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

    412 E Main St Amsterdam, NY 12010

    Sponsored
    For Sale
    $292,500

    Multi-Unit (2-4) - Amsterdam, NY

    Property size:
    2,646 SF
    Days on Market:
    7
    Last Refresh:
    Feb 28 at 5:06 pm

    Property Features for 412 E Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Den, Dining Room, Kitchen, Living Room
    Bedrooms
    6
    Bathrooms
    2
    APN
    270100-056.013-0002-017.000
    Parking features
    Garage, Garage - Detached
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Refrigerator, Washer
    Size
    2,646 SF

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1856
    Year renovated
    1856
    Floors in Building
    2
    Flooring type
    Laminate
    Building materials
    Brick, Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Brent Phetteplace

    JUDITH ANN REALTY INC

    Listing agent Brent Phetteplace (518) 829-7250

    Listing date Feb 22, 2026

    MLS# 11660913 Listing URL

    Copyright © 2026 My State MLS. 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

    Turnkey Two-Family Home

    This turnkey two-family home is move-in ready inside and out. Each unit features a spacious, updated eat-in kitchen; the lower unit showcases a tin ceiling. Both apartments offer generous living room/dining room combinations, a den/office, 3 bedrooms, and updated bathrooms. Additional features include laundry hookups in each apartment with washers and dryers included, new laminate flooring throughout both flats, enclosed rear porches, open front porches, and separate heat and electric. The property also offers a newer two-car garage with storage, a large, clean walk-up attic for additional storage, and a spacious 88' x 219' backyard with a shed. The property size is 2,646 square feet and the lot size is 0 acres. Located in Amsterdam, NY, this home has been meticulously maintained.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Amsterdam
    County
    Montgomery
    State
    New York
    Longitude
    -74.172444
    Latitude
    42.927935

    Nearby Similar for Sale

    • $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
    • $175,000
      8,000 SF

      Versatile Warehouse and Office Space

      8,000 sq ft warehouse/office building on a 0.33-acre lot.
      11 Edward 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
    • $175,000
      0.33 Acres

      Versatile Industrial Building in Amsterdam

      8,000 sq ft warehouse/office space on 0.33-acre lot.
      11 Edward 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
    • $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
    • $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
    • $105,000
      1,008 SF

      Amsterdam NY Two-Family Duplex

      Two-family duplex in Amsterdam, NY, perfect for rental income.
      4-1/2 Hibbard 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
    • $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
    • $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
    • $169,000
      Pending

      Two-Family Home in Prime Location

      Two-family home with spacious units, ideal for owner-occupant or investor.
      18 Kline St, Amsterdam, NY 12010
      View Details

    FAQs

    What type of property is this?
    Duplex - Immaculate, move-in ready two-family home with updated features.
    Where is this duplex located?
    The property is located at 412 E Main St Amsterdam, NY.
    What is the asking price?
    The asking price for this property is $292,500.
    What are key features of this property?
    This property features: - Turnkey two-family home: Move-in ready with updated kitchens and bathrooms in both units.; - Two-car garage with storage and a large backyard with a shed.; - Separate heat and electric for each unit.
    (518) 829-7250
    Request Owner's contact information
    412 E Main St 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.
    412 E Main St
    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
    412 E Main St 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
    Brent Phetteplace
    (518) 829-7250
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!