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Otto Cadillac buys Central Avenue auto dealership in Schenectady, New York

Financial distress causes auto dealership to change hands
The property at 2056 Central Ave., Schenectady, New York, is one of more than two dozen car dealerships in the area. (CoStar)
The property at 2056 Central Ave., Schenectady, New York, is one of more than two dozen car dealerships in the area. (CoStar)
By Jack Torbeck
CoStar Research
April 10, 2026 | 5:54 P.M.

Otto Cadillac, in an owner-user acquisition, bought a 9,247-square-foot general retail building situated on 1.59 acres along one of Schenectady, New York’s primary commercial corridors. The property was sold by Lisha Kill Realty, an entity controlled by a private individual in mid-March, as a way to pay off debt.

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News | Otto Cadillac buys Central Avenue auto dealership in Schenectady, New York