Six-Unit Apartment
For Sale
$699,000
112 Main St, Cohoes, NY 12047
Each unit has separate utilities, supporting clear operating expense separation.
Property Size5,325 SF
Price / SF$131.27
Days on Market308
Property Features for 112 Main St
General Information
Standard status
Active
Size
5,325 SF
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$6,571
Listing Agency:
eXp Realty
(888) 276-0630
Listed By:
Dominique Wasilewski · License #10401351715
(914) 268-5430
Source:
Exprealty
Added: Dec 22, 2025
Changed: Oct 26
Last Checked: Oct 24 at 6:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
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Investment Insights
Based on property information with market context.
This 5,325-square-foot apartment building contains six units and was constructed in 1920. Separate utilities serve the individual units, and four apartments are currently occupied. The building is described as well maintained, with no renovation work required for the existing improvements.
Positioned at 112 Main Street in Cohoes, the property provides access to local amenities and major highways. Its existing six-unit configuration and current occupancy offer an established multifamily operating structure for a purchaser.
Positioned at 112 Main Street in Cohoes, the property provides access to local amenities and major highways. Its existing six-unit configuration and current occupancy offer an established multifamily operating structure for a purchaser.
Key Highlights
- Six‑unit apartment building
- 5,325 SF property size
- Four units currently occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,879
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,137,580
$1.1M
Cap Rate 7%
$812,557
$812.6K
Cap Rate 9%
$631,989
$632.0K
Market Conditions
NOI Build-Up for 5,325 SF
Gross rent
$108.6K $20.40/SF
− Vacancy
−$5.2K −$0.98/SF
EGI
$103.4K $19.42/SF
− OpEx
−$46.5K −$8.74/SF
NOI
$56.9K $10.68/SF
Area
Albany County, NY
Vacancy
4.80%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,137,580
Cap Rate 7%
$812,557
Cap Rate 9%
$631,989
Alternative Uses
Best Use
Apartment 5plus
$812.6K
$711.0K – $948.0K
NOI $56,879 @ 7.0% cap · market cap 8.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,314 @ 7.0% cap · market cap 16.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
Explore this area
Business Placement
Demographics for 12047, NY
23,347
Population
10,963
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
2,653
Density / Sq Mi
$66,970
Median Household Income
$46,476
Median Earnings
$1,213
Median Rent
$237,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Each unit has separate utilities, supporting clear operating expense separation.
Where is this apartment building located?
The property is located at 112 Main St Cohoes, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Six‑unit apartment building; 5,325 SF property size; Four units currently occupied
