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    703 Union St Schenectady, NY 12305

    New
    For Sale
    $405,000

    MULTI_FAMILY - Schenectady, NY

    Property size:
    2,578 SF
    Lot size:
    0.09 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 9 at 12:06 pm

    Property Features for 703 Union St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Bedroom 3, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 1
    Bedrooms
    3
    Bathrooms
    2
    APN
    421500 39.65-3-23
    Parking
    6
    Basement
    Full
    Accessibility
    Accessible Approach with Ramp
    Size
    2,578 SF
    Lot size
    0.09 Acres

    Utilities

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

    Building Details

    Year built
    1900
    Number of units
    2
    Flooring type
    Laminate, Hardwood
    Building materials
    Vinyl Siding

    Gucciardo Real Estate Group, LLC (518) 331-3785 [email protected]

    Listing agent Pavel Karakalchu (518) 728-6305 License #10401307281

    Listing date Dec 8, 2025

    MLS# 202530564 Listing URL

    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

    Turn-Key Mixed-Use Property

    Located at 703 Union Street in Schenectady, NY, this mixed-use property features a successful restaurant on the first floor and a fully updated apartment above. The ground level houses Termeh Persian Restaurant, a local restaurant with over 60 five-star reviews and a strong repeat customer base. The restaurant is fully equipped with all kitchen appliances, a hood system, and ventilation up to code, presenting a turn-key opportunity for a new owner. The second-floor apartment includes three bedrooms, one full bath, and a large family room with views of Union Street. It is suitable for an owner-occupant or as an additional rental unit for extra income. The sale includes both the building and the business. Additional features include off-street parking, handicap-accessible entry, and street visibility. Situated minutes from Union College, the property benefits from steady development and growth in this section of Union Street. The property size is 2578 square feet and the lot size is 0.09 acres. The intended use of the property is for both residential and commercial income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    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
    -73.935496
    Latitude
    42.816068

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    FAQs

    What type of property is this?
    Turn key restaurant - Mixed-use property with restaurant and apartment in Schenectady, NY.
    Where is this turn key restaurant located?
    The property is located at 703 Union St Schenectady, NY.
    What is the asking price?
    The asking price for this property is $405,000.
    What are key features of this property?
    This property features: - Turn-key mixed-use property with established restaurant and updated apartment.; - Successful restaurant (Termeh Persian Restaurant) with 60+ five-star reviews and repeat customers.; - Fully equipped restaurant with all appliances, hood system, and code-compliant ventilation.
    (518) 728-6305
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    703 Union St Schenectady, NY 12305
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    Schenectady, NY 12305
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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
    703 Union St Schenectady, NY 12305
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