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Electric City Apartments 240 State St 1,664 - 3,762 SF of 4-Star Retail Space Available in Schenectady, NY 12305
Highlights
- Contemporary mixed-use development built in 2019.
- Prime corner location at State Street and Erie Boulevard.
- Surrounded by a vibrant mix of retail and dining amenities.
- 104 residential units positioned above retail space.
- Walkable access to Union College and Proctors Theatre.
- Strong visibility with over 10,500 vehicles passing daily.
All Available Spaces(2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
Owner is offering 2 months rent free. Already built out restaurant space now available to lease! This property is on a highly visible corner of State St. and Erie Blvd with 105 apartments above retail space. This retail space is ideally situated in the heart of downtown Schenectady, just a short walk from Union College, Theater Row, and the historic Proctors Theatre. With a high volume of foot traffic and ample exposure, it offers an exceptional opportunity for retail and restaurant and service related business. With an average of 10,500+ AADT on State St. There is a new aquarium and grocery store being developed within walking distance. Strong mix of professional tenants.
- Lease rate does not include utilities, property expenses or building services
- Corner Space
- Recessed Lighting
- Common Parts WC Facilities
- Display Window
- Wheelchair Accessible
- Built-out restaurant space available
- Located in heart of downtown Schenectady
- 10,500+ vehicles daily on State Street
- Located in-line with other retail
- Secure Storage
- Finished Ceilings: 20’
- Demised WC facilities
- Smoke Detector
- Owner offering 2 months rent free
- Highly visible corner of State & Erie
- Close to Union College and Theater Row
Owner is offering 2 months rent free. Already built out restaurant space now available to lease! This property is on a highly visible corner of State St. and Erie Blvd with 105 apartments above retail space. This retail space is ideally situated in the heart of downtown Schenectady, just a short walk from Union College, Theater Row, and the historic Proctors Theatre. With a high volume of foot traffic and ample exposure, it offers an exceptional opportunity for retail and restaurant and service related business. With an average of 10,500+ AADT on State St. There is a new aquarium and grocery store being developed within walking distance. Strong mix of professional tenants.
- Lease rate does not include utilities, property expenses or building services
- Corner Space
- Recessed Lighting
- Common Parts WC Facilities
- Display Window
- Wheelchair Accessible
- Built-out restaurant space available
- Located in heart of downtown Schenectady
- 10,500+ vehicles daily on State Street
- Located in-line with other retail
- Secure Storage
- Finished Ceilings: 20’
- Demised WC facilities
- Smoke Detector
- Owner offering 2 months rent free
- Highly visible corner of State & Erie
- Close to Union College and Theater Row
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor | 2,098 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $33,568 /YR $2,797 /MO | Retail | Shell Space | Now |
| 1st Floor | 1,664 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $19,968 /YR $1,664 /MO | Retail | Shell Space | Now |
1st Floor
| Size |
| 2,098 SF |
| Term |
| Negotiable |
| Rental Rate |
| $16.00 /SF/YR $1.33 /SF/MO $33,568 /YR $2,797 /MO |
| Space Use |
| Retail |
| Build-Out |
| Shell Space |
| Available |
| Now |
1st Floor
| Size |
| 1,664 SF |
| Term |
| Negotiable |
| Rental Rate |
| $12.00 /SF/YR $1.00 /SF/MO $19,968 /YR $1,664 /MO |
| Space Use |
| Retail |
| Build-Out |
| Shell Space |
| Available |
| Now |
1st Floor
| Size | 2,098 SF |
| Term | Negotiable |
| Rental Rate | $16.00 /SF/YR |
| Space Use | Retail |
| Build-Out | Shell Space |
| Available | Now |
Owner is offering 2 months rent free. Already built out restaurant space now available to lease! This property is on a highly visible corner of State St. and Erie Blvd with 105 apartments above retail space. This retail space is ideally situated in the heart of downtown Schenectady, just a short walk from Union College, Theater Row, and the historic Proctors Theatre. With a high volume of foot traffic and ample exposure, it offers an exceptional opportunity for retail and restaurant and service related business. With an average of 10,500+ AADT on State St. There is a new aquarium and grocery store being developed within walking distance. Strong mix of professional tenants.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Corner Space
- Secure Storage
- Recessed Lighting
- Finished Ceilings: 20’
- Common Parts WC Facilities
- Demised WC facilities
- Display Window
- Smoke Detector
- Wheelchair Accessible
- Owner offering 2 months rent free
- Built-out restaurant space available
- Highly visible corner of State & Erie
- Located in heart of downtown Schenectady
- Close to Union College and Theater Row
- 10,500+ vehicles daily on State Street
1st Floor
| Size | 1,664 SF |
| Term | Negotiable |
| Rental Rate | $12.00 /SF/YR |
| Space Use | Retail |
| Build-Out | Shell Space |
| Available | Now |
Owner is offering 2 months rent free. Already built out restaurant space now available to lease! This property is on a highly visible corner of State St. and Erie Blvd with 105 apartments above retail space. This retail space is ideally situated in the heart of downtown Schenectady, just a short walk from Union College, Theater Row, and the historic Proctors Theatre. With a high volume of foot traffic and ample exposure, it offers an exceptional opportunity for retail and restaurant and service related business. With an average of 10,500+ AADT on State St. There is a new aquarium and grocery store being developed within walking distance. Strong mix of professional tenants.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Corner Space
- Secure Storage
- Recessed Lighting
- Finished Ceilings: 20’
- Common Parts WC Facilities
- Demised WC facilities
- Display Window
- Smoke Detector
- Wheelchair Accessible
- Owner offering 2 months rent free
- Built-out restaurant space available
- Highly visible corner of State & Erie
- Located in heart of downtown Schenectady
- Close to Union College and Theater Row
- 10,500+ vehicles daily on State Street
Property Facts
| Total Space Available | 3,762 SF | Apartment Style | Mid-Rise |
| No. Units | 104 | Building Size | 127,530 SF |
| Property Type | Multifamily | Year Built | 2019 |
| Property Subtype | Apartment |
| Total Space Available | 3,762 SF |
| No. Units | 104 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 127,530 SF |
| Year Built | 2019 |
About the Property
Electric City Apartments is a modern Class B mixed-use development built in 2019, featuring 104 residential units situated above vibrant ground-floor retail. This property occupies a highly visible corner at State Street and Erie Boulevard, placing retail tenants in the heart of downtown Schenectady’s dynamic business and entertainment district. The location provides unmatched convenience, just steps from Union College, Theater Row, and the historic Proctors Theatre, ensuring steady pedestrian activity and strong day-to-night traffic. With a diverse tenant mix and high visibility along a corridor with over 10,500 daily vehicles, this property offers exceptional exposure for retail, restaurant, and service-oriented businesses.
Nearby Major Retailers
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Electric City Apartments | 240 State St
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