Here is your opportunity to bring this property back! The first floor can be an apartment or store front with proper City approvals. There is already a residential unit on the second floor. However, the building requires a full rehab. Cash or renovation financing to be considered. This is owned by the City of Schenectady. All offers must include proof of funds for offer price and minimum reserves of $62,500. A scope of work can be submitted to support your offer. Buyer to verify the taxes. City owned property is exempt. Offer deadline for November PMC meeting is 10/26/26. No offers will be considered by the PMC prior to the November meeting.
Multi-familyProperty Type
1981Year Built
2,613 sq ftLot Size
$31Price/Sq.Ft.
Listing by Latasha Gardner• LG Real Estate and Consulting, LLC
Hamilton Hill & Vale, located between Downtown Schenectady and Central Park, is a residential and historic Schenectady neighborhood with hillside streets and a mix of brick rowhouses and wood-frame homes. The neighborhood’s character concentrates around the Union Street corridor near Nott Terrace, where corner storefronts, takeout counters, and long-running local services set a steady, lived-in rhythm. Stockade Association events and walking tours tie the area to Schenectady’s oldest streetscapes, while nearby Proctors anchors the city’s performing-arts calendar. Architecture shifts from compact city blocks to larger lots as the terrain rises toward Vale Park. Sidewalk routes connect to Mohawk Harbor’s waterfront paths and the Erie Canalway Trail. Daily life centers on parks, stoops, and small commercial strips rather than big-box retail.
Provided by Walk Score and Local Logic
Offer insights
844 Albany St · $50,000
$50.88K and above
75% chance or better to win
Why $50.88K+ is a strong offer
DAYS ON MARKET
15 days
The average home goes pending in 27 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Interior features
Hardwood and linoleum flooring
Unfinished basement
Bedrooms
Two-unit property: one unit with 1 bedroom, the other unit with 2 bedrooms
Bathrooms
Two full bathrooms total (one full bath on the 1st level, one full bath on the 2nd level)
Flooring
Hardwood
Linoleum
Exterior features
Asphalt roof
Small lot (approximately 0.06 acres)
Home design
Duplex
Total living area about 1,632
Construction
Vinyl siding
Utilities
Public water
Public sewer
Financial info
Two-unit building (2 total units)
Electricity and solar
View estimated energy costs and solar savings for this home
BEAUTY SALON IS GREAT INCOME EXCELLENT HIGH TRAFFIC AREA UPSTAIRS LEASE ENDS JULY DOWN LEASE ENDS AUGUST -- Excellent Condition
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
28 ft.
Lot depth
100 ft.
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Schenectady County
APN
421500 --
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 11, 2023.
C-2
Mixed-Use Commercial District
The Mixed-Use Commercial C-2 District is intended to represent the variety of mixed-use corridors located throughout the Citys neighborhoods. These corridors are a mix of residences and smaller-scale retail and service uses serving the adjacent neighborhood as well as Citywide clientele. The district is also intended to provide locations for small-scale assembly, processing and light manufacturing uses, which are generally compatible in scale and nature with other permitted uses and which may provide employment opportunities for community residents. This district encourages a continued mix of residential and commercial uses at a smaller scale in keeping with the surrounding neighborhood that is oriented to all modes of transportation.
Permitted uses
Include but are not limited to:
Bank
Day care facility
Laundromat
General retail
Restaurant
Tavern / bar / nightclub / micro-Brewery
Housing-Group
Housing-Senior
Hotel / motel
Office
Historical weather
Schenectady, NY • 12307
Average low and high temperatures (°F)
29
17
32
18
50
30
60
40
68
50
80
60
85
65
82
59
77
54
64
44
48
34
34
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
8.7 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 844 Albany St
$50,786
$786 over list price of $50K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $118K to $300K.