703 Union St

Schenectady, NY 12305

$405,000
Price
3
Beds
2,578 Sq. Ft.
$157 / Sq. Ft.
2,578
Sq. Ft.
$157
per Sq. Ft.
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Description

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,...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.
  1. Listed by Pavel Karakalchu • Gucciardo Real Estate LLC
    P: (518)-728-6305 C: (518)-728-6305 Karakalchup@gmail.com

Property Details for 703 Union Street

Architectural Style
Other
Zoning
Commercial
Waterfront
No
Parking Total
6.00
LISTING UPDATED: 03/31/2026 05:18 PM

Property Details for 703 Union Street

StatusActive
MLS #202614157
Days on Market1
Taxes$5,467 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1900
Lot Size0.09 AC / 3,920 SF
CountySchenectady County
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Location

Listing Courtesy of Gucciardo Real Estate LLC
Add your commute

Building Information for 703 Union Street

Stories-Residences2Year Built1900Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

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$2,421 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,966

Property Taxes

$456

HOA Dues

$0

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Property Information for 703 Union Street

Summary
Location and General Information
  • Postal City: Schenectady
  • Directions: One block west of Union College, just before the corner of Lafayette/Park (same side as Union College).
  • City: Schenectady
  • State Or Province: NY
  • Postal Code: 12305
  • County Or Parish: Schenectady
  • Latitude: 42.82
  • Longitude: -73.94
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 23.000
  • Tax Block: 3
  • Parcel Number: 421500 39.65-3-23
  • Tax Tract: 39.65
  • Tax Annual Amount: $5,467.00
Parking
  • GarageSpaces: .00
School Information
  • School District: Schenectady
  • High School: Schenectady
Virtual Tour
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Year Built: 1900
  • Above Grade Finished Area: 2578.0
  • Above Grade Finished Area Source: CRS
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: CRS
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3920.4
Building Information
  • Living Area: 2578.0
Utilities
  • Water Source: Public
  • Separate Utilities : Gas: Yes
Interior and Exterior Features
Exterior Features
  • Exterior Features: Other
Interior Features
  • Heating: Forced Air, Natural Gas
  • Flooring: Hardwood, Laminate
  • Electric: 200+ Amp Service
  • Accessibility Features: Other, Accessible Approach with Ramp, Accessible Doors, Accessible Full Bath, Accessible Hallway(s), Customized Wheelchair Accessible
  • Basement: Full
  • Construction Materials: Other, Vinyl Siding
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Attic Features : No Attic Access: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 3
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 1.20
  • Bedrooms Total: 3
  • Bathrooms Full: 1
  • Bathrooms Half: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 0
Unit 2
  • Unit Detail : Total Bedrooms: 3

Property History for 703 Union Street

DateEvent & SourcePriceAppreciation
Mar 31, 2026

Listed (Active)

GLOBAL MLS #202614157

$405,000—
Dec 8, 2025

Expired

GLOBAL MLS #202530564

—
Dec 8, 2025

Listed (Active)

GLOBAL MLS #202530564

$405,000—
Apr 5, 2022

Withdrawn

GLOBAL MLS #202118796

—
May 19, 2021

Listed (Active)

GLOBAL MLS #202118796

$350,000—
Apr 13, 2021

Withdrawn

GLOBAL MLS #202112253

—
Feb 15, 2021

Listed (Active)

GLOBAL MLS #202112253

$375,000—
Feb 5, 2021

Expired

GLOBAL MLS #201932376

—
Feb 28, 2020

Expired

GLOBAL MLS #201912912

—
Oct 13, 2019

Expired

GLOBAL MLS #201831198

—
Oct 8, 2019

Listed (Active)

GLOBAL MLS #201932376

$375,000—
Feb 20, 2019

Listed (Active)

GLOBAL MLS #201912912

$260,000—
Oct 13, 2018

Listed (Active)

GLOBAL MLS #201831198

$300,000—
Nov 9, 2016

Sold (Public Record)

Public Record #583118168

$137,000

+40.3% / yr

Aug 29, 2014

Sold (Public Record)

Public Record #483005042

$65,100—
Aug 29, 2014

Sold

GLOBAL MLS #201407727

$65,000—
Aug 12, 2014

Pending

GLOBAL MLS #201407727

—
Apr 30, 2014

Listed (Active)

GLOBAL MLS #201407727

$99,000—
DateEvent & SourcePrice
03/31/2026

Listed (Active)

GLOBAL MLS #202614157

$405,000
12/08/2025

Expired

GLOBAL MLS #202530564

—
12/08/2025

Listed (Active)

GLOBAL MLS #202530564

$405,000
04/05/2022

Withdrawn

GLOBAL MLS #202118796

—
05/19/2021

Listed (Active)

GLOBAL MLS #202118796

$350,000
04/13/2021

Withdrawn

GLOBAL MLS #202112253

—
02/15/2021

Listed (Active)

GLOBAL MLS #202112253

$375,000
02/05/2021

Expired

GLOBAL MLS #201932376

—
02/28/2020

Expired

GLOBAL MLS #201912912

—
10/13/2019

Expired

GLOBAL MLS #201831198

—
10/08/2019

Listed (Active)

GLOBAL MLS #201932376

$375,000
02/20/2019

Listed (Active)

GLOBAL MLS #201912912

$260,000
10/13/2018

Listed (Active)

GLOBAL MLS #201831198

$300,000
11/09/2016

Sold (Public Record)

Public Record #583118168

$137,000

+40.3% / yr

08/29/2014

Sold (Public Record)

Public Record #483005042

$65,100
08/29/2014

Sold

GLOBAL MLS #201407727

$65,000
08/12/2014

Pending

GLOBAL MLS #201407727

—
04/30/2014

Listed (Active)

GLOBAL MLS #201407727

$99,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 703 Union Street

Taxable ValueLand$13,900Additions$131,800Total$145,700
Home Facts
Total Finished SqFt2,578 SqFtAbove Grade Finished SqFt2,578 SqFtUnfinished Basement SqFt1,289 SqFtStories2Lot Size3,960 SqFtStyleRestaurantYear Built1920Year Renovated1995Zoning05 - COMMERCICountySCHENECTADYAPN421500 39.65-3-23

Schools near 703 Union Street

This home is within Schenectady City School District.
Rating
School
Type
Grades
Distance
Yates Elementary School
Public - PK to 5
Oneida Middle School
Public - 6 to 8
Schenectady High School
Public - 9 to 12
St John The Evangelist
Private - PK to 6
Rating
School
Distance
Yates Elementary School
PublicPK to 5

Oneida Middle School
Public6 to 8

Schenectady High School
Public9 to 12

St John The Evangelist
PrivatePK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 703 Union Street, Schenectady, NY 12305

703 Union Street is a multi-family home for sale in Schenectady, NY 12305. This property was listed for sale on March 31, 2026 by Gucciardo Real Estate LLC, it's currently listed at $405,000. It has been on the market for a total of 1 days and was last sold on November 9, 2016. This listing's school district is Schenectady City School District. Nearby schools include Yates Elementary School, Oneida Middle School and Schenectady High School. 703 Union Street is a 3-bed, 3-bath, 2,578 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gucciardo Real Estate LLC

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