Mixed-Use Investment
For Sale
$750,000
2 Cohoes Road, Watervliet, NY 12189
Four lots including multifamily, restaurants, and parking.
Property Size8,019 SF
Price / SF$93.53
Days on Market440
Property Features for 2 Cohoes Road
General Information
Standard status
Active
Size
8,019 SF
Taxes and HOA fees
Annual Taxes
$12,468
Listing Agency:
TECH VALLEY REALTY GROUP LLC
Listed By:
SHAWN PEPE
Source:
Corcoran
Added: Jun 3, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 TECH VALLEY REALTY GROUP LLC
Investment Insights
Based on property information with market context.
This offering includes four lots featuring a mix of multifamily and commercial properties. The properties include two multifamily buildings with a total of four apartments, two restaurants, and a large parking lot. Each two-family building occupies its own lot. The restaurants have the potential for conversion into 6-7 apartments, subject to Town of Colonie approval. Currently, the main restaurant is a fully functional space with a separate building for 'To Go' or 'Express' service. The sale includes all furniture, fixtures, and equipment (FFE). The main restaurant has seating for 180 people and features a large banquet room, full bar, and dining room. Two grease traps are included. The parking lot is just under 1 acre and can accommodate approximately 125 cars. The location benefits from high traffic volume, with 6,000 cars passing daily, and is situated just off 787, which sees 46,000 cars daily. The total property size is 8019 square feet.
Key Highlights
- Includes two multifamily properties (4 apartments), two restaurants, and a large parking lot.
- Main restaurant is a fully functional space with all furniture, fixtures, and equipment (FFE) included.
- Potential to convert restaurants into 6‑7 apartments with Town of Colonie approval.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
862
Businesses Nearby
Explore this area
Business Placement
Demographics for 12189, NY
18,970
Population
9,887
Households
1.9
Avg Household Size
39
Median Age
27%
College-Educated
92%
High-School Grad
6.2 sq mi
ZIP Area
3,060
Density / Sq Mi
$62,763
Median Household Income
$48,555
Median Earnings
$1,084
Median Rent
$199,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Four lots including multifamily, restaurants, and parking.
Where is this duplex located?
The property is located at 2 Cohoes Road Watervliet, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Includes two multifamily properties (4 apartments), two restaurants, and a large parking lot.; Main restaurant is a fully functional space with all furniture, fixtures, and equipment (FFE) included.; Potential to convert restaurants into 6‑7 apartments with Town of Colonie approval.
