Most listings are in the $10's per square foot per year. The Downtown Schenectady region is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% rise in rent.
In the last 90 days, 2 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,340 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1950 and are Class B.
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 region. Commute by car is the most popular way to get to work amongst Downtown Schenectady residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.