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4-Unit Apartment Building with Parking
For Sale
Contact for pricing
Pending

1342 UNION ST, Schenectady, NY 12308

Four-unit apartment building with off-street parking for six and potential to build a fifth unit in the lower level.

Property SizeContact for details
Days on Market132

Property Features for 1342 UNION ST

General Information

Standard status Pending
Total Parking Spaces 8
Property subtype Mixed Use

Additional Details

Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Prime Properties Slingerlands
Listed By: Leah A. Witko · License #NY
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 21 at 5:50PM

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 Coldwell Banker Prime Properties Slingerlands

Investment Insights

Based on property information with market context.

This property at 1342–1344 Union Street is currently outfitted as a four-unit apartment building. There is an opportunity to build out a fifth unit in the lower level, increasing the current residential configuration. The building also features recent mechanical updates, including three new furnaces and a new hot water heater.

Off-street parking is available for six vehicles, along with a two-car garage.

For sale as a residential income property in Schenectady, with additional financial information available through the listing agent.

Key Highlights

  • 1342–1344 Union Street: currently a 4‑unit apartment building with potential to build a 5th unit in the lower level
  • Off‑street parking for 6 spaces plus a 2‑car garage
  • Recent upgrades include 3 new furnaces and a new hot water heater

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Parking Lot & Garage Skin Care Clinic Acupuncture Storage Facility

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

928
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit apartment building with off-street parking for six and potential to build a fifth unit in the lower level.
Where is this quadplex located?
The property is located at 1342 UNION ST Schenectady, NY.
What are key features of this property?
This property features: 1342–1344 Union Street: currently a 4‑unit apartment building with potential to build a 5th unit in the lower level; Off‑street parking for 6 spaces plus a 2‑car garage; Recent upgrades include 3 new furnaces and a new hot water heater
(518) 649-7505 Call to check price and availability
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