796 Burdeck StSchenectady, NY 12306

  • Office buildings
  • 8,534 SF
For Sale
$1,699,000 View listing

Property Details for 796 Burdeck St

Year built
2006
Lot size
1.32 AC
Property size (Sq ft)
8,534 SF
Zone code
I-1
Property type
Office buildings
APN
422800 48.13-2-42.1
APU
42280048132421

Description

This exceptional commercial property at 796 Burdeck Street, Schenectady, NY 12306, presents a unique investment opportunity. Priced at $1,699,000, this property boasts approximately 11,000 square feet of Class A office space, ideal for owner-occupancy. The high-end finishes include a stunning lobby, fully equipped kitchen, and multiple conference rooms, catering to a variety of business needs. The property's prime location offers excellent visibility and accessibility. Ample parking is available on-site, adding significant convenience. A showroom is also included within the office space, providing versatile options for showcasing products or services. In addition to the office space, there is approximately 4,300 square feet of warehouse space, featuring eight oversized garage stalls. This extra space offers significant storage capacity or potential for additional income streams. The flexible layout of both the office and warehouse areas allows for adaptable configurations to suit diverse business requirements. This property combines the benefits of premium office space with the practicality of substantial warehouse storage, making it an attractive proposition for a wide range of commercial enterprises.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,119,978
    6.5%
    $1,956,903
    7%
    $1,817,124
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,122,548
    Geo Method
    $1,115,052
  • Alternative Use

    Use
    Valuation
    Residential
    $2,426,559
    Hospitality
    $2,222,715
    Educational
    $1,849,273
    Medical
    $1,912,872
    Retail
    $2,876,647
796 Burdeck St, Schenectady, New York

Location Insight

City
Schenectady
County
Schenectady
State
New York
Latitude
42.7986
Longitude
-74.0015
CBSA code
10580
CBSA name
ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$66,000
$929,200
$995,200
-
$86,844
$1,222,656
$1,309,500

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