$97,500
SOLD MAY 5, 2025

1311 Lower Broadway Schenectady, NY 12306

7 Beds
3.5 Baths
3,304 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

30% Above List Price

163 Days on Market

About This Home

As of May 2025

Total Rehab. Fire damage on second FL. 2-story mixed-use property in a light-industrial zoning district. Ground floor retail/office/storage + 1 bedroom apartment and 2nd floor SRO (single room occupancy) 5-bedroom one bathroom rooming house + 1 bedroom apartment. Rent rolls and income/expenses available. Zoning allows for trade shops, yard storage, retail, office, personal or professional service, and more. Offered as part of a package with the neighboring property at 1317 Lower Broadway. Proof of funds (POF) required to schedule a showing.

Last Agent to Sell the Property

Anton Pasquill

NAI Platform LLC License #10401318851 Listed on: 10/17/2024

NAI Platform LLC

Co-Listed By

Reena Loaknauth

NAI Platform LLC License #10401381831

Last Buyer's Agent

Erin Miller

Romeo Team Realty License #10301218186

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,431

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Rubber Roof
  • Block Exterior

Interior Spaces

  • 3,304 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 5 Parking Spaces
  • Open Parking

Schools

  • Schenectady High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 1.000 / 2
  • Assessor Parcel Number 421500 49.37-2-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,431

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Zoning: Industrial
  • Year Built: 1930
  • Directions: North side of Lower Broadway, off of Broadway.
  • Above Grade Finished Sq Ft: 3304.0
  • Lot Size Acres: 0.09
  • Parking Features Parking Total: 5.0
  • Sale Detail Buyer Zip Code: 11346
  • Sale Detail Seller Contribution: No
  • Co List Office Mls Id: o1720A
  • Co List Office Phone: 518-465-1400
  • Structure Type: Duplex
  • Architectural Style:Duplex: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Living Area: 3304.0
  • Bathroom Levels Full Bathroom 1: 2nd
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 1st
  • Bathroom Levels Half Bathroom 1: 2nd
  • Basement:Partial: Yes
  • Attic Features:None16: Yes

Exterior Features

  • Exterior Features: Other
  • Roof: Rubber
  • Construction Type: Block, Brick
  • Waterfront: No
  • Exterior Features:Other58: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Block: Yes

Garage/Parking

  • Open Parking: Yes
  • Total Parking Spaces: 5.0
  • Property Detail:Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Other
  • Heating: Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Parcel #: 421500 49.37-2-1
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4431.18
  • Tax Block: 2
  • Tax Lot: 1.000
  • Tax Tract: 49.37

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Schenectady

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
May 5, 2025
Sold by
Shear Real Estate Llc
Bought by
Balgobin Latchmin
Seller's Agent
Anton Pasquill
NAI Platform LLC
Buyer's Agent
Erin Miller
Romeo Team Realty
List Price
$75,000
Sold Price
$97,500
Premium/Discount to List
$22,500
30%
Views
370
Current Estimated Value
$332,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,523

Purchase Details

Closed on
Mar 1, 2023
Sold by
Shear Real Estate Llc
Bought by
1311-1315 Lower Broadway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 5, 2022
Sold by
Shear Real Estate Llc
Bought by
Boticelli Chantelle and Boticelli Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 13, 2014
Sold by
Shear Kenneth
Bought by
Shear Real Estate Llc

Purchase Details

Closed on
Dec 20, 2010
Sold by
Lake Donald
Bought by
Shear Kenneth

Purchase Details

Closed on
Jan 3, 2005
Sold by
Martomoli Vincent
Bought by
Lake Donald
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $97,500 Smpr Title
Deed $275,000 --
Deed $275,000 None Listed On Document
Warranty Deed $320,000 A&G Title
Warranty Deed -- None Available
Warranty Deed $85,000 None Available
Deed $35,000 Peter Mc Hugh
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $255,000 Seller Take Back
Previous Owner $255,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Sold $97,500 +2.6% $30 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
01/24/2025 01/24/25 Price Changed $95,000 +26.7% $29 / Sq Ft
10/17/2024 10/17/24 For Sale $75,000 0.0% $23 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $75,000 -- $23 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,391 $109,300 $11,700 $97,600
2023 $4,391 $109,300 $11,700 $97,600
2022 $4,489 $109,300 $11,700 $97,600
2021 $4,477 $109,300 $11,700 $97,600
2020 $4,424 $109,300 $11,700 $97,600
2019 $2,160 $109,300 $11,700 $97,600
2018 $4,478 $109,300 $11,700 $97,600
2017 $4,748 $109,300 $11,700 $97,600
2016 $4,656 $109,300 $11,700 $97,600
2015 -- $109,300 $11,700 $97,600
2014 -- $109,300 $11,700 $97,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202426185

Global MLS

APN: 049-037-0002-001-000-0000