Apartment Building with Townhouse-Style
For Sale
$3,550,000
1A-15H Brickyard Road, Stillwater, NY 12118
MULTI_FAMILY - Stillwater, NY
Property Size8,928 SF
Lot Size8.44 Acres
Price / SF$397.63
Days on Market17
Property Features for 1A-15H Brickyard Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi Residence
Bedrooms
32
Bathrooms
24
Full bathrooms
16
Half bathrooms
16
Rooms
Bedroom 18, Bedroom 7, Bedroom 29, Bedroom 32, Bathroom 17, Bedroom 5, Bedroom 19, Bathroom 7, Bathroom 4, Bedroom 6, Bedroom 25, Bathroom 20, Bedroom 10, Bedroom 2, Bedroom 22, Bedroom 13, Bedroom 31, Bedroom 24, Bedroom 14, Bathroom 30, Bedroom 23, Bathroom 22, Bedroom 17, Bathroom 2, Bedroom 16, Bathroom 24, Bedroom 3, Bathroom 23, Bedroom 8, Bathroom 27, Bathroom 32, Bedroom 1, Bedroom 15, Bathroom 12, Bathroom 13, Bathroom 15, Bedroom 26, Bathroom 14, Bathroom 19, Bathroom 10, Bedroom 28, Bedroom 11, Bathroom 3, Bathroom 18, Bathroom 25, Bathroom 16, Bathroom 6, Bathroom 31, Bathroom 29, Bedroom 4, Bedroom 20, Bathroom 11, Bathroom 28, Bedroom 12, Bathroom 9, Bedroom 21, Bedroom 30, Bedroom 9, Bedroom 27, Bathroom 8, Bathroom 21, Bathroom 26, Bathroom 1, Bathroom 5
Parking
32
Parking features
Off Street, Garage, Open, Driveway
Patio and Porch features
Deck, Porch
Fireplace
1
Elementary school district
Mechanicville
Middle school district
Mechanicville
High school district
Mechanicville
Directions
Rt 75 to Hurlin St, left on Stillwater Brickyard Rd
Standard status
Active
APN
415289 262.-1-1.111
Size
8,928 SF
Lot size
8.44 Acres
Taxes and HOA fees
Tax Annual Amount
39344
Utilities
Sewer type
Public Sewer
Heating system
Propane (Heating)
Cooling system
Central Air
Water source
Public
Amenities
private garage
hardwood floors
washer and dryer
balconies
front porches
Building Details
Year built
2018
Number of units
16
Flooring type
Hardwood
Building materials
Vinyl Siding
Roof type
Shingle
Listing Agency:
Julie & Co Realty LLC
(518) 350-7653
Listed By:
Amy Farchione-Sgromo · License #40SG0924936
(315) 863-2777
Added: Jul 15
Changed: Jul 31
Last Checked: Jul 31 at 2:06AM
MLS# 202621869
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.
Investment Insights
Based on property information with market context.
Gennaro Commons is an approved subdivision planned for 64 total townhouse-style units. The project includes 40 approved units, with 16 units completed and 24 units approved and ready for permit issuance, subject to final approvals for the full plan. Each townhouse is designed with a private garage, hardwood floors, in-unit washer and dryer, and a combination of balconies and front porches. The homes include decks and porches, and feature central air and propane heating, with vinyl siding and a shingle roof. The property is served by public water and public sewer, and it was built in 2018.
The development is located off Cold Springs Road and Brickyard Road in Mechanicville, in the Stillwater area. The site is 8.44 acres, and the property size is listed as 8,928 square feet. Parking features include off-street parking with garage and driveway options.
Zoning is Multi Residence.
The development is located off Cold Springs Road and Brickyard Road in Mechanicville, in the Stillwater area. The site is 8.44 acres, and the property size is listed as 8,928 square feet. Parking features include off-street parking with garage and driveway options.
Zoning is Multi Residence.
Key Highlights
- Approved subdivision for up to 64 townhouse‑style units, with 40 units approved
- 16 townhouse‑style units completed; 24 approved units ready for permit issuance
- 8.44‑acre site with 8,928 square feet of property size listed
Financial Insights For Apartment 5plus
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 | $225.0k | $25.20 |
| − Vacancy | −$9.4k | −$1.06 |
| EGI | $215.5k | $24.14 |
| − OpEx | −$97.0k | −$10.86 |
| NOI | $118.5k | $13.28 |
8,928 SF · lease $25.20/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.69M
$1.48M – $1.98M
NOI $118,545 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.67M
$2.34M – $3.12M
NOI $187,059 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
40
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
Explore this area
Business Placement
Demographics for 12118, NY
16,618
Population
8,079
Households
2.1
Avg Household Size
42
Median Age
33%
College-Educated
93%
High-School Grad
35.3 sq mi
ZIP Area
471
Density / Sq Mi
$91,182
Median Household Income
$54,079
Median Earnings
$1,105
Median Rent
$315,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Zoned Multi Residence with 16 completed and 24 permit-ready townhouse units, plus public water and sewer.
Where is this apartment building located?
The property is located at 1A-15H Brickyard Road Stillwater, NY.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: Approved subdivision for up to 64 townhouse‑style units, with 40 units approved; 16 townhouse‑style units completed; 24 approved units ready for permit issuance; 8.44‑acre site with 8,928 square feet of property size listed
