1011 Union St, Schenectady, NY

Name: 1011 Union St, Pending in Schenectady - Zoocasa
Brand: Carr Real Estate Group, LLC
SKU: 202611444
Price: 1695000 USD

House

Pending

Listed price in listed location currency (USD).

$1,695,000

191618

MLS® 202611444

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 10809 sqft

Garage

Taxes $17,514

Lot Size

Approx. Age 1984

Avg. Price Per Sqft $156

MLS® Number 202611444

Property Address: 1011 Union St, Schenectady, NY, 12308-2803

Average square foot calculated using Size range provided by listing agent.

Description

Prime 16-Unit Brick Investment Near Union College. Solid all-brick 16-unit multifamily generating $17, 480/month in gross rents with a gross annual scheduled rent roll of $209, 760. The property features a full sprinkler system on all four levels in all common areas, plus a new rubber roof installed in 2022, providing major capital-expense peace of mind. Ideally located within walking distance to Union College, downtown Schenectady, and public transportation, with a bus stop directly across the street, this asset sits squarely in the path of the city's ongoing revitalization. Most apartments feature hardwood floors, tiled bathrooms and the building is currently in good overall condition. At the asking price, the projected returns place the cap rate in the high-10% range, making this a compelling income play for both seasoned and first-time multifamily investors. Year built is approximate (CRS reflects 1984; believed inaccurate). Expense figures are estimated. Additional financial details available upon request. Invest in Schenectady's resurgence; this is a cash-flowing opportunity you don't want to miss.

MLS® Number202611444

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1984

BasementExterior Entry, Full, Heated, Interior Entry, Unfinished, Walk-Out Access

DrivewayNone

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

-Sold Price

Pending

Feb 3, 2026List Date

$1,695,000List Price

Map

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