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    1022 Union St Schenectady, NY 12308

    Pending
    For Sale
    $425,000

    MULTI_FAMILY - Other - Schenectady, NY

    Property size:
    5,168 SF
    Lot size:
    0.28 Acres
    Days on Market:
    81
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 1022 Union St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bedroom 8, Bedroom 5, Bedroom 7, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 6, Bedroom 9, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2
    Bedrooms
    9
    Bathrooms
    5
    APN
    421500 39.82-3-10
    Basement
    Unfinished
    Size
    5,168 SF
    Lot size
    0.28 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    4
    Building materials
    Wood Siding
    Architectural style
    Other

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent Daniel N Starks (518) 573-3199 License #10301219628

    Listing date Sep 16, 2025

    Copyright © 2025 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Schenectady Multifamily Investment Opportunity

    This multifamily property in Schenectady, New York, features four units. The property generates a monthly income of $4,750, with potential for increased revenue. Each unit has separate utilities. Recent upgrades include new hot water tanks and a new furnace with air conditioning for the first floor unit. A historic grant is available to paint the exterior of the home. The lot size is 0.28 acres, and the property size is 5,168 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.926251
    Latitude
    42.812426

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property in Schenectady, generating $4,750 monthly income.
    Where is this quadplex located?
    The property is located at 1022 Union St Schenectady, NY.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - High Income Potential: Generates $4,750/month with potential for increased revenue.; - Separate Utilities: Each unit has separate utilities, simplifying management and tenant billing.; - New Hot Water Tanks: Recently installed hot water tanks.
    (518) 573-3199
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    1022 Union St Schenectady, NY 12308
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1022 Union St Schenectady, NY 12308
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