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    2 Cohoes Rd Watervliet, NY 12189

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    For Sale
    $750,000

    Four lots including multifamily, restaurants, and parking.

    Property size:
    8,019 SF

    Property Features for 2 Cohoes Rd

    General Information

    Standard status
    Active
    Size
    8,019 SF

    Source: TECH VALLEY REALTY GROUP LLC Agent SHAWN PEPE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Opportunity

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Trestle Restaurant & Pub Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watervliet
    County
    Albany
    State
    New York
    Longitude
    -73.700891
    Latitude
    42.740159

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    FAQs

    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 Rd 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.
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    2 Cohoes Rd Watervliet, NY 12189
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    Watervliet, NY 12189
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Cohoes Rd Watervliet, NY 12189
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