Active

Price cut: $46K (2/11)

$749,000

1414 State Street, Schenectady, NY 12304

3beds

3,999sqft

Triplex, Multi Family

Built in 1995

-- sqft lot

$727,400 Zestimate^®

$187/sqft

$-- HOA

What's special

Generous on-site parking lotIncluded appliances and furnishingsFull barClimate-controlled with central airOversized prep roomSpacious dine-in areaLarge commercial kitchen

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.

120 days

308

8

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2

Heating

Electric, Forced Air

Cooling

Central Air

Features

Basement: Full

Interior area

Total structure area: 3,999
Total interior livable area: 3,999 sqft
Finished area above ground: 3,999
Finished area below ground: 1,280

Video & virtual tour

Property

Parking

Total spaces: 20
Parking features: Paved

Features

Exterior features: None
Fencing: Fenced

Lot

Size: 0.38 Acres

Details

Parcel number: 421500 49.6813.1
Zoning description: Mixed
Special conditions: Other

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Triplex, Multi Family
Attached to another structure: Yes

Materials

Brick
Roof: Flat

Condition

Year built: 1995

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Schenectady

Financial & listing details

Price per square foot: $187/sqft
Tax assessed value: $175,310
Annual tax amount: $3,868
Date on market: 12/16/2025
Tenant pays: Hot Water, Heat, Electricity, Gas

Estimated market value

$727,400

$691,000 - $764,000

$1,811/mo

Price history

Date	Event	Price
2/11/2026	Price change	$749,000-5.8%$187/sqft
Source: Global MLS #202530731 Report a problem
12/16/2025	Listed for sale	$795,000-3.6%$199/sqft
Source: Global MLS #202530731 Report a problem
10/8/2025	Listing removed	$825,000$206/sqft
Source: Global MLS #202517151 Report a problem
8/20/2025	Price change	$825,000-5.7%$206/sqft
Source: Global MLS #202517151 Report a problem
5/13/2025	Listed for sale	$874,900+322.7%$219/sqft
Source: Global MLS #202517151 Report a problem
12/14/2016	Sold	$207,000+40%$52/sqft
Source: Public Record Report a problem
9/20/2007	Sold	$147,900$37/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$120,000
2023	--	$120,000
2022	--	$120,000
2021	--	$120,000
2020	--	$120,000
2019	--	$120,000
2018	--	$120,000
2017	$3,869	$120,000 +27.9%
2016	--	$93,800
2015	--	$93,800 -54.6%
2014	--	$206,700

Find assessor info on the county website

Monthly payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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