Downtown Schenectady Retail

Downtown Schenectady

Office Space Market Report

Number of Listings (last 90 days)
2
Median Size (sqft)
12,440
As of: May 24, 2017

Downtown Schenectady Rates

On average, listings lease in the $0's per square foot per year. The Downtown Schenectady region is going through a decline in rates. In the last 3 months, the median rate decreased $18 per sqft per year. That's a 100% decrease in rent.

Downtown Schenectady Listing Supply

In the last 90 days, 2 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 12,440 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1950 and are Class B.

Downtown Schenectady Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Schenectady folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Schenectady.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Schenectady.
Research

Schenectady Submarkets