Duplex with
For Sale
$275,000
Pending
1326 8th Avenue, Watervliet, NY 12189
Both residences have private fenced yards, and the property has separate utilities.
Property Size1,908 SF
Days on Market26
Property Features for 1326 8th Avenue
General Information
Standard status
Pending
Size
1,908 SF
Total Parking Spaces
1
Property subtype
Duplex
Units
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,688
Amenities
private fenced yard
Building Details
Building Size
1,908 SF
Year Built
1920
Buildings
1
Listing Agency:
Venture Fox Realty Group LLC
Listed By:
Abigail Curtiss · License #10401362361
(518) 653-1898
Source:
Stagednest
Added: Oct 7
Changed: Oct 31
Last Checked: Oct 31 at 2:37PM
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 Venture Fox Realty Group LLC
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Investment Insights
Based on property information with market context.
This 1,908-square-foot duplex, built in 1920, contains two residences with spacious layouts. Each unit has a private fenced yard, and the building is served by separate utilities. A one-car garage provides parking or storage. The upper unit is vacant.
Located in Watervliet, the property occupies a double lot. Shopping, dining, and major highways are nearby.
Located in Watervliet, the property occupies a double lot. Shopping, dining, and major highways are nearby.
Key Highlights
- Two‑unit property with 1,908 square feet
- Each residence has its own fenced yard
- Separate utilities serve the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,031
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,620
$440.6K
Cap Rate 7%
$314,729
$314.7K
Cap Rate 9%
$244,789
$244.8K
Market Conditions
NOI Build-Up for 1,908 SF
Gross rent
$33.2K $17.40/SF
− Vacancy
−$1.7K −$0.90/SF
EGI
$31.5K $16.50/SF
− OpEx
−$9.4K −$4.95/SF
NOI
$22.0K $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 Rate 5%
$440,620
Cap Rate 7%
$314,729
Cap Rate 9%
$244,789
Alternative Uses
Best Use
Multifamily LT 5
$314.7K
$275.4K – $367.2K
NOI $22,031 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$291.1K
$254.8K – $339.7K
NOI $20,380 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$595.4K
$521.0K – $694.6K
NOI $41,677 @ 7.0% cap · market cap 15.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
Explore this area
Business Placement
Demographics for 12189, NY
18,970
Population
9,887
Households
1.9
Avg Household Size
39
Median Age
27%
College-Educated
92%
High-School Grad
6.2 sq mi
ZIP Area
3,060
Density / Sq Mi
$62,763
Median Household Income
$48,555
Median Earnings
$1,084
Median Rent
$199,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have private fenced yards, and the property has separate utilities.
Where is this duplex located?
The property is located at 1326 8th Avenue Watervliet, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑unit property with 1,908 square feet; Each residence has its own fenced yard; Separate utilities serve the units
