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426 Franklin Street

426 Franklin Street, Schenectady, NY 12305
Commercial in Seward Place
426 Franklin Street in Schenectady, NY was first built in 1985 and is 39 years old. This has been categorized as a office property type. There are a total of 2 floors. 426 Franklin Street has 23,034 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 7,678 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 1,548 ft and the linear feet between the front and back of the lot is 1,090. In total, the area measurement of the land is 12,178 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 426 Franklin Street was last sold in Feb 27, 2020 for $565,000. According to our calculations, that's $36.79 per sqft. Current property owners are expected to pay $1,848 in taxes per year. The property on 426 Franklin Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,320,100. To break that down further, the land itself was valued at $33,000. While improvements to the property were assessed at a total of $1,287,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Metered Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20170418
04/18/2017
Studio
-
15356 ft²
$695,000
bedrooms
Studio
bathrooms
-
square feet
15356 ft²
-
-
-
Karen Zalewski-Wildzuna
Berkshire Hathaway Blake

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Business/Commerical Units Count: 8
  • Basement Type: Partial basement
  • Basement Area: 7,678
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,178
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 1,548
  • Total Building Area: 15,356
  • Gross Building Area: 15,356
  • Building Area: 15,356
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 23,034
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Office
  • Land Acres: 0.28
  • Standard Land Use Code: Office bldg (general)
  • Legal Description 1: 2 BRICK OFFICE BLDG 0005140522 334,000

Ownership

  • Current Owner : 430 FRANKLIN LLC
  • Previous Owner : COHN FAMILY INVESTMENT PARTNERS LP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 021001

Zoning

  • Zoning: 05 - COMME

Geography

  • District: 421500
  • Section: 39.72
  • Parcel: 421500 39.72-4-45
  • Block: 4
  • Lot: 45.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8135
  • Longitude: -73.9402

    Address

  • Full Address: 426 Franklin St
  • Address - House Number: 426
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C005
  • 4-Digit Zip Code: 2041
  • Zip Code: 12305

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,848
  • Tax Rate Code Area: 421500

    Market Valuation

  • Market Total Value: $1,671,013
  • Market Land Value: $41,772
  • Market Improvement Value: $1,629,241

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,320,100
  • Assessed Land Value: $33,000
  • Assessed Improvements Value: $1,287,100

    Sales

  • Current Sale Contract Date: Feb 27, 2020
  • Current Sale Recording Date: Mar 11, 2020
  • Current Sale Transaction ID: 11775422589
  • Current Sale Price: $565,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202010058

About Seward Place



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Frequently Asked Questions

What neighborhood is 426 Franklin Street located in?
The 426 Franklin Street is a commercial located in the neighborhood of Seward Place in Seward Place, Schenectady.
What is the average sales price for listings in 426 Franklin Street?
The average sales price for units in 426 Franklin Street is $0 currently.

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