Mixed-Use Property with
For Sale
$250,000
2443-2447 NY-67, Johnsonville, NY 12094
Commercial Sale, Johnsonville, NY
Property Size2,298 SF
Lot Size1.00 Acre
Price / SF$108.79
Days on Market54
Property Features for 2443-2447 NY-67
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Mixed
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
20
Parking features
Off Street
Patio and Porch features
Porch
Interior features
High Speed Internet, Built-in Features
Exterior features
Lighting
Basement
Unfinished, Full
Lot features
Road Frontage, Level
Elementary school
Hoosic Valley
High school
Hoosic Valley
Elementary school district
Hoosic Valley
Middle school district
Hoosic Valley
High school district
Hoosic Valley
Directions
State Route 67 to Johnsonville, NY across from Post Office.
Standard status
Active
APN
383689 24.-1-1
Size
2,298 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Annual Amount
3087
Utilities
Sewer type
Septic Tank
Heating system
Hot Water(Heating), Oil, Forced Air, Space Heater, Propane (Heating)
Water source
Well
Building Details
Year built
1949
Floors in Building
2
Flooring type
Hardwood, Linoleum, Wood
Building materials
Frame, Wood Siding
Roof type
Metal, Asphalt
Listing Agency:
Berkshire Hathaway Home Services Blake · Berkshire Hathaway HomeServices
(518) 687-2222
Listed By:
Raymond A Tinkham · License #10301207686
(518) 892-9427
Added: Jul 26
Changed: Sep 12
Last Checked: Sep 17 at 6:06AM
MLS# 202622632
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.
Investment Insights
Based on property information with market context.
This mixed-use property combines commercial and residential space on a 1-acre parcel. The main building provides approximately 1,150 square feet of open interior area with a restroom, while the upper level contains a three-bedroom, one-bath apartment. A separate mini-strip component adds retail and office space. Hardwood, linoleum, and wood flooring are present, along with frame construction, wood siding, exterior lighting, and a porch.
The property is positioned along State Route 67 in Johnsonville, New York, with off-street parking for more than 20 vehicles. The site is served by a private well and septic tank. Built in 1949, the property has mixed zoning and includes high-speed internet and built-in features.
The property is positioned along State Route 67 in Johnsonville, New York, with off-street parking for more than 20 vehicles. The site is served by a private well and septic tank. Built in 1949, the property has mixed zoning and includes high-speed internet and built-in features.
Key Highlights
- 1‑acre parcel with a 2,298‑square‑foot mixed‑use property
- Main building includes approximately 1,150+/- square feet of open space and a restroom
- Upper‑level apartment has three bedrooms and one bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,750
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$455,000
$455.0K
Cap Rate 7%
$325,000
$325.0K
Cap Rate 9%
$252,778
$252.8K
Market Conditions
NOI Build-Up for 2,298 SF
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.
Gross rent
$41.4K $18.00/SF
− Vacancy
−$5.0K −$2.16/SF
EGI
$36.4K $15.84/SF
− OpEx
−$13.7K −$5.94/SF
NOI
$22.8K $9.90/SF
Area
Rensselaer County, NY
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$455,000
Cap Rate 7%
$325,000
Cap Rate 9%
$252,778
Alternative Uses
Best Use
Retail
$417.4K
$365.2K – $487.0K
NOI $29,218 @ 7.0% cap · market cap 11.69%
Second Best
Mixed Use
$325.0K
$284.4K – $379.2K
NOI $22,750 @ 7.0% cap · market cap 9.10%
Theoretical Best
Office A
$574.5K
$502.7K – $670.2K
NOI $40,212 @ 7.0% cap · market cap 16.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 12094, NY
2,337
Population
846
Households
2.8
Avg Household Size
43
Median Age
30%
College-Educated
92%
High-School Grad
31.7 sq mi
ZIP Area
74
Density / Sq Mi
$101,087
Median Household Income
$54,789
Median Earnings
$240,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail, office, and residential components are supported by off-street parking and a mixed zoning designation.
Where is this mixed-use property located?
The property is located at 2443-2447 NY-67 Johnsonville, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1‑acre parcel with a 2,298‑square‑foot mixed‑use property; Main building includes approximately 1,150+/- square feet of open space and a restroom; Upper‑level apartment has three bedrooms and one bathroom
