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Two-Family Duplex
New
For Sale
$239,000

145 George Street, Green Island, NY 12183

MultiFamily, Green Island, NY

Property Size1,680 SF
Lot Size0.04 Acres
Price / SF$142.26
Days on Market5

Property Features for 145 George Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 2
Patio and Porch features Porch
Interior features Wall Paneling, Paddle Fan
Fencing Fenced, Chain Link
Basement Interior Entry, Full
Lot features Private
Elementary school district Green Island
Middle school district Green Island
High school district Green Island
Directions Green Island to George St # 145 across from the Hudson River Bank
Standard status Active
APN 012801 21.77-1-29
Size 1,680 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 1532

Utilities

Sewer type Public Sewer
Heating system Space Heater, Natural Gas, Forced Air
Water source Public

Building Details

Year built 1905
Number of units 2
Flooring type Tile, Vinyl, Laminate
Building materials Vinyl Siding
Roof type Shingle, Fiberglass
Listing Agency: Bryce Real Estate Inc
Listed By: Maury A Kimmel · License #10301207161
Added: Oct 27 Changed: Oct 30 Last Checked: Oct 31 at 11:06PM
MLS# 202629017

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.

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Investment Insights

Based on property information with market context.

Built in 1905, this duplex contains 1,680 square feet on a 0.04-acre parcel. Exterior construction is vinyl siding, and a porch provides outdoor space. Interior finishes include vinyl, laminate, and tile flooring, with wall paneling and paddle fans also listed. The property has two bathrooms and six bedrooms identified in the room information.

Heating features include forced air, natural gas, and a space heater. The home is served by public water and public sewer, and the parcel has chain-link fencing. The reported condition suggests cleaning and possible painting may be needed before occupancy.

Key Highlights

  • Two‑family duplex with 1,680 square feet
  • Six bedrooms and two bathrooms listed
  • Built in 1905

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,398
Cap Rate
8.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,960 $388.0K
Cap Rate 7%
$277,114 $277.1K
Cap Rate 9%
$215,533 $215.5K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$29.2K $17.40/SF
− Vacancy
−$1.5K −$0.90/SF
EGI
$27.7K $16.50/SF
− OpEx
−$8.3K −$4.95/SF
NOI
$19.4K $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%
$387,960
Cap Rate 7%
$277,114
Cap Rate 9%
$215,533

Alternative Uses

Best Use
Multifamily LT 5
$277.1K
$242.5K – $323.3K (±1% cap)
NOI $19,398 @ 7.0% cap · market cap 8.12%
Second Best
Apartment 5plus
$256.4K
$224.3K – $299.1K (±1% cap)
NOI $17,945 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$524.2K
$458.7K – $611.6K (±1% cap)
NOI $36,696 @ 7.0% cap · market cap 15.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

547
Businesses Nearby

Demographics for 12183, NY

2,934
Population
1,758
Households
1.7
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
0.7 sq mi
ZIP Area
4,191
Density / Sq Mi
$70,281
Median Household Income
$47,245
Median Earnings
$1,081
Median Rent
$137,300
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The 1,680-square-foot residence includes a porch and public water and sewer service.
Where is this duplex located?
The property is located at 145 George Street Green Island, NY.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Two‑family duplex with 1,680 square feet; Six bedrooms and two bathrooms listed; Built in 1905
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