Welcome to 1414 State Street - A Turnkey Caribbean Restaurant with Income Potential!
This well-established Caribbean restaurant has been successfully operating for over 8 years and is located in a high-traffic, prime location. The property features a spacious dine-in area with a full bar, a large commercial kitchen, and an oversized prep room — all equipped with included appliances and furnishings. The restaurant is climate-controlled with central air.
Upstairs, you'll find two income-generating apartments currently rented on a month-to-month basis to long-term tenants. There's strong potential to increase rental income.
Additional highlights include a generous on-site parking lot, making this a rare and valuable opportunity for investors or owner-operators alike.
Active
$749,000
1414 N State Street, Schenectady, NY 12304
2beds
3,999sqft
Triplex, Multi Family
Built in 1995
-- sqft lot
$748,600 Zestimate®
$187/sqft
$-- HOA
What's special
Generous on-site parking lotIncluded appliances and furnishingsFull barClimate-controlled with central airOversized prep roomSpacious dine-in areaLarge commercial kitchen
- 12 days |
- 145 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Prime Properties 518-370-2100,
Ebaan Bookay 518-764-8546
Source: Global MLS,MLS#: 202619977
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Electric, Forced Air
Cooling
- Central Air
Features
- Basement: Full
Interior area
- Total structure area: 3,999
- Total interior livable area: 3,999 sqft
- Finished area above ground: 3,999
- Finished area below ground: 1,280
Property
Parking
- Total spaces: 20
- Parking features: Paved
Features
- Exterior features: None
- Fencing: Fenced
Lot
- Size: 0.38 Acres
Details
- Parcel number: 421500 49.6813.1
- Zoning description: Mixed
- Special conditions: Other
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Roof: Flat
Condition
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Schenectady
Financial & listing details
- Price per square foot: $187/sqft
- Tax assessed value: $198,708
- Annual tax amount: $3,868
- Date on market: 6/18/2026
- Tenant pays: Hot Water, Heat, Electricity, Gas
Estimated market value
$748,600
$711,000 - $786,000
$2,194/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $749,000$187/sqft |
Source: | ||
| 6/9/2026 | Listing removed | $749,000$187/sqft |
Source: | ||
| 2/11/2026 | Price change | $749,000-5.8%$187/sqft |
Source: | ||
| 12/16/2025 | Listed for sale | $795,000-3.6%$199/sqft |
Source: | ||
| 10/8/2025 | Listing removed | $825,000$206/sqft |
Source: | ||
| 8/20/2025 | Price change | $825,000-5.7%$206/sqft |
Source: | ||
| 5/13/2025 | Listed for sale | $874,900+322.7%$219/sqft |
Source: | ||
| 12/14/2016 | Sold | $207,000+40%$52/sqft |
Source: Public Record Report a problem | ||
| 9/20/2007 | Sold | $147,900$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $120,000 |
| 2024 | -- | $120,000 |
| 2023 | -- | $120,000 |
| 2022 | -- | $120,000 |
| 2021 | -- | $120,000 |
| 2020 | -- | $120,000 |
| 2019 | -- | $120,000 |
| 2018 | -- | $120,000 |
| 2017 | $3,869 | $120,000 +27.9% |
| 2016 | -- | $93,800 |
| 2015 | -- | $93,800 -54.6% |
| 2014 | -- | $206,700 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Washington Square
Nearby schools
GreatSchools rating
- 4/10Webster Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 3/10Grant Middle SchoolGrades: 6-8Distance: 0.8 mi
- 1/10Henninger High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- High: Schenectady
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Onondaga County
- Syracuse
- 12304
- Washington Square
- 1414 N State Street





