Income-Producing Duplex with
162 Consaul Road Colonie, NY 12205
162 Consaul Road, Colonie, NY, 12205
$394,000
For Sale
$394,000
Duplex offers two-bedroom units with in-unit laundry and additional space, with the first floor on a month-to-month lease.
Property Size1,344 SF
Price / SF$293.15
Days on Market29
Property Features for 162 Consaul Road
General Information
- Standard status
- Active
- Size
- 1,344 SF
- Property subtype
- Multi Family / Duplex
Building Details
- Year Built
- 1956
Listing agency
Find Advisors
(518) 866-8698
Listed by
Jamie Sittner · License #10301223502
(518) 866-8698
Source
Compass
Added: Jun 23 Updated: Jul 21 at 1:52PM Checked: Jul 21 at 1:52PM
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 Find Advisors
Investment Insights
Based on property information with market context.
This income-producing duplex includes two separate two-bedroom units, each with a full bathroom and in-unit laundry. Unit 1 also offers a bonus room and walk-out basement, while unit 2 provides the balance of the duplex configuration. Out back, residents can enjoy a private deck overlooking a generous yard.
The first-floor unit is described as occupied by a long-term tenant with over 20 years of continuous occupancy, and the lease is in place on a month-to-month basis.
From an operations standpoint, the duplex layout gives flexibility to either owner-occupy one unit while leasing the other, or lease both units as they’re configured today.
The first-floor unit is described as occupied by a long-term tenant with over 20 years of continuous occupancy, and the lease is in place on a month-to-month basis.
From an operations standpoint, the duplex layout gives flexibility to either owner-occupy one unit while leasing the other, or lease both units as they’re configured today.
Key Highlights
- Income‑producing duplex at 162 Consaul Road in South Colonie School District, built in 1956
- First‑floor unit has a long‑term tenant with over 20 years of continuous occupancy on a month‑to‑month lease
- Both units feature 2 bedrooms and 1 full bathroom
Local 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 | $23.4k | $17.40 |
| − Vacancy | −$1.5k | −$1.13 |
| EGI | $21.9k | $16.27 |
| − OpEx | −$6.6k | −$4.88 |
| NOI | $15.3k | $11.39 |
1,344 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$218.7K
$191.3K – $255.1K
NOI $15,306 @ 7.0% cap · market cap 3.88%
Second Best
Apartment 5plus
$196.1K
$171.6K – $228.8K
NOI $13,729 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$354.6K
$310.3K – $413.7K
NOI $24,821 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex offers two-bedroom units with in-unit laundry and additional space, with the first floor on a month-to-month lease.
Where is this duplex located?
The property is located at 162 Consaul Road Colonie, NY.
What is the asking price?
The asking price for this property is $394,000.
What are key features of this property?
This property features: Income‑producing duplex at 162 Consaul Road in South Colonie School District, built in 1956; First‑floor unit has a long‑term tenant with over 20 years of continuous occupancy on a month‑to‑month lease; Both units feature 2 bedrooms and 1 full bathroom
