258 Central Avenue Cohoes, NY 12047
MULTI_FAMILY - Other - Cohoes, NY
Property Features for 258 Central Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 6, Bedroom 5
- Parking
- 2
- Parking features
- Garage
- Security features
- Security System
- Patio and Porch features
- Patio
- Interior features
- Wall Paneling, Paddle Fan
- Basement
- Full, Unfinished
- Standard status
- Pending
- APN
- 010300 20.8-2-7
- Size
- 2,040 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4556
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Baseboard, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1880
- Number of units
- 2
- Flooring type
- Tile - Ceramic, Hardwood, Carpet
- Building materials
- Clapboard, Wood Siding
- Roof type
- Flat
- Architectural style
- Other
Listing agent James W Rosenberger License #40RO1132254 (518) 542-1430
Listing office The Falvey Real Estate Group 427 New Karner Road, Albany, NY (518) 452-3912
Listing date Jun 9, 2026
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.
Set on a quiet residential setting in Cohoes, the home is listed as being steps to the Cohoes bike trail. The property also includes a large, well maintained yard with landscaped grounds, and a two-car detached garage that is sold as-is.
The configuration suits tenants or buyers looking for either owner-occupied living with a second rental unit, or a straightforward two-unit rental setup. With a boiler installed in 2022 that heats both units and provides on-demand hot water for both, the property offers practical shared mechanical support. The enclosed porches and hardwood flooring provide additional appeal for day-to-day comfort in both units.
Key Highlights
- Two‑family home in Cohoes, built in 1880, with enclosed front porches for both units
- First‑floor unit offers 2 bedrooms plus a den that could be converted to a third bedroom
- Second‑floor unit is a 3‑bedroom layout
Local 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 | $35.5k | $17.40 |
| − Vacancy | −$1.8k | −$0.90 |
| EGI | $33.7k | $16.50 |
| − OpEx | −$10.1k | −$4.95 |
| NOI | $23.6k | $11.55 |
