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Refreshed Duplex in Shenendehowa District

54 Route 236 Halfmoon, NY 12065

54 Route 236, Halfmoon, NY, 12065
$688,000
Pending
For Sale
$688,000
Pending

MULTI_FAMILY - Halfmoon, NY

Property Size3,815 SF
Lot Size0.69 Acres
Days on Market71

Property Features for 54 Route 236

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Rooms
Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2, Laundry Room
Parking
10
Patio and Porch features
Deck, Patio, Porch
Fireplace
1
Standard status
Pending
APN
413800 279.-1-48
Size
3,815 SF
Lot size
0.69 Acres

Taxes and HOA fees

Tax Annual Amount
7396

Utilities

Sewer type
Septic Tank
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
1977
Number of units
2
Flooring type
Vinyl, Wood
Building materials
Brick
Listing agency Realty One Group Key
Listed by Yan Wang · License #10301224609
Added: May 13 Updated: Jun 9 at 9:35AM Checked: Jul 22 at 8:06PM
MLS# 202617171

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 side-by-side brick duplex, thoughtfully refreshed and beautifully maintained, is located in the Shenendehowa School District. The property offers over 3,800 square feet of living space. Each unit features 3 bedrooms and 2 full bathrooms, updated kitchens, hardwood flooring, and bright, sun-filled living spaces. The side-by-side layout is designed for comfortable everyday living. Separate entrances, private balcony areas, individual backyard access, garage parking, and separate utilities provide flexibility and privacy. Recent exterior improvements and refreshing enhancements further elevate the property's overall presentation and functionality. The landscaped 0.69-acre lot includes patio areas and an in-ground pool, offering outdoor potential and additional space for seasonal enjoyment. It is conveniently located near shopping, dining, parks, and major commuter routes. The property is suitable for both investors seeking income potential and owner-occupants looking to offset expenses while enjoying the comfort and privacy of a spacious home.

Key Highlights

  • Side‑by‑side brick duplex built in 1977 in the Shenendehowa School District
  • Over 3,800 sq ft total living space with 3 bedrooms and 2 full bathrooms in each unit
  • Updated kitchens, hardwood flooring, and bright living areas in both units

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 $84.7k $22.20
− Vacancy −$3.8k −$1.00
EGI $80.9k $21.20
− OpEx −$24.3k −$6.36
NOI $56.6k $14.84
3,815 SF · lease $22.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$808.8K
$707.7K – $943.6K (±1% cap)
NOI $56,617 @ 7.0% cap · market cap 8.23%
Second Best
Apartment 5plus
$723.6K
$633.2K – $844.3K (±1% cap)
NOI $50,655 @ 7.0% cap · market cap 7.36%
Theoretical Best
Office A
$1.14M
$999.2K – $1.33M (±1% cap)
NOI $79,932 @ 7.0% cap · market cap 11.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Building Supply Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Locksmith Kitchen & Bath Showroom Law Firm Home Appliance Store Bakery

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

FAQs

What type of property is this?
Duplex - Spacious duplex with updates, in-ground pool, and investment potential.
Where is this duplex located?
The property is located at 54 Route 236 Halfmoon, NY.
What is the asking price?
The asking price for this property is $688,000.
What are key features of this property?
This property features: Side‑by‑side brick duplex built in 1977 in the Shenendehowa School District; Over 3,800 sq ft total living space with 3 bedrooms and 2 full bathrooms in each unit; Updated kitchens, hardwood flooring, and bright living areas in both units
Contact an agent
More about this property
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