501 State St, Schenectady, NY 12305 Property Records

Schenectady County and Schenectady City property record for 501 State St, Schenectady, NY 12305

Property Summary

Property Type	Apartments (5+ Units)
Details	50,000 sqft · built 2023
Lot Size	0.069 acres (3,013 sqft)
Owner	Company Name on Record
Last Sale	$583,000 (Aug 2019)
Tax Bill	$375 (2026)
Deeds & Mortgages	Aug 2019 Construction Loan Sep 2019 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`421500 39.72-4-14`

Property Details

APN / Parcel Number

Primary APN	`421500 39.72-4-14`
Alternative APNs	`150003907200040140000000` `421500 39.72-4-14.1`

Interior

Units	74 Units
Stories	5 Stories
Building Area	50,000 sqft Gross Area
Fire Sprinklers	Fire Sprinklers
Elevator	Elevator

Exterior

Year Built	Built 2023
Effective Year Built	Effective 2023
Lot Area	3,013 sqft (0.069 acres)
Lot Dimensions	182 ft deep x 103 ft wide

Utilities, Heating & Cooling

Cooling System	Partial
Heating Fuel	Oil
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	501 STATE ST
City	SCHENECTADY
State	NY
Zip	12305-2422
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	05 - COMME
Legal Description	1 BRK & STEEL BANK
Legal Block	4
Legal Lot Number	14.001
Jurisdiction	SCHENECTADY NY
Township / Civil Division	SCHENECTADY
Census Block Group	1
Census Block	1016
Census Tract	21001

Owner

Source: Schenectady County and Schenectady City records, as of September 23, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	701 RIVER ST, 4, TROY, NY 12180-1256
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Aug 27, 2019	Deed of Trust, Mortgage · Construction Mortgage BALLSTON SPA NATIONAL BANK
Sep 27, 2019	Grant Deed, Transfer · Conventional Mortgage SEFCU

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 22, 2019 · Amount on Record
Deed Sale	Aug 22, 2019 · Amount on Record
Deed Document Number	201937796
Deed Book / Page	2018 / 306
Record Updated	Oct 29, 2026

August 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SCHENECTADY NY
Property Address	501 STATE ST, SCHENECTADY, NY 12305-2422
Transaction Type	Mortgage
Record Updated	May 10, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000038411
Date	Aug 27, 2019
Book Page	4934/094
Instrument	201938411

Lender

Name	BALLSTON SPA NATIONAL BANK
Type	Bank
Address	BALLSTON SPA, NY 12020

Agreement

Type	Construction Mortgage
Amount	Amount Recorded

September 2019: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	SCHENECTADY NY
Recording Date	Sep 27, 2019
Property Address	501 STATE ST, SCHENECTADY, NY 12305-2422
Document Number	0000043756
Book / Page	002021 / 000014
Instrument Date	Jul 25, 2019
Instrument	43756
Transaction Type	Transfer
Record Updated	Oct 15, 2019
Title Company	NOT AVAILABLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$128.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	30 CARLE TER #8 LAKE KATRINE NY 124495451, 8, LAKE KATRINE, NY 12449-5451

Mortgage

Document Number	43759
Date	Sep 27, 2019
Book Page	004942/000288
Instrument	43759

Lender

Name	SEFCU
Type	Credit Union
Address	ALBANY, NY 12206

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Sep 26, 2049

Tax Assessment & Valuation

Source: Schenectady County and Schenectady City assessment roll, as of April 14, 2026

Property Jurisdictions

Type	Name
State	New York
County	Schenectady County
Municipality	Schenectady City
Unified School District	Schenectady City School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$375.00 (-74.88%)
2025		$932,400 (-85.2%) Land $67,100 Building $865,300	$1,543,964 (-80.64%) Land $111,111 Building $1,432,853
2024	$1,493.00 (-8.63%)
2023		$6,300,000 (+9,288.97%) Land $67,100 Building $6,232,900	$7,974,684 (+9,645.55%) Land $84,937 Building $7,889,747
2022		$67,100 Land $67,100	$81,829 Land $81,829
2021	$1,634.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective January 7, 2014

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	SCHENECTADY CITY WATER WORKS serves 62,000 people · EPA ID NY4600070
Water Source	Groundwater
Lead	3 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 486 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fiber · Fixed Wireless in parts of the area	980 / 880
T-Mobile Fixed Wireless	100 / 20

May also be available: Massivemesh Networks.

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