508 State St Schenectady, NY 12305
Downtown Schenectady NeighborhoodAbout This Home
The Foster Building, built in 1907, was originally a fashionable hotel that catered to high profile guests that visited the City as General Electric flourished. Just two doors down, the Schenectady Railway Building was the bustling hub of an elevated trolley system that operated from 1913 through the 1930's. These and two connecting buildings make up the four buildings of the Foster Complex.
After years of neglect and many layers of ill fated urban renewal, the buildings had fallen into disrepair, and we almost completely vacant other than a family of pigeons.
After a $4 million investment from Sequence Development, and partners at Metroplex, Capital Bank, National Grid and the National Park Service and State Historic Preservation Office's Historic Tax Credit Program, the buildings have been completely re-imagined into 21 apartments, 2 restaurants, a make-up studio, spa and 6000 sq ft of dramatic office space. The Facade of the Railway Building was completely removed, replaced with a modern interpretation of the original glass arched three story window the building once proudly wore. The Hotel Foster Building got a careful and intricate restoration of its delicate terra cotta facade, festooned with flowers and fruits.
Each apartment at The Foster has been carefully thought out and designed with an artistic aesthetic marrying the buildings' unique historic details with modern finishes and fixtures. Choose from one, two and three bedrooms, with views of bustling State Street, the mountains, and iconic GE sign. Each apartment has hardwood flooring or restored terrazzo floors, stainless steel appliances, washers and dryers, ample closet space, subway and penny tile, soaking tubs and video intercom system.
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $475,000 | Frank O'connor | ||
| $475,000 | None Available | ||
| $250,000 | None Available | ||
| $147,000 | -- | ||
| $200,000 | -- | ||
| $400,000 | -- |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Off Market | $1,175 | -- | -- |
| 02/05/2025 02/05/25 | Price Changed | $1,175 | +13.5% | $2 / Sq Ft |
| 08/20/2024 08/20/24 | Price Changed | $1,035 | -40.9% | $2 / Sq Ft |
| 08/16/2024 08/16/24 | Price Changed | $1,750 | +32.1% | $3 / Sq Ft |
| 08/15/2024 08/15/24 | Price Changed | $1,325 | -24.3% | $2 / Sq Ft |
| 07/24/2024 07/24/24 | Price Changed | $1,750 | +32.1% | $3 / Sq Ft |
| 06/03/2024 06/03/24 | Price Changed | $1,325 | -16.4% | $2 / Sq Ft |
| 05/14/2024 05/14/24 | Price Changed | $1,585 | +19.6% | $3 / Sq Ft |
| 04/02/2024 04/02/24 | Price Changed | $1,325 | -16.4% | $2 / Sq Ft |
| 03/09/2024 03/09/24 | Price Changed | $1,585 | +34.9% | $3 / Sq Ft |
| 03/01/2024 03/01/24 | For Rent | $1,175 | -- | -- |
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,028 | $4,062,000 | $57,900 | $4,004,100 |
| 2024 | $4,028 | $4,062,000 | $57,900 | $4,004,100 |
| 2023 | $47 | $4,062,000 | $57,900 | $4,004,100 |
| 2022 | $4,435 | $4,062,000 | $57,900 | $4,004,100 |
| 2021 | $0 | $4,062,000 | $57,900 | $4,004,100 |
| 2020 | $2,769 | $3,727,000 | $35,400 | $3,691,600 |
| 2019 | $2,769 | $3,727,000 | $35,400 | $3,691,600 |
| 2018 | $0 | $3,727,000 | $35,400 | $3,691,600 |
| 2017 | $0 | $1,500,000 | $35,400 | $1,464,600 |
| 2016 | $0 | $1,500,000 | $35,400 | $1,464,600 |
| 2015 | -- | $475,000 | $35,400 | $439,600 |
| 2014 | -- | $475,000 | $35,400 | $439,600 |
Map
- 153 Barrett St
- 312 Georgetta Dix Plaza
- 10 Daggett Terrace
- 320 Germania Ave
- 322 State St
- 114 Victory Ave
- 417 Summit Ave
- 440 Summit Ave
- 450 Summit Ave
- 460 Summit Ave
- 205 Victory Ave
- 480 Summit Ave
- 500 Summit Ave
- 714 Union St
- 1001-1015 Barrett St
- 740 Hamilton St
- 17 Landon Terrace
- 750 Hamilton St
- 703 Union St
- 9 N College St
- 204 Lafayette St Unit 3C
- 204 Lafayette St Unit 3B
- 204 Lafayette St Unit 2A
- 204 Lafayette St Unit 1A
- 204 Lafayette St Unit 2C
- 204 Lafayette St
- 514 State St
- 508 State St Unit 1A
- 508 State St Unit 3B
- 508 State St Unit 6P
- 508 State St Unit 3A
- 508 State St Unit 3C
- 508 State St Unit 4B
- 508 State St Unit 2C
- 508 State St
- 206 Lafayette St
- 519 State St
- 604 State St
- 500 State St
- 602 State St
Ask me questions while you tour the home.