$1,590,000
19 Beds
16 Baths
10,809 sqft
1011 Union Street, Schenectady, NY 12308
Est. Mortgage $11,200/mo*
Get Pre-QualifiedHome Highlights
Property Type
Multi-Family
Year Built
1984
Price/Sqft
$147
Parking
None
Local Information
- Map ViewExplore the area around 1011 Union Street.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Prime 16-Unit Brick Investment Near Union College. Solid all-brick 16-unit multifamily generating $17,780/month in gross rents with a gross annual scheduled rent roll of $213,360. 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.
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.
Last check for updates: about 21 hours ago
Listing by: Carr Real Estate Group LLC, (518) 488-2434
Richard Carr, (518) 488-2434
Source: Global MLS, MLS#202611444
Also Listed on Global MLS.
Home Details for 1011 Union Street
|
|---|
MLS Status: Pending |
|
|---|
Interior Details Basement: Exterior Entry,Full,Heated,Interior Entry,Unfinished,Walk-Out Access |
Beds & Baths Number of Bedrooms: 19Number of Bathrooms: 16Number of Bathrooms (full): 16 |
Dimensions and Layout Living Area: 10809 Square Feet |
Appliances & Utilities Utilities: Cable Connected |
Heating & Cooling Heating: Baseboard,Electric,Forced Air,Zoned,Natural GasHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard |
Fireplace & Spa No Spa |
Gas & Electric Electric: Single Phase, 220 Volts, Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Vinyl, Tile, Ceramic Tile, Hardwood |
Levels, Entrance, & Accessibility Floors: Vinyl, Tile, Ceramic Tile, Hardwood |
Security Security: Fire Sprinkler System, Fire Escape, Security Lights, Smoke Detector(s), 24 Hour Security, Building Security, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Alarm |
|
|---|
Exterior Home Features Roof: RubberOther Structures: NoneExterior: NoneFoundation: Concrete Perimeter |
Parking & Garage No CarportNo GarageParking Spaces: 18Parking: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 10809 Square Feet |
|
|---|
Days on Market: 145 |
|
|---|
Year Built Year Built: 1984 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, ApartmentStructure Type: Low Rise, Apartment 4 Plus UnitArchitecture: Low Rise,Apartment 4 Plus Unit |
Building Construction Materials: BrickAttached To Another Structure |
Property Information Parcel Number: 421500 39.75123 |
|
|---|
Price List Price: $1,590,000Price Per Sqft: $147 |
Status Change & Dates Off Market Date: Tue Jun 02 2026Possession Timing: Close Of Escrow |
|
|---|
|
|---|
Direction & Address City: Schenectady |
School Information Elementary School: Howe International MagnetHigh School: SchenectadyHigh School District: Schenectady |
|
|---|
Listing Agent Listing ID: 202611444 |
|
|---|
Building Area Building Area: 10809 Square Feet |
|
|---|
No HOA |
|
|---|
Lot Area: 8276.4 sqft |
|
|---|
Special Conditions: Standard |
|
|---|
Listing Terms: Owner Concession |
|
|---|
Mobile Home Park Mobile Home Units: Feet |
|
|---|
Expense Tenant Pays: Hot Water, Internet, Cable TV, Electricity, Gas |
|
|---|
BasementMls Number: 202611444Above Grade Unfinished Area: 10809Showing Requirements: No Sign, Lockbox, Occupied, Security System, Showing Service, 24 Hour Notice |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Union Street
At least 73 Trulia users voted on each feature.
94 % Say there are sidewalks
92 % Say it's dog friendly
86 % Say yards are well-kept
84 % Say it's walkable to grocery stores
80 % Say parking is easy
75 % Say car is needed
74 % Say there's holiday spirit
71 % Say streets are well-lit
62 % Say neighbors are friendly
62 % Say kids play outside
60 % Say it's walkable to restaurants
59 % Say people would walk alone at night
53 % Say there's wildlife
45 % Say it's quiet
38 % Say they plan to stay for at least 5 years
36 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Schenectady
Last updated July 2026
Avg. sale price
$304K
$2.5KMoM
Sale-to-List Price
102.2%
1.5%MoM
Price per sq ft
$206
$2MoM
Available listings
328
21MoM
Home Value
Trulia Estimate
$1.48MSince last month
Decreased$6K (-0.4%)Since last year
Increased$172K (+13.1%)Since last sale
Increased$379K (+34.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +1,102% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.48M |
| August 2026 | $1.48M |
| July 2026 | $1.49M |
| June 2026 | $1.49M |
| May 2026 | $1.49M |
| April 2026 | $1.5M |
| March 2026 | $1.62M |
| February 2026 | $1.61M |
| January 2026 | $360K |
2025 | |
2024 | |
2023 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.65 | Multi-Family Home | $1,700,000 | 01/06/26 | 10 | 13 | 10,760 | |
0.18 | Multi-Family Home | $475,000 | 11/25/25 | 6 | 6 | 4,225 | |
0.05 | Multi-Family Home | $316,940 | 06/18/26 | 8 | 2 | 3,288 | |
0.12 | Multi-Family Home | $365,000 | 03/11/26 | 6 | 4 | 3,986 | |
0.72 | Multi-Family Home | $465,000 | 11/14/25 | 15 | 5 | 7,284 | |
0.23 | Multi-Family Home | $319,000 | 03/06/26 | 11 | 3 | 3,066 | |
0.09 | Multi-Family Home | $355,000 | 07/14/26 | 6 | 3 | 2,380 | |
0.09 | Multi-Family Home | $260,000 | 04/16/26 | 6 | 2 | 3,008 | |
0.13 | Multi-Family Home | $327,000 | 07/07/26 | 6 | 2 | 2,254 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $269,300 | 4 | 1 | 2,482 | Off Market | |
0.05 | $316,940 | 8 | 2 | 3,288 | Recently Sold | |
0.05 | $386,100 | 8 | 3 | 3,300 | Off Market | |
0.06 | $358,100 | 7 | 3 | 3,648 | Off Market | |
0.06 | $339,200 | 6 | 2 | 2,914 | Off Market | |
0.05 | $355,900 | 6 | 3 | 2,672 | Off Market | |
0.05 | $421,400 | 10 | 7 | 3,162 | Off Market | |
0.08 | $318,300 | 5 | 3 | 2,616 | Off Market | |
0.07 | $434,000 | 4 | 2 | 3,300 | Recently Sold | |
0.09 | $303,200 | 6 | 2 | 2,428 | Off Market | |
0.09 | $369,300 | 8 | 2 | 2,940 | Off Market | |
0.08 | $282,900 | 6 | 2 | 3,084 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 5, 2026 Source: Global MLS #202611444 | Pending | $1,590,000 |
Apr 17, 2026 Source: Global MLS #202611444 | PriceChange | $1,590,000 Price decreased by 6% |
Apr 10, 2026 Source: Global MLS #202611444 | PendingToActive | $1,695,000 |
Feb 25, 2026 Source: Global MLS #202611444 | Pending | $1,695,000 |
Feb 3, 2026 Source: Global MLS #202611444 | Listed For Sale | $1,695,000 |
Mar 6, 2024 Source: Global MLS #202411301 | ListingRemoved | |
Jan 30, 2024 Source: Global MLS #202411301 | Listed For Sale | $1,500,000 |
Jun 30, 2022 Source: Global MLS #202131945 | Sold | $1,100,000 |
Feb 15, 2022 Source: Global MLS #202131945 | Pending | $1,150,000 |
Nov 4, 2021 Source: Global MLS #202131945 | Listed For Sale | $1,150,000 |
Feb 28, 2019 Source: Agent Provided | ListingRemoved | $750 |
Feb 5, 2019 Source: Agent Provided | Listed For Rent | $750 |
Nov 18, 2018 Source: Agent Provided | ListingRemoved | $750 |
Nov 12, 2018 Source: Agent Provided | Listed For Rent | $750 |
Jan 11, 2018 Source: Agent Provided | ListingRemoved | $775 |
Jan 7, 2018 Source: Agent Provided | Listed For Rent | $775 |
Nov 7, 2017 Source: Agent Provided | ListingRemoved | $850 |
Oct 24, 2017 Source: Agent Provided | PriceChange | $850 Price increased by 13% |
Sep 19, 2017 Source: Agent Provided | Listed For Rent | $750 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Richard Carr, Carr Real Estate Group LLC, (518) 488-2434
Agent Phone: (518) 488-2434
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Judy Moriarty, Zillow, Inc., Corp. Broker
Judy Moriarty, Zillow, Inc., Corp. Broker
Similar Homes You May Like
Listing by: NAI Platform LLC, Active
See more homes for sale inSchenectady
New Listings near 1011 Union Street
0.47 ACRESListing by: Coldwell Banker Prime Properties, Active
2.43 ACRESListing by: Staged Nest Real Estate LLC, Active
2.1 ACRESListing by: Gateway Realty Solutions LLC, Active
NEW CONSTRUCTION2.36 ACRESListing by: J Paul Realty Group LLC, Active
3.1 ACRESListing by: Newcomb Realty Group LLC, Active
0.43 ACRESListing by: Realty One Group Key, Active- See more homes for sale inSchenectady
Frequently asked questions about 1011 Union Street
- What is the estimated monthly payment for 1011 Union Street?Based on a $1,590,000 list price with 20% down at today's rates, the estimated monthly payment for 1011 Union Street in Schenectady, NY is approximately $11,361 (about $8,318 principal & interest, $2,968 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1011 Union Street compare to homes in Schenectady?1011 Union Street in Schenectady, NY is listed at $1,590,000, about 423% above the $304K median sale price in Schenectady.
- What do residents say about the Union Street neighborhood?Residents describe the Union Street neighborhood in Schenectady, NY as pedestrian-friendly, dog-friendly, and well-kept. See homes for sale in Union Street, Schenectady.
- What are the closest schools to 1011 Union Street?The closest schools to 1011 Union Street in Schenectady, NY are Howe Elementary School (Pre-K, rated 5/10), Oneida Middle School (rated 2/10), Schenectady High School (rated 3/10).
- Does 1011 Union Street have air conditioning?Yes, 1011 Union Street in Schenectady, NY has air conditioning.
- Does 1011 Union Street have parking?Yes, 1011 Union Street in Schenectady, NY has on-site parking.
1011 Union Street, Schenectady, NY 12308 is a 19 bedroom, 16 bathroom, 10,809 sqft multi-family built in 1984. 1011 Union Street is located in Union Street, Schenectady. This property is currently available for sale and was listed by Global MLS on Feb 3, 2026. The MLS # for this home is MLS# 202611444.