Within Bellevue is the General Electric (GE) Main Plant, built in 1886 and which was once home to the company headquarters from its formation in the late-19th century until moving to Connecticut in the mid-1970s.

[2] Bellevue, along with neighboring Mont Pleasant, was annexed by the city of Schenectady in 1903 from the town of Rotterdam.

[2] Bellevue occupies 826 acres (334 ha) in the western section of the city, and is the second largest neighborhood by acreage.

[1] Of Bellevue's approximately 826 acres (334 ha) industrial properties account for 39.2% of all land use thanks to the presence of the General Electric plant along Bellevue's northern border; excluding the plant industrial use accounts for only 1% of the neighborhood's area.

This means that existing single-family housing can legally be converted to two-family at any time.