REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Listed by Dawn Meifert • Howard Hanna Capital Inc

$ 439,500

Est. payment -/mo

Save Virtual Tour

Active

1424 Wendell Avenue Schenectady, NY 12308

7 Beds

5 Baths

3,476 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,476 sqft

Price per Sqft $126

Subdivision General Electric Realty Plot

MLS Listing ID 202628650

Bedrooms 7

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1922

Annual Tax Amount $15,220

Lot Size 0.530 Acres

Acres 0.53

Property Sub-Type Single Family Residence

Source Global MLS

Property Description

Step into history and write your next chapter at The D.C. Prince House (1922). Tucked within Schenectady's legendary GE Realty Plot, this architectural masterpiece offers an extraordinary opportunity to restore and steward a true piece of American legacy. Designed by Prix de Rome winner Thomas Ellet, this grand English cottage was inspired by the timeless elegance of an 18th-century English country estate—built as a private sanctuary for one of General Electric's most prolific inventors. Every detail tells a story, down to the hand-carved front entry lintel by world-renowned sculptor Paul Manship, famous for creating the iconic Prometheus statue at Rockefeller Center. Anchoring a commanding corner lot on Wendell Avenue, the home's stunning profile is perfectly balanced by copper-capped chimneys and a charming wren-house motif above the attached, heated two-car garage. Featuring sprawling living spaces, fascinating historical features (including the original basement school room!), and undeniable character, this "Grand Dame" is ready for a visionary buyer to honor her rich heritage while infusing fresh modern luxury. Bring your dreams and create a show stopping historic landmark for the modern era! AI generated images do not convey usability or safety or fireplaces. Over sized living and dining rooms with beamed ceilings. Amazing opportunity to get into the GE Realty Plot for 100K below current market. Proof of funding needed for private showings. TAX CREDITS!!! Through the New York State Historic Homeownership Rehabilitation Tax Credit, eligible homeowners can receive a tax credit equal to 20% of qualified rehabilitation expenditures, up to a maximum credit of $50,000 (which corresponds to $250,000 in total eligible expenses). Core Program Requirements To qualify for the 20% credit, your project and home must meet five key criteria: Owner Occupancy: You must own and reside in the property as your primary residence. Historic Designation: The house must be listed individually on the State/National Registers of Historic Places OR be located within a listed State/National Historic District and certified as a contributing structure. Qualifying Census Tract: The home must be located in a qualifying census tract (defined as being at or below 100% of the state median family income). Minimum Expenditure Threshold: You must spend at least $5,000 on qualified rehabilitation work.Exterior Requirement: At least 5% of your total project costs must be spent on exterior rehabilitation work (e.g., masonry, roof repair, historic window restoration). Crucial Rule: All proposed rehabilitation work must be reviewed and pre-approved by the New York State Office of Parks, Recreation and Historic Preservation (SHPO) before physical construction begins. Work performed prior to SHPO approval is generally ineligible for the credit. Expenditures Category Included Work (Eligible for 20%) Exterior Roof - repair/replacement, masonry repointing, historic window restoration/repair, siding, porch repair, gutters. Interior - Plaster/wall repairs, floor refinishing, internal stair restoration, woodwork, trim around doors/windows. Systems Electrical - rewiring, plumbing replacement, high-efficiency boilers/furnaces, central air conditioning. Credit Tax Treatment & RolloverTax Liability Offset: The credit is applied directly against your New York State personal income tax liability via Form IT-237. Carry forward: If your credit exceeds your state tax liability for the tax year, the unused credit can be carried forward indefinitely to future tax years. Refundability: If your New York State Adjusted Gross Income (AGI) is $60,000 or less, any unused portion of the credit is fully refundable as a cash payout. Transferability on Sale: If you complete a certified rehabilitation and sell the property, you can elect to transfer the entire credit to the first homebuyer (who must also use it as their primary residence).

Location

State NY

County Schenectady

Community General Electric Realty Plot

Zoning Single Residence

Direction Nott Street to Wendell Avenue

Interior

Interior Features Built-in Features, Ceramic Tile Bath, Eat-in Kitchen, Kitchen Island

Heating Hot Water, Natural Gas, Radiant

Flooring Ceramic Tile, Hardwood

Fireplaces Number 3

Fireplaces Type Bedroom, Gas, Living Room, Wood Burning

Fireplace Yes

Window Features Wood Frames

Exterior

Exterior Feature Drive-Paved, Garden, Lighting

Parking Features Detached, Garage Door Opener

Garage Spaces 5.0

Utilities Available Cable Available

Roof Type Shingle,Asphalt

Porch Other, Patio

Garage Yes

Building

Lot Description Level, Private, Corner Lot, Landscaped

Sewer Public Sewer

Water Public

Architectural Style Colonial

New Construction No

Schools

School District Schenectady

Others

Tax ID 421500 39.60-2-22

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/b46f798f-70ed-4307-b42d-76e52b665978/?utm_source=captureapp

Justin Koreman

NYS Licensed Real Estate Salesperson

+1(518) 265-5406 | closewithkoreman@gmail.com

GET MORE INFORMATION

Name

Phone*

Email*

Message

By checking this box, I agree to the Electronic Disclosure Consent Agreement be contacted by Empire Real Estate Firm via
call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary.

TERMS AND CONDITIONS [Terms of Service]

1. We use SMS to confirm appointments, send reminders, and notify clients of schedule updates or important changes. 2. You can cancel the SMS service at any time. Just text "STOP". After you send the SMS message "STOP" to us, we will send you an SMS message to confirm that you have been unsubscribed.
After this, you will no longer receive SMS messages from us. If you want to join again, just sign up as you did the first time, and we
will start sending SMS messages to you again. 3. If you are experiencing issues with the messaging program, you can reply with the keyword “HELP” for more assistance, or you can get help directly at admin@empirerealestatefirm.com. 4. Carriers are not liable for delayed or undelivered messages. 5. As always, message and data rates may apply for any messages sent to you from us and to us from you. Message frequency may vary. If you have any questions about your text plan or data plan, it is best to contact your wireless provider. 6. If you have any questions regarding privacy, please read our privacy policy:
Privacy Policy