Two-Family Duplex with
New
For Sale
$289,900
112 Vliet Boulevard, Cohoes, NY 12047
MultiFamily, Cohoes, NY
Property Size1,968 SF
Lot Size0.06 Acres
Price / SF$147.31
Days on Market1
Property Features for 112 Vliet Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 5
Patio and Porch features
Porch, Deck
Exterior features
Garden
Basement
Exterior Entry, Full, Sump Pump, Unfinished
Lot features
Level, Corner Lot
Elementary school district
Cohoes
Middle school district
Cohoes
High school district
Cohoes
Directions
Northway exit 7 for NY-7E towards Troy/Cohoes. Turn right towards NY-9R Cohoes. Turn Left on Baker Ave and then right on Vliet Blvd.
Standard status
Active
APN
010300 10.11-3-4
Size
1,968 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
4164
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Radiant, Space Heater
Water source
Public
Building Details
Year built
1895
Number of units
2
Flooring type
Laminate
Building materials
Aluminum Siding, Vinyl Siding
Roof type
Flat, Built-Up
Architectural style
Other
Listing Agency:
Venture Fox Realty Group LLC
(518) 290-1070
Listed By:
Shane P Cahill · License #10491213790
(518) 424-1608
Added: Sep 14
Last Checked: Sep 14 at 3:06PM
MLS# 202626064
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 two-family duplex contains 1,968 square feet with three bedrooms in each unit. Both residences include an enclosed back porch and an open front porch, expanding the usable living and outdoor areas. The 1895 property has aluminum and vinyl siding, laminate flooring, a flat and built-up roof, and a combination of natural gas, radiant, and space-heater systems. Public water and public sewer serve the building, while the grounds include a garden area.
Located in Cohoes, the property is close to major highways, shopping, dining, and everyday amenities. The two-unit configuration supports either an income-producing ownership strategy or an owner-occupied arrangement, as described for the property.
Located in Cohoes, the property is close to major highways, shopping, dining, and everyday amenities. The two-unit configuration supports either an income-producing ownership strategy or an owner-occupied arrangement, as described for the property.
Key Highlights
- Two‑family duplex with three bedrooms per unit
- 1,968 square feet on a 0.06‑acre lot
- Enclosed back porch and open front porch at each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,724
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$454,480
$454.5K
Cap Rate 7%
$324,629
$324.6K
Cap Rate 9%
$252,489
$252.5K
Market Conditions
NOI Build-Up for 1,968 SF
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.
Gross rent
$34.2K $17.40/SF
− Vacancy
−$1.8K −$0.90/SF
EGI
$32.5K $16.50/SF
− OpEx
−$9.7K −$4.95/SF
NOI
$22.7K $11.55/SF
Area
Albany County, NY
Vacancy
5.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$454,480
Cap Rate 7%
$324,629
Cap Rate 9%
$252,489
Alternative Uses
Best Use
Multifamily LT 5
$324.6K
$284.1K – $378.7K
NOI $22,724 @ 7.0% cap · market cap 7.84%
Second Best
Apartment 5plus
$300.3K
$262.8K – $350.4K
NOI $21,021 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$614.1K
$537.3K – $716.5K
NOI $42,987 @ 7.0% cap · market cap 14.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
269
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Six-bedroom layout with enclosed back porches and open front porches serving both units.
Where is this duplex located?
The property is located at 112 Vliet Boulevard Cohoes, NY.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two‑family duplex with three bedrooms per unit; 1,968 square feet on a 0.06‑acre lot; Enclosed back porch and open front porch at each unit
