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1414 State Street, Schenectady, NY, 12304

3beds
4baths
3,999sqft
$749,000
$187price/sqft
$6,085/moest. monthly cost
$243,400/yrincome needed

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.

Getting Around

73
WalkingVery Walkable
40
TransitSome Transit
52
BikeBikeable

Schools

3/10
Lincoln SchoolGrades PK-50.1 mi
3/10
Schenectady High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1995

Materials

  • Roof: Flat
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Triplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 1,280
  • Finished area above ground: 3,999

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,999
  • Total interior livable area: 3,999 sqft

Property

Details

  • Parcel number: 421500 49.6813.1
  • Attached to another structure: Yes
  • Zoning description: Mixed
  • Special condition: Other

Features

  • Exterior features: None
  • Fencing: Fenced

Lot

  • Lot size: 0.38 Acres

Parking

  • Total spaces: 20
  • Parking features: Paved