18 Main Street, Lake Luzerne, NY 12846
MULTI_FAMILY - Other - Lake Luzerne, NY
- Added:
- Jul 2, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 4 at 6:06 pm
Property Features for 18 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 4
- Parking
- 6
- Parking features
- Driveway
- Basement
- Crawl Space
- Standard status
- Active
- APN
- 523200 298.15-2-12
- Size
- 1,800 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2232
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1940
- Number of units
- 2
- Building materials
- Wood Siding
- Roof type
- Metal
- Architectural style
- Other
Listing agent Thaddeus Jones License #10301220962 (518) 681-1836
Listing office KW Platform 935 New Loudon Rd, Latham, NY (518) 724-5800
Listing date Jul 2, 2026
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.
HighLights
- Tenant‑occupied duplex with municipal water and private septic (sewer: septic tank).
- Metal roof and freshly painted exterior; building construction materials include wood siding.
- Year built 1940 with electric baseboard heating.
- Zoned HC (Hamlet Commercial); a portion of the building is currently used only for storage.
- Main Street location within a short walk to Wayside Beach and Pavilion Park.
- Driveway parking available; rooms include 4 bedrooms and 2 bathrooms across the two units.
Overview
The building is located on Main Street in Lake Luzerne, NY. Public remarks indicate it is within a short walk to Wayside Beach and Pavilion Park. The property is zoned HC (Hamlet Commercial), and a portion of the building is currently used only for storage.
For tenants or buyers seeking residential income, the current duplex configuration offers straightforward use as two units with on-site services for utilities. For an owner evaluating longer-term options, the listing notes that it may be possible to add residential or commercial units with proper town approvals, while the existing storage portion could be considered in that planning. Please note that some photos were taken when the units were previously vacant.
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 | $25.3k | $14.04 |
| − Vacancy | −$1.8k | −$0.98 |
| EGI | $23.5k | $13.06 |
| − OpEx | −$7.1k | −$3.92 |
| NOI | $16.5k | $9.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lake Luzerne
- County
- Warren
- State
- New York
- Longitude
- -73.840736
- Latitude
- 43.318244
