# 1011 Union Street, Schenectady, NY 12308

> **TL;DR:** 19bd/16ba residential multi family, $1,695,000 ($157/sqft), built 1984, 10,809 sqft.
> Hardwood, A/C. Est. $7,345/mo. Listed 67 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,695,000 |
| Price/sqft | $157 |
| Bedrooms | 19 |
| Bathrooms | 16 full |
| Square Feet | 10,809 |
| Year Built | 1984 |
| Lot Size | 8,276 sqft (0.19 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 67 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $7,345 |
| **Total** | **$7,345** |

## Nearby Schools

- **Elementary:** Howe International Magnet
- **High:** Schenectady

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1984
- 0.19 acre lot
- 18 parking spaces

## Description

### Agent Description
Prime 16-Unit Brick Investment Near Union College. Solid all-brick 16-unit multifamily generating $17,480/month in gross rents with a gross annual scheduled rent roll of $209,760. The property features a full sprinkler system on all four levels in all common areas, plus a new rubber roof installed in 2022, providing major capital-expense peace of mind. Ideally located within walking distance to Union College, downtown Schenectady, and public transportation, with a bus stop directly across the street, this asset sits squarely in the path of the city's ongoing revitalization. Most apartments feature hardwood floors, tiled bathrooms and the building is currently in good overall condition. At the asking price, the projected returns place the cap rate in the high-10% range, making this a compelling income play for both seasoned and first-time multifamily investors. Year built is approximate (CRS reflects 1984; believed inaccurate). Expense figures are estimated. Additional financial details available upon request. Invest in Schenectady's resurgence; this is a cash-flowing opportunity you don't want to miss.

## Location

- **Address:** 1011 Union Street, Schenectady, NY 12308
- **County:** Schenectady
- **Coordinates:** 42.812937, -73.92583
- **Google Maps:** https://www.google.com/maps?q=42.812937,-73.92583

## Listing Agent

- **Name:** Richard Carr
- **Brokerage:** Carr Real Estate Group, LLC
- **Phone:** 5184882434
- **Email:** richc1976@gmail.com

## Primary Photo

![1011 Union Street - Primary Photo](http://lh.rdcpix.com/92cc7884db62ba2d231d73c002258e52l-f370134488r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/1011-union-street-schenectady-ny-12308-02611444)*

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**MLS#:** 202611444 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1011-union-street-schenectady-ny-12308-02611444)

---

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