1414 State St Schenectady, NY 12304
Central State NeighborhoodEstimated payment $4,783/month
Highlights
- 0.38 Acre Lot
- Bathroom on Main Level
- Electric Baseboard Heater
- No HOA
- Forced Air Heating and Cooling System
- Fenced
About This Home
Welcome to 1414 State Street - A Turnkey Caribbean Restaurant with Income Potential!
This well-established Caribbean restaurant has been successfully operating for over 8 years and is located in a high-traffic, prime location. The property features a spacious dine-in area with a full bar, a large commercial kitchen, and an oversized prep room — all equipped with included appliances and furnishings. The restaurant is climate-controlled with central air.
Upstairs, you'll find two income-generating apartments currently rented on a month-to-month basis to long-term tenants. There's strong potential to increase rental income.
Additional highlights include a generous on-site parking lot, making this a rare and valuable opportunity for investors or owner-operators alike.
Listing Agent
Coldwell Banker Prime Properties License #10401364878 Listed on: 05/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,912
Year Built
- Built in 1995
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 80x209.2
- Fenced
Home Design
- Duplex
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
Parking
- 20 Parking Spaces
- Paved Parking
- Open Parking
Schools
- Schenectady High School
Utilities
- Forced Air Heating and Cooling System
- Electric Baseboard Heater
- 200+ Amp Service
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 421500 49.68-1-3.1
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,821 | $120,000 | $33,800 | $86,200 |
| 2023 | $4,821 | $120,000 | $33,800 | $86,200 |
| 2022 | $4,928 | $120,000 | $33,800 | $86,200 |
| 2021 | $4,915 | $120,000 | $33,800 | $86,200 |
| 2020 | $4,857 | $120,000 | $33,800 | $86,200 |
| 2019 | $2,371 | $120,000 | $33,800 | $86,200 |
| 2018 | $4,917 | $120,000 | $33,800 | $86,200 |
| 2017 | $3,869 | $120,000 | $33,800 | $86,200 |
| 2016 | $3,790 | $93,800 | $33,800 | $60,000 |
| 2015 | -- | $93,800 | $33,800 | $60,000 |
| 2014 | -- | $206,700 | $33,800 | $172,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Price Changed | $825,000 | -5.7% | $206 / Sq Ft |
| 05/13/2025 05/13/25 | For Sale | $874,900 | -- | $219 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $207,000 | None Available | |
| Deed | $147,900 | Sven R Paul | |
| Deed | -- | Frank M Jr Putorti |
Source: Global MLS
MLS Number: 202517151
APN: 049-068-0001-003-001-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Local REALTOR® - Todd Siegel, Broker - (888)-952-6393
- 364 Michigan Ave Unit 2nd Floor
- 1005 Strong St
- 1553 Chrisler Ave Unit 2
- 10 Queens Dr
- 1809 Eastern Pkwy Unit B
- 1504 Union St Unit 2R
- 1570 Union St
- 925 Delamont Ave
- 6 Elliott Ave
- 810 Lincoln Ave Unit Hana
- 2150 Eastern Pkwy
- 1114 Union St Unit 2
- 955 Park Ave Unit 2R
- 1139 Crane St
- 1024 University Place
- 1084 Wendell Ave Unit 1
- 1182 Glenwood Blvd Unit 1F
- 40 Union Ave Unit 3
- 101 Nott Terrace Unit 103
- 622 Lansing St