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    617 Union St Schenectady, NY 12305

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    For Sale
    $575,000

    Recently renovated restaurant with seating for 89 plus patio.

    Property size:
    1,937 SF
    Lot size:
    0.17 Acres

    Property Features for 617 Union St

    General Information

    Standard status
    Active
    Size
    1,937 SF
    Lot size
    0.17 Acres

    Building Details

    Year built
    1920

    Source: ADVANTAGE REALTY LLC Agent JESSE J LENA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant Space For Sale

    This recently renovated brick restaurant space is available for lease or sale. The turnkey property has seating for 89, with an additional 30 seats on the patio. The space features soaring ceilings, wrought iron railings, and large glass windows. A chef's kitchen and a large brick patio are ideal for outside dining. The property is located in a desirable historical area on a restaurant row, close to Union College and Ellis Hospital. The building was recently gutted 6 years ago and includes new electrical, HVAC, and plumbing systems, as well as Ansul and alarm systems. Some line and cooking fixtures are included. There is bar seating for 15, hardwood floors, and concrete counters. The property also features a full basement and parking for 15 vehicles. The property size is 1937 square feet.
    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
    -73.936329
    Latitude
    42.8161156

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    FAQs

    What type of property is this?
    Restaurant - Recently renovated restaurant with seating for 89 plus patio.
    Where is this restaurant located?
    The property is located at 617 Union St Schenectady, NY.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Turnkey restaurant space with seating for 89 plus 30 on the patio.; - Prime location in a desirable restaurant row near Union College and Ellis Hospital.; - Recently renovated (6 years ago) with all new electrical, HVAC, plumbing, Ansul, and alarm systems.
    (518) 393-2500
    Request Owner's contact information
    617 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
    617 Union St Schenectady, NY 12305
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