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Erie Blvd Portfolio Sale

3 Office Properties Offered at $8,500,000 in Schenectady, NY

Investment Highlights

  • High-Growth Area.
  • Buildings in great shape with a low vacancy rate.
  • Well cared for buildings.

Executive Summary

3 BUILDING - 4 PARCEL PORTFOLIO SALE! 1462, 1473,1482 and 00 Erie Boulevard. The long-time owners of these well cared for buildings are heading towards retirement. Outstanding Location with great visibility, plenty of parking and easy access to major highways. High growth area - Close to Rivers Casino, Mohawk Harbor, Union College, General Electric, Armory Studios NY, Proctors Theatre, Schenectady Amtrak, Schenectady County Community College and other downtown attractions and businesses. All three buildings are nearly completely leased with a great mix of tenants. Property zoned C4 – Mixed Use Downtown.

Property Facts

Price $8,500,000
Price / SF $96.31 / SF
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 88,259 SF
Total Land Area 4.70 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1462 Erie Blvd, Schenectady, NY 12305 Office 28,928 SF 1946 -
1482 Erie Blvd, Schenectady, NY 12305 Office 36,864 SF 1946 -
Schenectady - OFFICE Space
1473 Erie Blvd, Schenectady, NY 12305
Office 22,467 SF 1991 -
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  • Listing ID: 32247643

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: Erie Blvd Portfolio Sale, Schenectady, NY

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