Updated Four-Unit Apartment
For Sale
$364,000
1595 Union Street, Schenectady, NY 12309
Four separate electric and water meters support distinct utility billing for the residential units.
Property SizeContact for details
Lot Size0.12 Acres
Days on Market80
Property Features for 1595 Union Street
General Information
Standard status
Active
Total Parking Spaces
2
Lot size
0.12 Acres
Property subtype
Multi Family Home
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Individually Metered Utilities
electricity, water
Additional Details
Cap Rate
13.9%
Amenities
laundry
Building Details
Year Built
1984
Buildings
1
Stories
2
Units
4
Listing Agency:
Miranda Real Estate Group Inc
Listed By:
Moonrani Gumani · License #10401352209
(518) 356-1701
Source:
Crystinandcorealty
Added: Aug 14
Changed: Oct 30
Last Checked: Oct 29 at 8:27PM
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 Miranda Real Estate Group Inc
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Investment Insights
Based on property information with market context.
This four-unit apartment property is arranged across two floors, with two one-bedroom, one-bathroom residences on each level. Every unit has a kitchen, living area with dining space, refrigerator, and range. Recent work includes new flooring, fresh paint, refreshed kitchens, and updated bathrooms. The building also has forced-air heat and an unfinished basement with laundry. Built in 1984, it sits on a level 0.12-acre parcel with a fenced rear yard and storage shed.
Parking includes a driveway, a two-car garage, and additional spaces behind the building, for an estimated total of 6 to 8 spaces. Four electric meters and four water meters serve the separate units. The property is on Union Street in Schenectady, near Upper Union Street shops and restaurants, with access to I-890, Route 7, and the Thruway.
Parking includes a driveway, a two-car garage, and additional spaces behind the building, for an estimated total of 6 to 8 spaces. Four electric meters and four water meters serve the separate units. The property is on Union Street in Schenectady, near Upper Union Street shops and restaurants, with access to I-890, Route 7, and the Thruway.
Key Highlights
- Four one‑bedroom, one‑bathroom units; two on each floor
- Estimated 13.9% cap rate
- Estimated 6 to 8 total parking spaces, including a two‑car garage
Property Analytics
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Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
932
Businesses Nearby
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Business Placement
Demographics for 12309, NY
31,273
Population
13,623
Households
2.3
Avg Household Size
43
Median Age
59%
College-Educated
97%
High-School Grad
17.6 sq mi
ZIP Area
1,777
Density / Sq Mi
$119,830
Median Household Income
$68,167
Median Earnings
$1,472
Median Rent
$301,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four separate electric and water meters support distinct utility billing for the residential units.
Where is this quadplex located?
The property is located at 1595 Union Street Schenectady, NY.
What is the asking price?
The asking price for this property is $364,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom units; two on each floor; Estimated 13.9% cap rate; Estimated 6 to 8 total parking spaces, including a two‑car garage
