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Sold on 03/08/2021

1659 Broadway, Schenectady, NY 12306

$339,000

Last sold 03/08/2021 for $225K

  • —

    bed

  • —

    bath

  • 3,280

    Sqft ($69/Sqft)

Multi-family not for sale
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About 1659 Broadway

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Lot size 10,019 Sqft
Movoto estimate
Parking 3 garage spaces
Rental estimate
Property description
PRICE REDUCTION: Fully occupied 6-unit apartment building offered at a 10% cap rate based on as-is income and expenses. 5 1BR's, one studio, and 3 garage bays. $125/mo upside to rent if owner's garage bay is leased to new tenant. 3 units recently renovated and upside to the rents. Tenants pay ALL utilities. 6 parking spaces onsite. New shingle roof (2011), updated electric and new hot water tanks (2011). Good Condition
Listed by
Listing Agent - Felton McLaughlin
Listing Office - NAI Platform LLC
Source: Global MLS mls logo
MLS#202013036 • last updated 1 year ago
Movoto checked Global MLS for data 12 minutes ago
Overview
Cooling/AC Window Unit(s)
Heating Baseboard, Electric
Levels/Style Apartment 4 Plus Unit
Type MultiFamily
SubType Multi Family
SqFt 3280
Lot Size (Acres) 0.23
Lot Size (SqFt) 10018.8
Property Tax 8160
Year Built 1965
Listing Agent Contact 518-428-1164
Interior
Basement Bilco Doors, Slab, Unfinished
Flooring Vinyl, Carpet, Hardwood, Laminate
Exterior
Foundation Slab
Roof Asphalt
Construction Vinyl Siding, Wood Siding
# Garage Spaces 3
# Parking Spaces 3
Parking Off Street, Paved, Detached, Driveway
Patio/ Porch Porch
Lot Desc Irregular Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Subdivision Bellevue
County Schenectady
High School District Schenectady
APN 421500 49.45-1-16
Zoning Commercial
Directions I-890 To Broadway Exit In Schenectady, South On Broadway, Just Past Guilderland Ave Intersection And Across Broadway From Bond Funeral Home.
Multifamily Details
Owner Pays Trash Collection, Parking Fee, Snow Removal, Grounds Care
Tenant Pays Hot Water, Heat, Internet, Cable TV, DSL Internet, Electricity, Garage Fees
Total # Of Units 6
$339K
Range: $264K-$413K
Last 30 days 
Rental est.: $1,818/month
Gross rent multiplier: 10.3
  • Sep 2021
    Public Records
  • Sep 22, 2021 Sold
    $225,000
  • Aug 2021
    mls logo MLS # 202013036
  • Aug 25, 2021 Sold
    $225,000 (+571.6%)
  • Aug 2010
    Public Records
  • Aug 4, 2010 Sold
    $33,500 (-73.4%)
  • Aug 2005
    Public Records
  • Aug 5, 2005 Sold
    $126,000 (+63.6%)
  • Jun 2001
    Public Records
  • Jun 1, 2001 Sold
    $77,000
  • Apr 2001
    mls logo MLS # 2034316
  • Apr 26, 2001 Sold
    $77,000
  • Year Property taxes Tax assessment
  • 2021
    $8,158 +0.2%
    $134,200
  • 2020
    $8,144
    $134,200
  • 1659 Broadway
    $225K
  • Bellevue
    $229K +2% y/y
  • 12306
    $299K -15% y/y
  • Schenectady
    $294K +2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Van Corlaer School
public Grades PK, K-5
Schenectady City School District
2/10
Mont Pleasant Middle School
public Grades 6-8
Schenectady City School District
2/10
Schenectady High School
public Grades 9-12
Schenectady City School District
Source: GreatSchools.org © 2026. All rights reserved.

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