1480 State Street Schenectady, NY ^$ 1

1480 State Street

^$ 1

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1480 State Street

Schenectady, NY, 12304

^$ 1

Bedrooms-- Baths-- Sq 21,714

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Property for Rent in Schenectady, NY

for $1. This 21,714 square foot property was built in 1981 on a lot size of 1.1.

A fully leased, income-generating mixed-use plaza in Schenectady's revitalized commercial corridor. The property includes 4 retail spaces, 2 apartments, a 3,000± SF warehouse, and 2 garage bays with office space, plus 65 off-street parking spaces. Minutes from Downtown, Union College, and major highways, it offers strong visibility and steady traffic. Recent upgrades—electrical, plumbing, HVAC, and an 8-year-old roof—make this a turnkey, low-maintenance investment. The on-site laundromat business is available separately for $600,000, featuring modern, card-enabled equipment and separate utilities. A rare stabilized asset offering dependable cash flow, strong fundamentals, and lasting growth in one of the Capital Region's most active markets.

Rental Active

Price

^$ 1

Taxes

^$ 29,337

Style

Mixed Use

Lot Size

1.1

Year Built

1981

Town/City

Schenectady

County/Region

Schenectady

MLS | Web ID

202520485

Features

General

Sewer Public Sewer

Heating Ductless Forced Air Heat Pump

Cooling Central Air

Zoning Commercial

Construction Materials Block Brick

Year Built 1981

Property Subtype Mixed Use

Current Use Investment Laundromat Mixed Use

Accessibility Other

County Schenectady

New Construction N

Property Type Commercial Lease

HOA N

Rent Includes Building & Land

Status Active

Directions Corner of Fehr Ave and State Street

High School Schenectady

City Schenectady

High School District Schenectady

Lot Size Units Acres

Lot Size Square Feet 48000.0

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 29337.19

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 0

Tax Lot 15.000

Interior

Basement Other

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Water Source Public

Total Parking 65.0

Lot Size Area 1.1

Number of Buildings 1

Spa N

Building Area Total 21714.0

Lot Size Acres 1.1

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1480

* Excluded Features

List By

Benjamin Romer

Listing Agent

Kw Platform

Broker

(518) 368-3932

Phone

bromer@kw.com

Nearby

Trends
Schools

About Schenectady, NY

66,009 Population

7% Since 2002

^$41,120 Median Income

35.65 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853437 Elementary School

853433 Middle School

Schenectady High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/26/2025	$1		Listed Price

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1480 State Street, Schenectady, NY, 12304 is a Property for Rent at $1 with 21,714 sqft and a lot size of 1.1. 1480 State Street was built in 1981. The property's zip code is 12304 which is in Schenectady, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 12/29/2025.

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1480 State Street

Property for Rent in Schenectady, NY

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