1414 State St Schenectady, NY 12304
Central State NeighborhoodEstimated payment $5,199/month
Total Views
8,641
3
Beds
4
Baths
3,999
Sq Ft
$219
Price per Sq Ft
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
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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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2025 05/13/25 | For Sale | $874,900 | -- | $219 / Sq Ft |
Source: Global MLS
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: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Schenectady, NY
Source: Global MLS
MLS Number: 202517151
APN: 049-068-0001-003-001-0000
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