1011 Union Street, Schenectady, NY 12308

Local realty services provided by:HUNT Real Estate ERA
1011 Union Street,Schenectady, NY 12308
$1,695,000
  • 19 Beds
  • 16 Baths
  • 10,809 sq. ft.
  • Multi-family
  • Active
Listed by: richard carr
Office: carr real estate group, llc.
MLS#:202611444
Source:Global MLS

Price summary

  • Price:$1,695,000
  • Price per sq. ft.:$156.81

About this home

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

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Home facts

  • Year built:1984
  • Listing ID #:202611444
  • Added:8 day(s) ago
  • Updated:February 10, 2026 at 03:24 PM

Rooms and interior

  • Bedrooms:19
  • Total bathrooms:16
  • Full bathrooms:16
  • Living area:10,809 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard, Electric, Forced Air, Natural Gas, Zoned

Structure and exterior

  • Roof:Rubber
  • Year built:1984
  • Building area:10,809 sq. ft.
  • Lot area:0.19 Acres

Schools

  • High school:Schenectady
  • Elementary school:Howe International Magnet

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,695,000
  • Price per sq. ft.:$156.81
  • Tax amount:$17,514
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