$249,802Average Value$211Average Price per Sq Ft1Home For Sale
A hip and historic downtown
Downtown Schenectady was founded in 1661 by Dutch settlers. Its Stockade District sits along the banks of the Mohawk River and is the oldest residential neighborhood in the nation. More than 40 pre-Revolutionary War homes still stand in the area. When one is strolling through the city’s streets, it is easy to harken back to its glory days as an old industrial town. Residents here can enjoy a busy lifestyle without the hemmed-in feelings of a larger city. “Schenectady has a thriving downtown area. It’s become very popular with those who want to experience urban living,” says Brian Brosen, an associate broker with EXP Realty, LLC with about 20 years of experience. “It’s very walkable, and there are many shops and restaurants. It has the best food scene in upstate New York.”
Downtown Schenectady is a bustling area with many things to keep you busy.
Schenectady is the 9th most populated city in NY state with 67,000.
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Row homes and condos prevail
A healthy residential and commercial life mix adds to the district's down-to-earth feel. "I sought out Downtown Schenectady to put my office there because I saw it on the rise," notes Bosen. New construction and historic buildings are a testament to the exciting changes. Most single-family homes are in the historic Stockade district, and there are several apartment buildings, says Brosen. There are only a few single-family homes in the area, says Brosen. However, among the attached homes, are new construction row homes and older Italianate townhouses. Newly built row homes sell for around $329,000. New condo units along the harbor average between $700,000 and $750,000.
A row of colonial and Federal homes in the just outside downtown Schenectady neighborhood.
Mohawk Harbor is a new waterfront development with some of the best condos and dining around.
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Cultural diversity and old schools
Schools close to Downtown Schenectady also embody the district's cultural diversity. Children may begin elementary school at Yates Elementary, which serves kindergarten through fifth grade and holds a C-minus rating from Niche. Oneida Middle School includes sixth through eighth grade and has a C rating. Schenectady High School has a B-minus rating. The high school has hosted the Reading is Fun Program’s annual Scrabble-Rama Competition Fundraiser for several years. Proceeds from the event go to purchase books for Schenectady City school children.
Union College was established in 1795. The four-year school offers private education that focuses on liberal arts and engineering degrees. Its sprawling and lush campus adds an airy openness to the area.
Yates Elementary School is a sunshine in the morning, and serving prek thru 5th grade.
Schenectady High School is a great place to start your day and finish up your primary school.
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From parks to playhouses to bowling
Downtown Schenectady offers residents plenty of quality green space. Front Street Park is a nearly 3-acre area with walking paths and sports facilities such as a playground, an outdoor swimming pool and a picnic area. The park also offers panoramic sunset views of the Mohawk River. Local legend says the park is haunted by the ghosts of fallen settlers during a raid by French Canadians and Native Americans. Union College’s men’s and women’s soccer teams play at College Park Field. When no college games are happening, locals often gather on the field for friendly matches.
For those who prefer indoor entertainment, the beautifully restored Proctors Theater brings in top-name shows. Built in 1926, the theater, with its opulent gilded decor and plush red velvet seating, is considered the premier entertainment venue for New York State’s Capital Region. For those who enjoy challenging Lady Luck, the Rivers Casino & Resort makes for a fun grownups-only night out. Those looking for family fun can head to Boulevard Bowl to try their luck with the pins.
Riverside Park has an active skatepark with kids learning the ropes from their peers.
Boulevard Bowl is a popular destination for leagues and family fun with 40 lanes.
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Marketplaces and restaurants
The Jay Street Marketplace is a pedestrian shopping mall downtown with more than 25 independent locally owned businesses that make for eclectic and fun shopping trips. Boutique shops like Lennon’s Irish Shop offer unique gifts and fashionable clothing. Located on Ferry Street, Arthur's Market is a cute and convenient café that also sells grocery essentials. There are more robust grocery options along State Street, with small- to medium-sized grocers, like State Street Supermarket. Walmart and Hannaford can be found 3 miles south, on Altamont Avenue. Downtown Schenectady offers dozens of dining options. Johnny’s is an Italian American eatery that makes the ideal spot for grabbing a bite before heading to the theater or gathering with friends for a celebration. Owner John Mallozzi says he opened the restaurant to bring food, family and fun together. Perreca's Bakery serves a diabolically delicious "eggs in purgatory" dish. The perfectly poached eggs in homemade tomato sauce are a must-try. First Prize Mike's is the kind of greasy spoon spot that quickly becomes your favorite. The Schenectady Farmers Market is open on Thursdays from May through October. Located at City Hall, area farmers and crafters sell local produce and other goods.
Jay St has many options to choose for eating and shopping.
From books, home items and home cooked meals to take home, Arthur's Market is a dream downtown.
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Summer evenings and winter fun
On the second Friday in July, Schenectady County Summernight is held downtown. Attendees can enjoy local music, food, good times and, at the end of the day, a fireworks show. St. George Greek Festival is held the weekend after Labor Day. The event features dancing, music, food and vendors. On the first Friday in December, Schenectady residents can participate in Chili Chowdown. Attendees can sample chili recipes at restaurants throughout the downtown area and then vote for the best recipe.
You can find a local boxing class training as well on Jay St. in Downtown Schenectady.
Proctor's Theatre is a historically registered location serving the area since 1926.
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Getting around the town
Catching a bus downtown is a breeze. The 810-bus line runs frequently along Eerie Boulevard. Other bus lines travel Seward Place and Union Street, and the Amtrak train stops in the neighborhood on Eerie Boulevard. Commuters can take Interstate 890 the 14 miles to Troy or the 18 miles to Albany and the Albany International Airport.
Downtown Schenectady has the main Amtrak station taking you to Albany, NYC and more.
Veterans Park is a great place to hop on a bus and get to where you need to go.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Stephen McCormick,
an experienced agent in this neighborhood.
Parks in this Area
Riverside Park
Steinmetz Park
Basketball
Picnic Area
Tennis
Collins Park
Baseball/Softball
Basketball
Boating
Jerry Burrell Park
Basketball
Tennis
Trails
Front Street Park
Veterans Park
Transit
Airport
Albany International
21 min drive
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Schenectady
US
Homicide
7
4
Sexual Assault
8
4
Assault with Weapon
7
4
Robbery
9
4
Burglary
9
4
Motor Vehicle Theft
9
4
Larceny
9
4
Crime Score
9
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Downtown Schenectady, Schenectady sell after 460 days on the market compared to the national average of 47 days. The average sale price for homes in Downtown Schenectady, Schenectady over the last 12 months is $336,175, up 125% from the average home sale price over the previous 12 months.
Exceptional turn key investment opportunity. Mixed use building, with 4 residential rentals and one commercial long standing tenant located on first floor. Located in lower Union Street corridor. Many walkable amenities in downtown area of Schenectady. Near Union College, Mohawk Harbor, Rivers Casino, Proctors Theater, walking distance to pedestrian friendly Jay Street marketplace. Separate
Walk score 100! Newer building with a great rental history and 100% rented now! Walk to bars, movies, Union College, River's Casino and more! Parking included, this is a must see. Investors take notice today! PILOT still available.
First Fl Unit is Vacant! Great owner occupant or investor potential. Centrally located in Downtown Schenectady Walk to Union College, Little Italy, Jay Street, Proctors Theatre, and even Rivers Casino! Each unit has 2 bedrooms and w/d hookups in each unit. Updates galore; new flooring, oversized bathroom on first floor, large bedrooms. Some new windows, new hot water tank for first floor unit.
First floor 1-bedroom, 1-bathroom apartment in Schenectady is perfectly situated within walking distance of Union College and Rivers Casino. Gas heating. Includes water and trash covered by the landlord. Featuring a functional layout with essential appliances like a gas oven and refrigerator, this apartment provides convenience at a great price. While there's no laundry in-unit, the location,
Interested in learning more about homes in this area?
Reach out to
Stephen McCormick,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
1,891
Median Age
28
Population Density
16 ppl/acre
Population under 18
22.4%
On par with the national average
23.8%
Population over 65
7.2%
Below the national average
19.1%
Finances
Median Household Income
$37,621
Significantly below the national average
$71,702
Average Household Income
$49,266
Education and Workforce
High School Graduates
85.3%
College Graduates
29.8%
Advanced Degrees
7.7%
Below the national average
13.3%
% Population in Labor Force
51.9%
Below the national average
65.1%
Weather
Annual Precipitation
41''
Average Winter Low Temperature
16°F
Average Summer High Temperature
84°F
Annual Snowfall
44''
Area Factors
Bikeable
Bike Score®
67/ 100
Very Walkable
Walk Score®
83/ 100
Some Transit
Transit Score®
48/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
