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    1625 Union St Schenectady, NY 12309

    Sponsored
    For Lease
    Contact for pricing

    Prime Union Street location, 2 suites available.

    Lot size:
    15,355 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located at 1625 Union Street in Schenectady, New York. The property boasts a total of 15,355 square feet, spread across two suites within a building constructed in 2000. Currently, 2,000 square feet of retail space is available for lease, offering a maximum contiguous space of 2,000 square feet. The property sits on an 8,035 square foot lot and is zoned for commercial use (05-Commercial), with the APN listed as 421500 50.31-2-20 in Schenectady County. This location offers excellent visibility and accessibility, situated on Upper Union Street near popular establishments such as Tanpopo Ramen and Gershon's Deli, ensuring high foot traffic and a vibrant commercial environment. A key advantage is the convenient parking available for patrons and employees. Furthermore, its proximity to Union College, less than five minutes away, provides a substantial potential customer base. This property is ideal for a variety of retail or office uses, presenting a unique chance to establish a thriving business in a desirable and well-established commercial area. The property is currently multi-tenant.

    Property Features for 1625 Union St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,355 SF

    Building Details

    Year Built
    2000

    Unit(s) available at that property

    Space
    2,000sf space
    Size
    2,000 SF
    Space
    2,000sf space
    Size
    2,000 SF

    HighLights

    • Excellent Upper Union Street location, near popular restaurants.
    • Convenient parking.
    • Less than five minutes from Union College.
    • 15,355 total square feet, two suites available.
    • 2,000 square feet of vacant space, maximum contiguous space 2,000 square feet.
    • 8,035 square foot lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nutricion bebida Coffee Shop Tanpopo Ramen and Sake Japanese Restaurant

    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
    -73.9039539
    Latitude
    42.804894

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    FAQs

    What type of property is this?
    Restaurant - Prime Union Street location, 2 suites available.
    Where is this restaurant located?
    The property is located at 1625 Union St Schenectady, NY.
    What are key features of this property?
    This property features: Excellent Upper Union Street location, near popular restaurants.; Convenient parking.; Less than five minutes from Union College.
    Request Owner's contact information
    1625 Union St Schenectady, NY 12309
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    Schenectady, NY 12309
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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
    1625 Union St Schenectady, NY 12309
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