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  • Price cut: $30K (5/4)
    $375,000

    703 Union Street, Schenectady, NY 12305

    3beds
    2,578sqft
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    Duplex, Multi Family
    Built in 1900
    -- sqft lot
    $368,000 Zestimate®
    $145/sqft
    $-- HOA

    What's special

    Handicap accessible entryFully updated apartment aboveOff street parkingExcellent street visibilityThree bedrooms
    Welcome to 703 Union Street, a mixed use property offering both a successful restaurant on the first floor and a fully updated apartment above. The ground level is home to Termeh Persian Restaurant, a well known local favorite with over 60 five star reviews and a strong repeat customer base. The restaurant is fully equipped, with all kitchen appliances, hood system, and ventilation up to code, making this a true turn key opportunity for a new owner. The second floor apartment offers three bedrooms, one full bath, and a large family room with views of Union Street. It is perfect for an owner occupant or as an additional rental unit for extra income. Both the building and the business are included in the sale, making this a great fit whether you are an investor or someone looking to operate their own restaurant in a proven location. Additional features include off street parking, handicap accessible entry, and excellent street visibility. This section of Union Street continues to see steady development and growth, and the property is located just minutes from Union College, adding to its long term value and demand. A rare chance to own a true turn key mixed use property with both residential and commercial income.
    93 days
    |
    321
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gucciardo Real Estate LLC 518-221-9079,

    Pavel Karakalchu 518-728-6305

    Source: Global MLS,MLS#: 202614157MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 1
      • 1/2 bathrooms: 2
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Features
      • Flooring: Hardwood, Laminate
      • Basement: Full
      Interior area
      • Total structure area: 2,578
      • Total interior livable area: 2,578 sqft
      • Finished area above ground: 2,578
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      Accessibility
      • Accessibility features: Accessible Approach with Ramp, Accessible Doors, Accessible Full Bath, Accessible Hallway(s), Customized Wheelchair Accessible
      Features
      • Exterior features: Other
      Lot
      • Size: 3,920 Square Feet
      Details
      • Parcel number: 421500 39.65323
      • Zoning description: Commercial
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Other, Vinyl Siding
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Schenectady

      Financial & listing details

      • Price per square foot: $145/sqft
      • Tax assessed value: $241,265
      • Annual tax amount: $5,467
      • Date on market: 3/31/2026

        Estimated market value

        $368,000

        $350,000 - $386,000

        $1,353/mo

        Price history

        DateEventPrice
        5/4/2026Price change$375,000-7.4%$145/sqft
        Source: Global MLS #202614157 Report a problem
        3/31/2026Listed for sale$405,000+195.6%$157/sqft
        Source: Global MLS #202614157 Report a problem
        3/3/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        2/18/2022Listed for rent$1,300$1/sqft
        Source: Zillow Rental Manager Report a problem
        1/5/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        12/30/2020Listed for rent$1,300-7.1%$1/sqft
        Source: Zillow Rental Manager Report a problem
        3/16/2019Listing removed$1,400$1/sqft
        Source: Howard Hanna - Loudonville #201912693 Report a problem
        2/15/2019Listed for rent$1,400$1/sqft
        Source: Howard Hanna #201912693 Report a problem
        11/21/2016Sold$137,000$53/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $145,700
        2024-- $145,700
        2023-- $145,700
        2022-- $145,700
        2021-- $145,700
        2020-- $145,700
        2019-- $145,700
        2018-- $145,700
        2017$6,330 $145,700
        2016-- $145,700
        2015-- $145,700 -15.2%
        2014-- $171,800

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Downtown

        Getting around

        89 / 100
        Very Walkable
        46 / 100
        Some Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Schenectady

        Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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