Mixed-Use Investment Opportunity

2 Cohoes Road, Colonie, NY 12189

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For Sale

$750,000

Four lots including multifamily, restaurants, and parking.

Property size:

8,019 SF

Price / SF:

$93/SF

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.
Large parking lot can accommodate approximately 125 cars.
High traffic location: 6,000 cars pass daily, just off 787 with 46,000 cars.
Main restaurant seats 180 people and features a large banquet room and full bar.

We can help!

Listing Contact

SHAWN PEPE

For Sale

$750,000

Four lots including multifamily, restaurants, and parking.

Property size:

8,019 SF

Price / SF:

$93/SF

Added:: Jun 3, 2025
Days on Market:: 374
Last Refresh:: Mar 16 at 9:09 am

Property Features for 2 Cohoes Road

General Information

Standard status: Active
Size: 8,019 SF

We can help!

Listing Contact

SHAWN PEPE

Listing agent SHAWN PEPE

Listing office TECH VALLEY REALTY GROUP LLC

Listing date Jun 3, 2025

Source Corcoran

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

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.
Large parking lot can accommodate approximately 125 cars.
High traffic location: 6,000 cars pass daily, just off 787 with 46,000 cars.
Main restaurant seats 180 people and features a large banquet room and full bar.

Overview

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 Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Colonie
County: Albany
State: New York
Longitude: -73.7009
Latitude: 42.7402

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For sale
Duplexes
NY
Watervliet
12189
2 Cohoes Road

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 Colonie, 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.