Search
Four-Unit Building with Separate Utilities
For Sale
$450,000

1022 Union Street, Schenectady, NY 12308

Income-producing multi-unit property with updated hot water systems and first-floor heating and cooling.

Property Size5,168 SF
Price / SF$87.07
Days on Market340

Property Features for 1022 Union Street

General Information

Standard status Active
Size 5,168 SF
Total Parking Spaces 6
Property subtype Multi Family / Quadruplex

Additional Details

Gross Income $57,000
Utilities to Site Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $8,838

Amenities

Electric, Natural Gas, Yes
Unfinished
True
Wood Siding

Building Details

Year Built 1900
Listing Agency: Real Broker NY LLC
Listed By: Hamayun J Faizy · License #10401280496
Source: Compass
Added: Sep 25, 2025 Changed: Aug 29 Last Checked: Aug 29 at 9:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker NY LLC

Investment Insights

Based on property information with market context.

This 5,168-square-foot four-unit property was built in 1900 and features wood siding, separate utility services, and an unfinished area. The building includes new hot water tanks and a new furnace with AC serving the first floor. A historic grant is available for exterior painting, subject to applicable requirements.

Key Highlights

  • Four‑unit property totaling 5,168 square feet
  • Separate utilities for each unit
  • New hot water tanks

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Electrical Service Skin Care Clinic Acupuncture Catering Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,133
Businesses Nearby

Demographics for 12308, NY

15,285
Population
6,442
Households
2.4
Avg Household Size
31
Median Age
29%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
6,646
Density / Sq Mi
$59,789
Median Household Income
$35,966
Median Earnings
$1,159
Median Rent
$180,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Income-producing multi-unit property with updated hot water systems and first-floor heating and cooling.
Where is this quadplex located?
The property is located at 1022 Union Street Schenectady, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit property totaling 5,168 square feet; Separate utilities for each unit; New hot water tanks
More about this property
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