Updated Two-Unit
For Sale
$208,989
Pending
206 Mohawk Street, Cohoes, NY 12047
Two comparable apartments offer refreshed interiors, private kitchens, and efficient layouts for flexible ownership.
Property Size1,120 SF
Days on Market102
Property Features for 206 Mohawk Street
General Information
Standard status
Pending
Size
1,120 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Taxes and HOA fees
Annual Taxes
$2,700
Building Details
Year Built
1880
Listing Agency:
Miranda Real Estate Group Inc
Listed By:
Alysha Rizzicone
(518) 728-9615
Source:
Capmarkrealty
Added: Jul 11
Changed: Oct 4
Last Checked: Oct 20 at 5:55PM
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 Miranda Real Estate Group Inc
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 1,120 square feet and was built in 1880. Each apartment provides two bedrooms, one full bathroom, a full kitchen with a range and refrigerator, plus a combined living and dining area. Interior improvements include new paint, updated flooring, built-in shelving, refreshed kitchens, and renovated bathrooms.
Located at 206 Mohawk Street in Cohoes, the property offers access to I-787 and major Capital Region commuter routes. The matching unit layouts provide a consistent configuration across both apartments, with updated finishes and essential kitchen appliances already in place.
Located at 206 Mohawk Street in Cohoes, the property offers access to I-787 and major Capital Region commuter routes. The matching unit layouts provide a consistent configuration across both apartments, with updated finishes and essential kitchen appliances already in place.
Key Highlights
- Two‑unit duplex at 206 Mohawk Street, Cohoes, NY 12047
- Each apartment includes 2 bedrooms and 1 full bath
- Both units feature full kitchens with ranges and refrigerators
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,932
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,640
$258.6K
Cap Rate 7%
$184,743
$184.7K
Cap Rate 9%
$143,689
$143.7K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$19.5K $17.40/SF
− Vacancy
−$1.0K −$0.90/SF
EGI
$18.5K $16.50/SF
− OpEx
−$5.5K −$4.95/SF
NOI
$12.9K $11.55/SF
Area
Albany County, NY
Vacancy
5.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,640
Cap Rate 7%
$184,743
Cap Rate 9%
$143,689
Alternative Uses
Best Use
Multifamily LT 5
$184.7K
$161.7K – $215.5K
NOI $12,932 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$170.9K
$149.5K – $199.4K
NOI $11,963 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$349.5K
$305.8K – $407.7K
NOI $24,464 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
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Business Placement
Demographics for 12047, NY
23,347
Population
10,963
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
2,653
Density / Sq Mi
$66,970
Median Household Income
$46,476
Median Earnings
$1,213
Median Rent
$237,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two comparable apartments offer refreshed interiors, private kitchens, and efficient layouts for flexible ownership.
Where is this duplex located?
The property is located at 206 Mohawk Street Cohoes, NY.
What is the asking price?
The asking price for this property is $208,989.
What are key features of this property?
This property features: Two‑unit duplex at 206 Mohawk Street, Cohoes, NY 12047; Each apartment includes 2 bedrooms and 1 full bath; Both units feature full kitchens with ranges and refrigerators
