Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1508 Union St Schenectady, NY 12309

    Pending
    For Sale
    $415,000

    MULTI_FAMILY - Schenectady, NY

    Property size:
    2,886 SF
    Lot size:
    0.15 Acres
    Days on Market:
    83
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 1508 Union St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 2
    Bedrooms
    6
    Bathrooms
    4
    APN
    421500 50.21-3-13
    Parking
    4
    Parking features
    Driveway, Garage
    Patio and Porch features
    Porch
    Basement
    Full, Unfinished
    Size
    2,886 SF
    Lot size
    0.15 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1950
    Number of units
    4
    Flooring type
    Hardwood, Tile, Wood, Tile - Ceramic, Vinyl, Laminate
    Roof type
    Slate

    Principles Realty Group (518) 330-3160 [email protected]

    Listing agent Jerid Meagan (518) 330-3160 License #10491209223

    Listing date Sep 24, 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 well-maintained multifamily property is located on Upper Union Street in Schenectady, New York. The property consists of four units: two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Each unit is separately metered for gas and electric. A shared laundry is located in the basement. Off-street parking is available, along with a 2-car garage. The property is situated on a 0.15-acre lot. The building has a total area of 2,886 square feet. Tenants are responsible for all utilities except water, sewer, and trash. Two units will be delivered vacant, offering immediate upside potential due to below-market rents and rent-ready apartments. The property is located near Union College, GE, and Ellis Hospital. This presents a strong opportunity for an investor or owner-occupant looking to add value in a desirable area.
    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
    -73.912628
    Latitude
    42.807558

    Nearby Similar for Sale

    • $167,500
      Pending

      Schenectady Two-Family Home with Garage

      Two-family home in Schenectady, featuring a finished basement and detached garage.
      2119 Broadway, Schenectady, NY 12306
      View Details
    • $279,900
      Pending

      Renovated Two-Family Home, Schenectady

      Fully renovated two-family home with modern updates and classic charm.
      147 Linden St, Schenectady, NY 12304
      View Details
    • $375,000
      Pending

      Well-Maintained Rotterdam Two-Family Home

      Two-family home near shopping, amenities, with pool and garage.
      32 Wedgewood Ave, Rotterdam, NY 12303
      View Details
    • $320,000
      2,940 SF

      Schenectady Two-Family Home Investment

      Two-family home near downtown Schenectady with rental and owner-occupier potential.
      947 Park Ave, Schenectady, NY 12308
      View Details
    • $899,900
      5,837 SF

      Mixed-Use Commercial Property For Sale

      High-traffic location with diversified income potential in Schenectady, NY.
      671 Mariaville Rd, Schenectady, NY 12306
      View Details
    • $369,900
      3,270 SF

      Schenectady Multi-Family Investment Opportunity

      Three-unit property with income potential near transportation and amenities.
      57 N Brandywine Ave, Schenectady, NY 12307
      View Details

    FAQs

    What type of property is this?
    Quadplex - Well-maintained 4-unit property with upside potential near Union College.
    Where is this quadplex located?
    The property is located at 1508 Union St Schenectady, NY.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: - Immediate upside potential with below-market rents and two vacant, rent-ready units.; - Priced below recent comparable sales.; - Strong location near Union College, GE, and Ellis Hospital.
    (518) 330-3160
    Request Owner's contact information
    1508 Union St Schenectady, NY 12309
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1508 Union St
    Schenectady, NY 12309
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1508 Union St Schenectady, NY 12309
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.