Renovated Two-Family Property in
For Sale
$299,900
186 Main Street, Cohoes, NY 12047
MULTI_FAMILY - Other - Cohoes, NY
Property Size2,300 SF
Lot Size0.05 Acres
Price / SF$130.39
Days on Market106
Property Features for 186 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 5, Bedroom 3, Laundry Room, Bedroom 1, Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1
Interior features
Ceramic Tile Bath
Fencing
Chain Link
Basement
Full, Unfinished
Lot features
Level, Cleared
Elementary school district
Cohoes
Middle school district
Cohoes
High school district
Cohoes
Directions
Northway/87N to exit 7, keep right to US 9. Right at Holiday Inn/US 9R, right onto Main St.
Standard status
Active
APN
010300 10.83-2-10.2
Size
2,300 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
4096
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1880
Number of units
2
Flooring type
Laminate
Building materials
Vinyl Siding
Roof type
Rubber
Architectural style
Other
Listing Agency:
Venture Fox Realty Group LLC
(518) 290-1070
Listed By:
Christopher McCabe · License #40MC1144610
(518) 378-8756
Added: Apr 20
Changed: Jul 24
Last Checked: Aug 3 at 6:06PM
MLS# 202615460
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 completely renovated two-family property is located in the Cohoes City School District. Each of the two units features three bedrooms and two full bathrooms. The units include dual primary suites, one with a traditional layout and a second private suite with its own full bath, suitable for extended living or rental purposes. The property has been updated throughout, showcasing tiled bathrooms and updated kitchens equipped with stainless steel appliances. One unit features quartz countertops, while the other features granite countertops. Additional features include forced hot air heating, central air conditioning, and enclosed back porches with laundry facilities. The property size is 2300 square feet and the lot size is 0.05 acres. This property is suitable for both owner-occupants and investors looking for a turnkey opportunity to generate income.
Key Highlights
- Completely renovated two‑family property in the Cohoes City School District
- Each unit has 3 bedrooms and 2 full bathrooms, with dual primary suite options (including a private suite with its own full bath)
- Updated kitchens with stainless steel appliances and countertop finishes including quartz in one unit and granite in the other
Financial Insights For Multifamily LT 5
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 | $40.0k | $17.40 |
| − Vacancy | −$2.1k | −$0.90 |
| EGI | $37.9k | $16.50 |
| − OpEx | −$11.4k | −$4.95 |
| NOI | $26.6k | $11.55 |
2,300 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$379.4K
$332.0K – $442.6K
NOI $26,557 @ 7.0% cap · market cap 8.86%
Second Best
Apartment 5plus
$351.0K
$307.1K – $409.5K
NOI $24,567 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$717.7K
$628.0K – $837.3K
NOI $50,239 @ 7.0% cap · market cap 16.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
Explore this area
Business Placement
Demographics for 12047, NY
23,347
Population
10,963
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
2,653
Density / Sq Mi
$66,970
Median Household Income
$46,476
Median Earnings
$1,213
Median Rent
$237,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Completely renovated two-family property with modern finishes and flexible space.
Where is this duplex located?
The property is located at 186 Main Street Cohoes, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Completely renovated two‑family property in the Cohoes City School District; Each unit has 3 bedrooms and 2 full bathrooms, with dual primary suite options (including a private suite with its own full bath); Updated kitchens with stainless steel appliances and countertop finishes including quartz in one unit and granite in the other
