602-604 State St | Schenectady, NY 12305
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602-604 State St
Schenectady, NY 12305
Multifamily Property For Sale
·
24 Units
PROPERTY FACTS
| No. Units | 24 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Building Size | 13,616 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1939 |
| Building Class | C | Parking Ratio | 0.59/1,000 SF |
| Zoning | CH | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 13,616 SF |
| No. Stories | 4 |
| Year Built | 1939 |
| Parking Ratio | 0.59/1,000 SF |
| Zoning | CH |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
ABOUT 602-604 STATE ST , SCHENECTADY, NY 12305
Mixed use building with 24 apartments and 2 commercial spaces, 8 parking spaces. Located in Downtown Schenectady in area that has seen a significant redevelopment that includes office, hotel, retail and restaurants. Units have hardwood floors and individual heating units. Well maintained. 9% cap rate based on Net Operating Income / 17% if cash on cash. Financial information available upon request.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | $675.00 | 750 |
PROPERTY TAXES
| Parcel Number | 039-080-0002-028-000-0000 | Improvements Assessment | $608,500 |
| Land Assessment | $25,400 | Total Assessment | $633,900 |
PROPERTY TAXES
Parcel Number
039-080-0002-028-000-0000
Land Assessment
$25,400
Improvements Assessment
$608,500
Total Assessment
$633,900
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