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948 State St
Schenectady, NY 12307
 Retail Property For Sale

Retail Buildings New York Schenectady 948 State St, Schenectady, NY 12307

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EXECUTIVE SUMMARY

Absolute NNN lease providing completely passive ownership with 10% rent increases every five years in the primary term and options

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2016
Price
$1,525,079
Price Per SF
$183.30
Cap Rate
8.15%
NOI
$124,294
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.96 AC
Zoning
05
Frontage
104’ on State

AMENITIES

  • Bus Line

PROPERTY TAXES

Parcel Number 049-042-0002-012-021-0000 Improvements Assessment $1,159,900
Land Assessment $75,300 Total Assessment $1,235,200

PROPERTY TAXES

Parcel Number
049-042-0002-012-021-0000
Land Assessment
$75,300
Improvements Assessment
$1,159,900
Total Assessment
$1,235,200
 

  • Listing ID: 39181141

  • Date on Market: 1/22/2026

  • Last Updated:

  • Address: 948 State St, Schenectady, NY 12307

More public record information on 948 State St, Schenectady, NY 12307

The Hamilton Hill Retail Property at 948 State St, Schenectady, NY 12307 is currently available. Contact Stream Capital Partners for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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