Mixed-Use Duplex with Commercial
2 Sunset Road North Greenbush, NY 12144
2 Sunset Road, North Greenbush, NY, 12144
$575,000
For Sale
$575,000
MULTI_FAMILY - North Greenbush, NY
Property Size2,304 SF
Lot Size0.17 Acres
Price / SF$249.57
Days on Market12
Property Features for 2 Sunset Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
- Parking features
- Driveway
- Patio and Porch features
- Deck, Porch
- Standard status
- Active
- APN
- 383200 134.13-10-1
- Size
- 2,304 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5793
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1965
- Number of units
- 2
- Flooring type
- Vinyl, Hardwood, Tile
- Building materials
- Shake Siding
- Roof type
- Asphalt
Listing Agency
Miranda Real Estate Group Inc
(518) 348-2060
1482 Rt 9, Clifton Park, NY
Listed by
Sarah Weloth
(518) 348-2060
Added: Jul 6 Checked: Jul 17 at 11:06 am
MLS# 11872653
Listing URL
Copyright © 2026 My State MLS. 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.
This well-maintained mixed-use property includes two fully rented residential units and a versatile commercial space on the lower level with its own separate address. The basement is noted as having potential for additional rental opportunity, and the basement includes 1 full bathroom with an estimated monthly rent of $1,500.
The property is located at 2 Sunset Road in North Greenbush, NY, on a high-visibility road with outstanding frontage. The listing notes convenience to shopping, restaurants, major highways, HVCC, Regeneron, and the Rensselaer Train Station.
If you plan to operate a business in the commercial space, the listing states that a use variance and approval from the Town of North Greenbush Zoning will be required.
The property is located at 2 Sunset Road in North Greenbush, NY, on a high-visibility road with outstanding frontage. The listing notes convenience to shopping, restaurants, major highways, HVCC, Regeneron, and the Rensselaer Train Station.
If you plan to operate a business in the commercial space, the listing states that a use variance and approval from the Town of North Greenbush Zoning will be required.
Key Highlights
- Mixed‑use property with two fully rented residential units plus a lower‑level commercial space with its own separate address
- Basement offers potential rental opportunity with 1 full bathroom and estimated monthly rent of $1,500
- East Greenbush School District; minutes to shopping, restaurants, major highways, HVCC, Regeneron, and Rensselaer Train Station
Local Financial Insights For Multifamily LT 5
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 | $45.6k | $19.80 |
| − Vacancy | −$2.5k | −$1.09 |
| EGI | $43.1k | $18.71 |
| − OpEx | −$12.9k | −$5.61 |
| NOI | $30.2k | $13.10 |
2,304 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$431.1K
$377.2K – $503.0K
NOI $30,177 @ 7.0% cap · market cap 5.25%
Second Best
Retail
$418.5K
$366.2K – $488.2K
NOI $29,294 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$576.0K
$504.0K – $672.0K
NOI $40,317 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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
FAQs
What type of property is this?
Duplex - Well-maintained mixed-use property with two fully rented residential units and a lower-level commercial space with its own address.
Where is this duplex located?
The property is located at 2 Sunset Road North Greenbush, NY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Mixed‑use property with two fully rented residential units plus a lower‑level commercial space with its own separate address; Basement offers potential rental opportunity with 1 full bathroom and estimated monthly rent of $1,500; East Greenbush School District; minutes to shopping, restaurants, major highways, HVCC, Regeneron, and Rensselaer Train Station
