Four-Unit Multifamily with
110 Lancaster Street Cohoes, NY 12047
110 Lancaster Street, Cohoes, NY, 12047
$469,900
Pending
For Sale
$469,900
Pending
MULTI_FAMILY - Other - Cohoes, NY
Property Size3,762 SF
Lot Size0.10 Acres
Days on Market19
Property Features for 110 Lancaster Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 7, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 8, Bathroom 1, Bathroom 3, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 1
- Parking
- 3
- Parking features
- Off Street, Garage, Driveway
- Basement
- Partial, Unfinished
- Standard status
- Pending
- APN
- 010300 10.75-1-22
- Size
- 3,762 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4257
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1958
- Number of units
- 4
- Building materials
- Vinyl Siding
- Roof type
- Rubber
- Architectural style
- Other
Listing Agency
Berkshire Hathaway Home Services Blake
(518) 935-2555
3 Winners Circle Ste 305, Albany, NY
Listed by
Leon Levy · License #30LE0983094
(518) 727-7493
Added: Jun 29 Checked: Jul 17 at 1:06 am
MLS# 202620678
Listing URL
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.
Investment Insights
Based on property information with market context.
This for-sale four-unit multifamily property totals 3,762 square feet on a 0.1-acre lot and includes a garage for added functionality. The building is described as well-maintained and kept in above-average condition. Separate utilities are noted, which can help streamline ownership and expense management for the building.
Located at 110 Lancaster Street in Cohoes, New York (Albany County), the property is positioned as a straightforward investment asset within the local market.
For buyers seeking a residential income property with an in-place garage, this offering provides a practical combination of separate utilities and an additional revenue component. The garage is currently rented for $190/month, and the space can also support tenant convenience and storage needs. With a four-unit configuration and reported pride of ownership, the property may suit investors looking to add a manageable multifamily asset to an existing portfolio or enter the residential income space with a well-kept building. Please contact the listing broker to schedule an appointment.
Located at 110 Lancaster Street in Cohoes, New York (Albany County), the property is positioned as a straightforward investment asset within the local market.
For buyers seeking a residential income property with an in-place garage, this offering provides a practical combination of separate utilities and an additional revenue component. The garage is currently rented for $190/month, and the space can also support tenant convenience and storage needs. With a four-unit configuration and reported pride of ownership, the property may suit investors looking to add a manageable multifamily asset to an existing portfolio or enter the residential income space with a well-kept building. Please contact the listing broker to schedule an appointment.
Key Highlights
- 4‑unit multi‑family property in Cohoes, MA
- Garage provides off‑street parking and currently rents for $190/month
- Built in 1958 with vinyl siding and a rubber roof
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.7k | $20.40 |
| − Vacancy | −$3.7k | −$0.98 |
| EGI | $73.1k | $19.42 |
| − OpEx | −$32.9k | −$8.74 |
| NOI | $40.2k | $10.68 |
3,762 SF · lease $20.40/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$620.5K
$543.0K – $724.0K
NOI $43,438 @ 7.0% cap · market cap 9.24%
Second Best
Apartment 5plus
$574.1K
$502.3K – $669.7K
NOI $40,184 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,174 @ 7.0% cap · market cap 17.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained 4-unit property with separate utilities and a garage that is currently rented.
Where is this quadplex located?
The property is located at 110 Lancaster Street Cohoes, NY.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: 4‑unit multi‑family property in Cohoes, MA; Garage provides off‑street parking and currently rents for $190/month; Built in 1958 with vinyl siding and a rubber roof
