1338 Un St Schenectady, NY 12308-3008

Property Details for 1338 Un St

Year built

1984

Lot size

0.46 lot acres

Property size

5,043 SF

Zone code

03 - MULTI-FAMILY

Property type

Investment properties

Property subtype

Live-work space

APN

421500 49.28-1-6

APU

421500492816

Description

This exceptional 5,043-square-foot executive office building, situated on a prominent corner lot in Schenectady, New York, presents a unique investment opportunity. Built in 1996 and meticulously maintained, this three-story building boasts magnificent historic architecture, reflecting its location on the historic "Doctor's Row." Currently occupied by a professional law firm, the property features eight private offices, a reception area, two conference rooms, and a kitchenette. The building also includes a full basement and offers the potential for expansion, with the possibility of adding additional office or residential space on the third floor. The 0.46-acre lot provides ample space, including an eight-vehicle on-site surface parking lot. Located steps from Union College and Central Park, this property benefits from high visibility and convenient access. The building is constructed of masonry with an asphalt shingle roof (installed in 1996). Zoned R-2 (two-family residential district), it offers flexibility for future use. The property enjoys municipal water and sewer services and features approximately 100 feet of frontage along Union Street. The asking price is $379,000, significantly below replacement cost, and the annual real estate tax is $11,536.14 ($2.29 per square foot). This is a rare opportunity to acquire a well-maintained, historically significant property in a desirable location.

Location Insight

City

Schenectady

County

Schenectady

State

New York

Longitude

-73.9183

Latitude

42.8094

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments