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Historic Four-Unit Residential Building
For Sale
$525,000

7 Union Street, Schenectady, NY 12305

Historic four-unit property dating to 1850, offering distinct period character across individual units.

Property Size4,883 SF
Price / SF$107.52
Days on Market98

Property Features for 7 Union Street

General Information

Standard status Active
Size 4,883 SF
Property subtype Multi Family

Additional Details

Multifamily Units 4

Building Details

Building Size 4,883 SF
Year Built 1850
Listing Agency: Pyramidbrokerage
Listed By: Pyramid Brokerage Albany
Source: Pyramidbrokerage
Added: Jun 3 Changed: Sep 7 Last Checked: Sep 7 at 4:35AM

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 Pyramidbrokerage

Investment Insights

Based on property information with market context.

Located in Schenectady’s Historic Stockade District, this four-unit residential building dates back to 1850. The property features classic architectural details and period elements throughout, with each unit described as having its own unique character.

The building is positioned just steps from local shops and restaurants and near the Mohawk River. It is presented for sale as both an investment opportunity and an option for an owner-occupant, depending on buyer plans.

Overall, this is a compact, historic quadplex style asset with four separate units in a highly character-driven area.

Key Highlights

  • Historic four‑unit property built in 1850
  • Located in the Historic Stockade District of Schenectady
  • Four units each feature distinct period/character elements

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility Acupuncture HVAC Service

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

Location Intelligence

Trade Area within ½ mile

1,779
Businesses Nearby

Demographics for 12305, NY

6,085
Population
4,103
Households
1.5
Avg Household Size
37
Median Age
34%
College-Educated
88%
High-School Grad
1.5 sq mi
ZIP Area
4,057
Density / Sq Mi
$50,308
Median Household Income
$34,228
Median Earnings
$1,067
Median Rent
$162,500
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Historic four-unit property dating to 1850, offering distinct period character across individual units.
Where is this quadplex located?
The property is located at 7 Union Street Schenectady, NY.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Historic four‑unit property built in 1850; Located in the Historic Stockade District of Schenectady; Four units each feature distinct period/character elements
More about this property
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