Three-Bedroom
New
For Sale
$269,999
217 6th Avenue, Watervliet, NY 12189
MultiFamily, Watervliet, NY
Property Size2,084 SF
Lot Size0.07 Acres
Price / SF$129.56
Days on Market1
Property Features for 217 6th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 1
Patio and Porch features
Porch
Fencing
Fenced, Chain Link
Basement
Unfinished, Full
Lot features
Level
Elementary school district
Watervliet
Middle school district
Watervliet
High school district
Watervliet
Directions
787 to Menands exit, turn right onto Broadway, left on 1st, right on 6th.
Standard status
Active
APN
011800 44.49-3-35
Size
2,084 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
3670
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Water source
Public
Amenities
hardwood floors
front porch
enclosed front sun porch
rear porch
fenced-in yard
full walk-up attic
separate laundry hookups in basement
street parking
Building Details
Year built
1930
Number of units
2
Flooring type
Hardwood
Building materials
Wood Siding
Roof type
Asphalt, Shingle
Architectural style
Other
Listing Agency:
Howard Hanna Capital Inc
(518) 371-4500
Listed By:
Nicole Wilkie · License #10301223997
(518) 221-4052
Added: Oct 30
Last Checked: Oct 30 at 1:06PM
MLS# 202629251
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,084-square-foot duplex contains two units, each with three bedrooms. Hardwood flooring, front porches, and an enclosed front sun porch add usable space, while a rear porch opens toward a fenced yard. A walk-up attic provides storage, and the basement has separate laundry hookups. The property also has two newer hot water heaters.
Built in 1930 on a 0.07-acre lot in Watervliet, the building has public water and sewer service. Albany, major highways, shopping, dining, and other Capital Region amenities are accessible from the area. Street parking is available.
Built in 1930 on a 0.07-acre lot in Watervliet, the building has public water and sewer service. Albany, major highways, shopping, dining, and other Capital Region amenities are accessible from the area. Street parking is available.
Key Highlights
- Two units, each with three bedrooms
- 2,084 square feet on a 0.07‑acre lot
- Enclosed front sun porch, additional porches, and a fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,063
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,260
$481.3K
Cap Rate 7%
$343,757
$343.8K
Cap Rate 9%
$267,367
$267.4K
Market Conditions
NOI Build-Up for 2,084 SF
Gross rent
$36.3K $17.40/SF
− Vacancy
−$1.9K −$0.90/SF
EGI
$34.4K $16.50/SF
− OpEx
−$10.3K −$4.95/SF
NOI
$24.1K $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%
$481,260
Cap Rate 7%
$343,757
Cap Rate 9%
$267,367
Alternative Uses
Best Use
Multifamily LT 5
$343.8K
$300.8K – $401.1K
NOI $24,063 @ 7.0% cap · market cap 8.91%
Second Best
Apartment 5plus
$318.0K
$278.3K – $371.0K
NOI $22,260 @ 7.0% cap · market cap 8.24%
Theoretical Best
Office A
$650.3K
$569.0K – $758.7K
NOI $45,521 @ 7.0% cap · market cap 16.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
234
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate basement laundry hookups complement two units with hardwood floors and porch access.
Where is this duplex located?
The property is located at 217 6th Avenue Watervliet, NY.
What is the asking price?
The asking price for this property is $269,999.
What are key features of this property?
This property features: Two units, each with three bedrooms; 2,084 square feet on a 0.07‑acre lot; Enclosed front sun porch, additional porches, and a fenced yard
