Duplex with Dual Primary
For Sale
Under Contract
$299,900
186 Main Street, Cohoes, NY 12047
MultiFamily, Cohoes, NY
Property Size2,300 SF
Lot Size0.05 Acres
Price / SF$130.39
Days on Market196
Property Features for 186 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Laundry Room, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 6
Interior features
Ceramic Tile Bath
Fencing
Chain Link
Basement
Full, Unfinished
Lot features
Level, Cleared
Elementary school district
Cohoes
Middle school district
Cohoes
High school district
Cohoes
Directions
Northway/87N to exit 7, keep right to US 9. Right at Holiday Inn/US 9R, right onto Main St.
Standard status
Active Under Contract
APN
010300 10.83-2-10.2
Size
2,300 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
4096
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
enclosed back porches with laundry
Building Details
Year built
1880
Number of units
2
Flooring type
Laminate
Building materials
Vinyl Siding
Roof type
Rubber
Architectural style
Other
Listing Agency:
Venture Fox Realty Group LLC
(518) 290-1070
Listed By:
Christopher McCabe · License #40MC1144610
(518) 378-8756
Added: Apr 20
Changed: Oct 31
Last Checked: Nov 1 at 10:06PM
MLS# 202615460
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.
This 2,300-square-foot duplex contains two residences, each with three bedrooms and two full bathrooms. Each unit includes a secondary private suite with its own full bath. Updated kitchens have stainless steel appliances, with quartz countertops in one unit and granite in the other. Ceramic-tile baths, forced-air heating, central air conditioning, and enclosed rear porches with laundry add to the interior features. The building dates to 1880 and sits on a 0.05-acre lot.
The property is in Cohoes and within the Cohoes City School District. Both units have received updates in recent years, including kitchen and bathroom improvements.
The property is in Cohoes and within the Cohoes City School District. Both units have received updates in recent years, including kitchen and bathroom improvements.
Key Highlights
- Two residences, each configured with 3 bedrooms and 2 full bathrooms
- 2,300 square feet across the duplex
- Each unit has a private secondary suite with its own full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,557
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,140
$531.1K
Cap Rate 7%
$379,386
$379.4K
Cap Rate 9%
$295,078
$295.1K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$40.0K $17.40/SF
− Vacancy
−$2.1K −$0.90/SF
EGI
$37.9K $16.50/SF
− OpEx
−$11.4K −$4.95/SF
NOI
$26.6K $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%
$531,140
Cap Rate 7%
$379,386
Cap Rate 9%
$295,078
Alternative Uses
Best Use
Multifamily LT 5
$379.4K
$332.0K – $442.6K
NOI $26,557 @ 7.0% cap · market cap 8.86%
Second Best
Apartment 5plus
$351.0K
$307.1K – $409.5K
NOI $24,567 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$717.7K
$628.0K – $837.3K
NOI $50,239 @ 7.0% cap · market cap 16.75%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
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Business Placement
Demographics for 12047, NY
23,347
Population
10,963
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
2,653
Density / Sq Mi
$66,970
Median Household Income
$46,476
Median Earnings
$1,213
Median Rent
$237,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences each provide three bedrooms, two full baths, laundry, and a distinct countertop finish.
Where is this duplex located?
The property is located at 186 Main Street Cohoes, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two residences, each configured with 3 bedrooms and 2 full bathrooms; 2,300 square feet across the duplex; Each unit has a private secondary suite with its own full bath
