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240 State St
Schenectady, NY 12305 Seward Place

$1,664 - $2,797 USD/MO

Apartments For Lease  •  1,664+ SF

Property Details

  • Property Type Apartments
  • Year Built 2019
  • Total Building Size 127,530 SF
  • Building Class B
  • Zoning R
80 Transit Score
50 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste Retail 2,098 SF $16.00 USD/SF/YR 
Owner is offering 2 months rent free. Already built out restaurant space now available to lease! This property is on a highly visible corner of State St. and Erie Blvd with 105 apartments above retail space. This retail space is ideally situated in the heart of downtown Schenectady, just a short walk from Union College, Theater Row, and the historic Proctors Theatre. With a high volume of foot traffic and ample exposure, it offers an exceptional opportunity for retail and restaurant and service related business. With an average of 10,500+ AADT on State St. There is a new aquarium and grocery store being developed within walking distance. Strong mix of professional tenants.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste Retail 1,664 SF $12.00 USD/SF/YR 
Owner is offering 2 months rent free. Already built out restaurant space now available to lease! This property is on a highly visible corner of State St. and Erie Blvd with 105 apartments above retail space. This retail space is ideally situated in the heart of downtown Schenectady, just a short walk from Union College, Theater Row, and the historic Proctors Theatre. With a high volume of foot traffic and ample exposure, it offers an exceptional opportunity for retail and restaurant and service related business. With an average of 10,500+ AADT on State St. There is a new aquarium and grocery store being developed within walking distance. Strong mix of professional tenants.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description 

Electric City Apartments is a modern Class B mixed-use development built in 2019, featuring 104 residential units situated above vibrant ground-floor retail. This property occupies a highly visible corner at State Street and Erie Boulevard, placing retail tenants in the heart of downtown Schenectady’s dynamic business and entertainment district. The location provides unmatched convenience, just steps from Union College, Theater Row, and the historic Proctors Theatre, ensuring steady pedestrian activity and strong day-to-night traffic. With a diverse tenant mix and high visibility along a corridor with over 10,500 daily vehicles, this property offers exceptional exposure for retail, restaurant, and service-oriented businesses.

Highlights

Contemporary mixed-use development built in 2019.
104 residential units positioned above retail space.
Prime corner location at State Street and Erie Boulevard.
Walkable access to Union College and Proctors Theatre.
Surrounded by a vibrant mix of retail and dining amenities.
Strong visibility with over 10,500 vehicles passing daily.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Cable Ready
  • Controlled Access
  • Courtyard
  • Fitness Center
  • Picnic Area
  • Security System
  • Storage Space
  • Heating
  • Grill
  • Pet Play Area
  • Wi-Fi
  • Kitchen
  • Granite Countertops
  • Carpet
  • Roof Terrace
  • Elevator
  • Lounge
  • Online Services
  • Sundeck
  • Wheelchair Accessible (Rooms)
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
1 min 2 min 0.1 mi
AirportDriveWalkDistance
Albany International 22 min - 10.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Christopher Schmid 518-506-4348 Coldwell Banker Commercial
Christopher Schmid 518-506-4348 Coldwell Banker Commercial