Schenectady, NY 12305 · Schenectady County

This 22,080-square-foot mixed-use building in downtown Schenectady presents a redevelopment opportunity on Erie Boulevard. Built in 1900 with three stories and roughly 7,500 square feet per floor, the structure includes a full basement, central air, forced air heating, and first-floor loading dock access. The area is experiencing active revitalization supported by the city's Strategic Investment Plan and Downtown Revitalization Initiative, with proximity to Union College, Proctors theater, and neighborhood amenities. The building is suited for adaptive reuse, mixed-use conversion, or repositioning across commercial and residential applications.
Prime redevelopment opportunity in the heart of Downtown Schenectady, offered at $1,250,000. Located along the Erie Boulevard corridor, this approximately 23,000 SF, three-story commercial building presents a unique opportunity for redevelopment, adaptive reuse, or repositioning, with potential for a variety of commercial and mixed-use applications, including residential conversion. The property features approximately 7,500 SF floorplates, three levels of space, and convenient first-floor loading dock access. The building has been exceptionally well maintained and offers strong potential for investors, developers, and owner-users looking to capitalize on the continued revitalization of Downtown Schenectady. Situated in an area benefiting from recent and proposed development initiatives, including support through the City of Schenectady's Strategic Investment Plan and Downtown Revitalization Initiative.
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Ask Sharon for the comps25 facts pulled straight from the MLS listing.
Tax estimated at the Schenectady County rate. Insurance and PMI are estimates. Sharon can connect you with a lender for real numbers.
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The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
Schenectady is in Schenectady County, NY. There are currently 203 active listings here, ranging from $19,000 to $156,200,000. Listings in this address fall under the Schenectady school district. Priced 346% above the Schenectady median of $280,000.
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KW Platform · Listed by Benjamin R Romer (33230)
Contact: 518-368-3932
MLS #202625867 · Source: Global MLS, Inc.
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Real numbers from current MLS data. Not a third-party estimate.
Every change captured by Global MLS since this listing went live.
Public assessment record for the Schenectady roll · Schenectady school district · Downtown Row Type (detached)
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $275,400 | $456,036 | +13.3% |
| 2024 | $275,400 | $402,337 | +15.4% |
| 2023 | $275,400 | $348,608 | +3.8% |
| 2022 | $275,400 | $335,854 | +10.6% |
| 2021 | $275,400 | $303,638 |
Assessed and full market values come from the local assessor and lag the market; the tax bill is the assessed value times the town, county and school rates, which the seller’s disclosure will show. STAR and other exemptions are not reflected here.
FEMA Zone AE: high flood risk
Inside the 1% annual-chance floodplain (Special Flood Hazard Area). Lenders generally require flood insurance on a mortgaged home here; ask for the elevation certificate.
See the official FEMA flood map for this pointSource: FEMA National Flood Hazard Layer, checked 2026-09-10. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.