Add Listing
    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

    235 Remsen Street Cohoes, NY 12047

    View on Map
    Pending
    Contact for pricing

    LAND - Cohoes, NY

    Lot size:
    0.06 Acres
    Added:
    Oct 31, 2025
    Days on Market:
    158
    Last Refresh:
    Apr 6 at 7:06 pm

    Property Features for 235 Remsen Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Pending
    APN
    010300 10.67-5-33
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    839

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Maury A Kimmel
    Maury A Kimmel

    Listing agent Maury A Kimmel License #10301207161

    Listing office Bryce Real Estate Inc 9 Duncan Ln, Troy, NY

    Listing date Oct 31, 2025

    MLS# 202528779 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

    Commercial Parcel in Cohoes Business District

    This commercial parcel is situated in the heart of the business district of Cohoes. The 0.06-acre lot previously accommodated a building with a business. It features private, locked iron gates already installed. Any potential buyer would need to apply for variances through the zoning board.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cohoes
    County
    Albany
    State
    New York
    Longitude
    -73.700091
    Latitude
    42.770508

    Nearby Similar for Sale

    • $399,900

      Cohoes Commercial Property For Sale

      High-visibility location suitable for retail, office, or service-oriented businesses.
      1208 Loudon Road, Cohoes, NY 12047
      View Details
    • $690,000
      1,648 SF

      Commercial Property with Expansion Potential

      1.6-acre property with a 1648 sq ft home.
      1221 NE New Loudon Road, Cohoes, NY 12047
      View Details
    • $890,000
      7,500 SF

      Cohoes Office and Warehouse Building

      Office and warehouse building on 3 acres with abundant parking.
      601 Columbia St Extension, Cohoes, NY 12047
      View Details
    • $409,000
      3,840 SF

      Cohoes Four-Unit Income Property

      Fully occupied four-unit property in Cohoes, NY.
      94 Howard Street, Cohoes, NY 12047
      View Details
    • $339,999
      2,116 SF

      Renovated Duplex with Cash Flow

      Fully renovated duplex in Cohoes, NY with immediate cash flow.
      5 Short Street, Cohoes, NY 12047
      View Details
    • $399,000
      6,632 SF

      Cohoes Commercial Building For Sale

      Well-maintained commercial building with warehouse, garage, and office space.
      75 Jackson Avenue, Cohoes, NY 12047
      View Details
    • $365,000
      3,032 SF

      Charming Two-Family Home, Cohoes

      Well-maintained two-family home with spacious lot and unique architectural details.
      42 McElwain Avenue, Cohoes, NY 12047
      View Details
    • $319,900
      2,826 SF

      Cohoes Two-Family Home with Extra Lot

      Well-maintained two-family home in desirable Cohoes Hill neighborhood.
      77 Younglove Avenue, Cohoes, NY 12047
      View Details
    • $370,000
      3,500 SF

      Cohoes Multifamily Property with Garage

      Multifamily property featuring two houses and a spacious garage.
      128-130 Congress Street, Cohoes, NY 12047
      View Details
    • $699,000
      5,325 SF

      Cohoes Multifamily Investment Opportunity

      Six-unit multifamily property in Cohoes, NY with strong returns.
      112 Main Street, Cohoes, NY 12047
      View Details
    • $209,900
      2,742 SF

      Four Two-Family Investment Properties

      Portfolio of four well-maintained two-family buildings in Cohoes and Troy.
      79 Central Terrace, Cohoes, NY 12047
      View Details
    • $550,000
      3,600 SF

      Mixed-Use Property with Laundromat

      Updated laundromat with apartments in Cohoes, NY.
      8 Garner Street, Cohoes, NY 12047
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land in the heart of Cohoes' business district.
    Where is this commercial land located?
    The property is located at 235 Remsen Street Cohoes, NY.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Commercial parcel in the heart of the business district of Cohoes.; Water Available.; Private locked iron gates already installed.
    (518) 961-0060
    We can help!
    Listing Contact
    Maury A Kimmel
    Maury A Kimmel
    Real Estate License ID: 10301207161
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!