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1A-15H Brickyard Road, Mechanicville, NY, 12118

32beds
32baths
8,928sqft
$3,550,000
$398price/sqft
$23,965/moest. monthly cost
$958,600/yrincome needed

About This Home

Gennaro Commons is an approved subdivision featuring 40 approved high-end townhouse-style units with 24 additional units planned that will need final approvals making this a total of 64 units. . Located off Cold springs Road and Brickyard Road in Mechanicville, this development offers an exceptional residential experience slightly north of the city proper, bordering the charming area of Stillwater. This location seamlessly blends tranquility with convenience, as it is nearby major local industrial hubs, retailers, businesses, and manufacturers. Residents will enjoy the benefits of living in a serene environment while having easy access to urban amenities. There are a total 40 townhouse-style units of which 16 units are completed, and 24 units are approved and ready for permit issuance. Each townhouse is thoughtfully designed to offer modern comforts and style: Private garage for each unit, Hardwood floors throughout, Washer and dryer in each unit, balconies and front porches for relaxation The financial projections for Gennaro Commons are promising. The potential annual income from all 40 units is estimated at $700,000. With expenses projected to be below $300,000, the development offers a lucrative opportunity for investors and stakeholders. This community not only promises a high standard of living for its residents but also presents a sound investment in the thriving Mechanicville-Stillwater region.

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2018

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 32
  • Bathrooms: 32
  • Full bathrooms: 16
  • 1/2 bathrooms: 16

Features

  • Flooring: Hardwood
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 8,928

Heating & Cooling

  • Heating features: Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 8,928
  • Total interior livable area: 8,928 sqft

Property

Details

  • Parcel number: 415289 262.11.111
  • Zoning description: Multi Residence
  • Special condition: Other

Features

  • Patio & porch: Deck,Front Porch

Lot

  • Lot size: 8.44 Acres

Parking

  • Total spaces: 32
  • Parking features: Off Street,Paved,Attached,Driveway,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 16
  • Covered spaces: 16
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind

FEMA Declared Disasters in Saratoga County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $17,950$215,400
Home Insurance *$783$9,396
Property Taxes $3,757$45,084
Electricity $1,475$17,705
Total$23,965$287,580
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$821,657/yr
40% on housing$718,950/yr
45% on housing$639,066/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -6.7%
-6.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.4%
-2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$398This listing

vs Other Active Listings

Avg $/sqft

ZIP 12118$242
Saratoga County$302

vs Homes Sold Last Month

Median $/sqft

ZIP 12118$281
Saratoga County$264

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-16Listed for sale$3,550,000

For Sale by Agent

AgentAmy Farchione-Sgromo
BrokerageJulie & Co Realty LLC

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