Two-Unit Duplex with Second-Floor
For Sale
$399,900
Pending
140 Blue Barns Rd, Rexford, NY 12148
Two-unit duplex with in-unit laundry, updated appliances, and a second-floor deck for the upper unit.
Property Size2,912 SF
Days on Market27
Property Features for 140 Blue Barns Rd
General Information
Standard status
Pending
Size
2,912 SF
Property subtype
Residential Income
Listing Agency:
KW Platform
(518) 331-8442
Listed By:
Robert L Taylor · License #10401227306
(518) 331-8442
Source:
Exprealty
Added: Jul 6
Changed: Jul 31
Last Checked: Jul 31 at 3:29AM
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 KW Platform
Investment Insights
Based on property information with market context.
This two-unit duplex offers a flexible layout with separate living spaces. The lower unit features three bedrooms and two full bathrooms, including a large primary suite with a private full bath, plus an open-concept living area. The upper unit includes four bedrooms and one bathroom, with an open-concept living space that extends to a spacious second-floor deck. Both units include in-unit laundry, and the home has updated appliances.
The property sits on over 1 acre of land and includes separate parking areas for each unit, adding convenience and privacy. It is located within the Burnt Hills School District.
With a total property size of 2,912 SF, the building is configured as a true two-unit home, suitable for owner-occupancy or an income-focused use case.
The property sits on over 1 acre of land and includes separate parking areas for each unit, adding convenience and privacy. It is located within the Burnt Hills School District.
With a total property size of 2,912 SF, the building is configured as a true two-unit home, suitable for owner-occupancy or an income-focused use case.
Key Highlights
- Lower unit: 3 bedrooms and 2 full bathrooms, including a primary suite with private full bath
- Upper unit: 4 bedrooms and 1 bathroom with access to a spacious second‑floor deck
- 2,912 SF total property size
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 | $50.7k | $17.40 |
| − Vacancy | −$3.3k | −$1.13 |
| EGI | $47.4k | $16.27 |
| − OpEx | −$14.2k | −$4.88 |
| NOI | $33.2k | $11.39 |
2,912 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$473.8K
$414.5K – $552.7K
NOI $33,163 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$424.9K
$371.8K – $495.8K
NOI $29,746 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$871.6K
$762.7K – $1.02M
NOI $61,012 @ 7.0% cap · market cap 15.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 12148, NY
4,935
Population
1,949
Households
2.5
Avg Household Size
47
Median Age
58%
College-Educated
95%
High-School Grad
15.6 sq mi
ZIP Area
316
Density / Sq Mi
$135,694
Median Household Income
$103,654
Median Earnings
$1,134
Median Rent
$406,100
Median Home Value
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 - Two-unit duplex with in-unit laundry, updated appliances, and a second-floor deck for the upper unit.
Where is this duplex located?
The property is located at 140 Blue Barns Rd Rexford, NY.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Lower unit: 3 bedrooms and 2 full bathrooms, including a primary suite with private full bath; Upper unit: 4 bedrooms and 1 bathroom with access to a spacious second‑floor deck; 2,912 SF total property size
