525 Union Street, Schenectady, NY 12305 (MLS# 202514004)

Original List Price: 1850000

List Price/SqFt: 171.93

Status: Closed

Property Sub Type: Multi Family

Sold Price: $1,700,000

Current Price: $1,700,000

Listing Contract Date: 2025-03-25

City/Town (Mail): Schenectady

Street Number: 525

Street Name: Union

Street Suffix: Street

County: Schenectady

State/Province: NY

Postal Code: 12305

Geo Lat: 42.816295

Geo Lon: -73.937724

Number Of Units Total: 12

Rooms Total: 44

Bathrooms Half: 2

Garage Spaces: 0

Above Grade Finished Area: 10760

Above Grade Finished Area Source: Public Records

Parking Y/N: Yes

Below Grade Finished Area: 0

Below Grade Finished Area Source: Public Records

Living Area: 10760

Lot Size Dimensions: 1/4

Lot Size Acres: 0.25

Main Road Frontage: 87

Waterfront Y/N: No

Enhanced Accessible Y/N: No

Survey Y/N: Yes

Bedrooms Total: 10

Bathrooms Full: 12

Year Built: 2016

Sold Price/SqFt: 157.99

Status Change Date: 2026-01-08

Under Contract Date: 2025-07-18

Sold Date: 2026-01-06

Sold Price: $1,700,000

Parcel Number: 421500 39.65-1-25.1

Tax Annual Amount: 10450

Tax Section: 39.65

Total Taxes Description: With Exemptions

Tax Block: 1

Tax Lot: 24

School District: Schenectady

High School: Schenectady

Association Y/N: No

Directions: If you're coming from I-890 East, take Exit 4C for Washington Ave/Downtown Schenectady, merge onto Washington Ave, then turn right onto State St. After one block, turn left onto N Broadway, go two blocks, and turn right onto Union St. 525 Union St will be on your left.

Public Remarks: Walk score 100! Newer building with a great rental history and 100% rented now! Walk to bars, movies, Union College, River's Casino and more! Parking included, this is a must see. Investors take notice today! PILOT still available.

Public Sewer: 1

Apartment 4 Plus Unit: 1

Special Assessment Description: PILOT

Central Air: 1

Slab: 1

Full Bath 1: 1st

Full Bath 2: 1st

Full Bath 3: 1st

Full Bath 4: 1st

Full Bath 5: 1st

Full Bath 6: 1st

Full Bath 7: 1st

Full Bath 8: 1st

Full Bath 9: 1st

Full Bath 10: 1st

Half Bath 1: 1st

Half Bath 2: 1st

Corner Lot: 1

Views: 1

Brick: 1

Fiber Cement: 1

Photo Owner: Seller/Landlord

At Closing: 1

None: 1

Carpet: 1

Ceramic Tile: 1

Granite: 1

Hardwood: 1

24 Hour Notice: 1

Agent to Accompany: 1

Call Listing Agent: 1

Occupied: 1

Showing Service: 1

No Disclosures: 1

Rubber: 1

Public: 1

Slab: 1

Forced Air: 1

Natural Gas: 1

Electric Expense: 1500

Electric Expense Description: Actual

Insurance Expense: 4400

Insurance Expense Description: Estimated

Water Sewer Expense Desc.: Estimated

Parking Total: 15

Off Street: 1

Electric: 1

Cable TV: 1

Electricity: 1

Gas: 1

Unit Location MF Unit 1: 2nd

Total Rooms MF Unit 1: 4

Total Bedrooms MF Unit 1: 1

Total Full Baths MF Unit 1: 1

Unit Location MF Unit 2: 2nd

Total Rooms MF Unit 2: 4

Total Bedrooms MF Unit 2: 1

Total Full Baths MF Unit 2: 1

Unit Location MF Unit 3: 2nd

Total Rooms MF Unit 3: 4

Total Bedrooms MF Unit 3: 1

Total Full Baths MF Unit 3: 1

Unit Location MF Unit 4: 2nd

Total Rooms MF Unit 4: 4

Total Bedrooms MF Unit 4: 1

Total Full Baths MF Unit 4: 1

Unit Location MF Unit 5: 3rd

Total Rooms MF Unit 5: 4

Total Bedrooms MF Unit 5: 1

Total Full Baths MF Unit 5: 1

Unit Location MF Unit 6: 3rd

Total Rooms MF Unit 6: 4

Total Bedrooms MF Unit 6: 1

Total Full Baths MF Unit 6: 1

Unit Location MF Unit 7: 3rd

Total Rooms MF Unit 7: 4

Total Bedrooms MF Unit 7: 1

Total Full Baths MF Unit 7: 1

Unit Location MF Unit 8: 3rd

Total Rooms MF Unit 8: 4

Total Bedrooms MF Unit 8: 1

Total Full Baths MF Unit 8: 1