Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    176 Florida Ave Amsterdam, NY 12010

    Sponsored
    For Sale
    $199,000

    MULTI_FAMILY - Amsterdam, NY

    Property size:
    3,125 SF
    Lot size:
    0.36 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 29 at 1:50 pm

    Property Features for 176 Florida Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 5, Bedroom 6
    Bedrooms
    6
    Bathrooms
    2
    APN
    270100 55.7-1-56
    Parking
    4
    Parking features
    Off Street, Driveway
    Patio and Porch features
    Porch
    Interior features
    Paddle Fan, Built-in Features
    Basement
    Full
    Size
    3,125 SF
    Lot size
    0.36 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1920
    Number of units
    2
    Flooring type
    Tile, Hardwood, Carpet
    Building materials
    Aluminum Siding
    Roof type
    Shingle, Asphalt

    We can help!

    Listing Contact
    Amanda Caldwell

    KW Platform (518) 724-5800

    Listing agent Amanda Caldwell (518) 921-5553 License #10401380164

    Listing date Jan 29, 2026

    MLS# 202528785 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.

    Learn more

    Property Insight Report

    Overview

    Amsterdam Two-Family Investment Opportunity

    This well-maintained two-family home presents an investment opportunity in Amsterdam. Each unit features 3 bedrooms and 1 full bath. The units have hardwood floors and bright living spaces. The property provides off-street parking and is conveniently located near local establishments such as Lorenzo's Southside, the Amsterdam Castle, and Shorty's BBQ. William Barkley Elementary, a sought-after school, is nearby. The duplex is in great condition, and includes a newly installed water heater. The property is a low-maintenance, income-producing opportunity with long-term rental appeal and strong neighborhood demand. The property size is 3125 square feet and the lot size is 0.36 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Amsterdam
    County
    Montgomery
    State
    New York
    Longitude
    -74.203774
    Latitude
    42.935699

    Nearby Similar for Sale

    • $299,000
      5,342 SF

      Mixed-Use Property in Growing Amsterdam

      Mixed-use property with business and residential potential in Amsterdam, NY.
      67 Bridge St, Amsterdam, NY 12010
      View Details
    • $229,900
      Pending

      Updated Two-Family Home, Amsterdam

      Updated two-family home perfect for investment or owner-occupied living.
      225 Church St, Amsterdam, NY 12010
      View Details
    • $229,900
      1,656 SF

      Well-Maintained Two-Family Home

      Two-family home in Amsterdam with recent upgrades and fenced yard.
      233-235 Grand St, Amsterdam, NY 12010
      View Details
    • New
      $249,900
      Pending

      Multifamily Property with Storage Facility

      Turnkey multifamily property with rental and storage facility in Amsterdam, NY.
      71-73 Academy St, Amsterdam, NY 12010
      View Details
    • $340,000
      10,085 SF

      Historic Amsterdam Property for Renovation

      Charming property in Amsterdam, NY, offering unique renovation potential.
      49 E Main St, Amsterdam, NY 12010
      View Details
    • $120,000
      Pending

      Historic Amsterdam Mixed-Use Opportunity

      5540 SF mixed-use building ready for development in Amsterdam, NY.
      55 Broad St, Amsterdam, NY 12010
      View Details
    • $91,000
      Pending

      Well-Maintained Multifamily Property with Garage

      Multifamily property with off-street parking and a two-bay garage.
      32 Milton Ave, Amsterdam, NY 12010
      View Details
    • $280,000
      3,538 SF

      Amsterdam Multifamily Investment Opportunity

      Well-maintained 3-unit property near shopping, dining, and transportation.
      3 1St Ave, Amsterdam, NY 12010
      View Details
    • New
      $120,000
      0.11 Acres

      Colonial Two-Family House For Sale

      Two-family colonial house in need of renovation, cash only.
      74 Elizabeth St, Amsterdam, NY 12010
      View Details
    • $165,000
      3,807 SF

      Versatile Commercial Space Near Thruway

      Adaptable commercial space suitable for manufacturing, warehousing, or distribution.
      8 Yeoman St, Amsterdam, NY 12010
      View Details
    • $179,900
      1,838 SF

      Amsterdam Triplex For Sale

      Three-unit multifamily property in Amsterdam, New York, with solid brick construction.
      72 Grove St, Amsterdam, NY 12010
      View Details
    • $180,000
      8,760 SF

      Spacious Light-Industrial Building on NY-5

      8,760 sq ft commercial building with high-traffic visibility.
      397 West Main St, Amsterdam, NY 12010
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in Amsterdam, ideal for investors.
    Where is this duplex located?
    The property is located at 176 Florida Ave Amsterdam, NY.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Income-producing two-family home, ideal for investment.; - Each unit features 3 bedrooms and 1 full bath.; - Convenient location near local amenities and sought-after elementary school.
    (518) 921-5553
    Request Owner's contact information
    176 Florida Ave Amsterdam, NY 12010
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    176 Florida Ave
    Amsterdam, NY 12010
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    176 Florida Ave Amsterdam, NY 12010
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Amanda Caldwell
    Real Estate License ID: 10401380164
    (518) 921-5553
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.