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    209 Columbia Tpke, Unit 4 Rensselaer, NY 12144

    Sponsored
    For Sale
    $400,000

    MULTI_FAMILY - Other - Rensselaer, NY

    Property size:
    2,640 SF
    Lot size:
    0.41 Acres
    Days on Market:
    9
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 209 Columbia Tpke

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    382400 155.13-18-3
    Parking
    12
    Parking features
    Garage, Off Street
    Basement
    Full, Unfinished, Walk-Out Access
    Size
    2,640 SF
    Lot size
    0.41 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1950
    Number of units
    4
    Flooring type
    Hardwood
    Building materials
    Brick
    Roof type
    Asbestos Shingle
    Architectural style
    Other

    Howard Hanna Real Estate Services (518) 348-7100 [email protected]

    Listing agent Joyce Brown (518) 596-5835 License #40BR1150323

    Listing date Dec 29, 2025

    MLS# 202530943 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.

    Overview

    Rensselaer Mixed-Use Investment Opportunity

    This four-unit mixed-use brick property is located on a high-traffic corridor in Rensselaer. The property includes two large parking lots and separate electric meters. All units are currently rented, offering upside potential. Unit #2, which is approximately 1,300 square feet, is suitable for an owner-occupant or a premium rental. Additional features include hardwood floors, an enclosed back porch, a large cleared rear lot, Window World windows, and an 11-year-old furnace. The property is located minutes from Albany, the train station, major highways, restaurants, and bus lines. The lot size is 0.41 acres and the property size is 2,640 square feet. This property presents a turnkey opportunity for investors or owner-occupants looking to build long-term value heading into 2026.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neil's Barbershop Barber Shop embrace vulnerability Facial Spa All About Color Nail Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rensselaer
    County
    Rensselaer
    State
    New York
    Longitude
    -73.732413
    Latitude
    42.618181

    Nearby Similar for Sale

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    • $315,000
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      Rensselaer Two-Family Home Near Regeneron

      Two-family home near Regeneron with updated apartment and open floor plan.
      92B Columbia Tpke, Rensselaer, NY 12144
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    • $399,000
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      East Greenbush Office Building For Sale

      Two-story commercial building near Market 32 with ample parking.
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    • $235,000
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      Rensselaer Two-Family Home

      Two-family home in Rensselaer near highways and amenities.
      35 Partition St, Rensselaer, NY 12144
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    FAQs

    What type of property is this?
    Mixed-use property - Four-unit mixed-use property in Rensselaer with high visibility.
    Where is this mixed-use property located?
    The property is located at 209 Columbia Tpke, Unit 4 Rensselaer, NY.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Four-unit mixed-use brick building in a high-traffic location with excellent visibility.; - Two large parking lots and separate electric meters for each unit.; - All units currently rented, offering immediate income and upside potential.
    (518) 596-5835
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    Realmo Value Estimation

    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.

    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.

    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
    209 Columbia Tpke, Unit 4 Rensselaer, NY 12144
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