16,730 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1834/2005 |
| Building Class | C | Parking Ratio | 1.32/1,000 SF |
| Zoning | 03 - MULTI | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 16,730 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1834/2005 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | 03 - MULTI |
AMENITIES
UNIT AMENITIES
- Ceiling Fans
- Deck
- Loft Layout
SITE AMENITIES
- Laundry Facilities
ABOUT 1 COTTAGE ROW , SCHENECTADY, NY 12305
Marcus & Millichap is pleased to present an opportunity to obtain a large, fully performing multi-family asset in the Historic Stockade district of Schenectady. This 21 unit building has 19 1 one bedroom and 2 two bedroom apartments. Seven of the 1 bedroom apartments are loft-style with vaulted ceilings and provide tenants with approximately 900 sf of living space. Cottage Row Apartments has expansive decks/patios, off street parking and on-site laundry for tenants' convenience. Units feature hardwood floors and new appliances and air conditioning. All kitchens have dishwashers/microwaves. Property is separately metered for electric (Tenants pay). HVAC units and ranges are electric. Occupancy is 100% Building is located within easy walking distance to mass transportation, shopping, houses of worship, etc. This Stockade district of Schenectady possesses the largest collection of authentic colonial houses of any neighborhood in the United States.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 19 | $862.50 | 720 - 950 |
| 2+1 | 2 | $825.00 | 720 |
PROPERTY TAXES
| Parcel Number | 039-064-0001-005-001-0000 | Improvements Assessment | $791,800 |
| Land Assessment | $48,200 | Total Assessment | $840,000 |
PROPERTY TAXES
