Two-Unit Updated
25 Lancaster Street Cohoes, NY 12047
New
25 Lancaster Street, Cohoes, NY, 12047
$229,900
For Sale
$229,900
MULTI_FAMILY - Cohoes, NY
Property Size1,890 SF
Lot Size0.05 Acres
Price / SF$121.64
Days on Market3
Property Features for 25 Lancaster Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1
- Basement
- Full
- Standard status
- Active
- APN
- 010300 10.66-5-25
- Size
- 1,890 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3882
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Baseboard
- Water source
- Public
Building Details
- Year built
- 1880
- Number of units
- 2
- Building materials
- Vinyl Siding
Listing agency
Gucciardo Real Estate LLC
(518) 221-9079
Listed by
Pavel Karakalchu · License #10401307281
(518) 728-6305
Added: Jul 20 Updated: Jul 21 at 4:09PM Checked: Jul 22 at 2:06AM
MLS# 202622280
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 updated two-unit duplex is offered vacant and move-in ready. The property includes two separate residential units: the first-floor unit has 2 bedrooms and 1 full bath, and the second-floor unit has 3 bedrooms and 1 full bath. Each unit also has its own private deck overlooking the backyard.
Located at 25 Lancaster Street in Cohoes, New York, the home is listed as a two-family residential income property in Albany County.
Recent improvements mentioned in the remarks include a new roof and siding, supporting a turnkey starting point for an owner-occupant or an investor seeking ready-to-rent flexibility.
Located at 25 Lancaster Street in Cohoes, New York, the home is listed as a two-family residential income property in Albany County.
Recent improvements mentioned in the remarks include a new roof and siding, supporting a turnkey starting point for an owner-occupant or an investor seeking ready-to-rent flexibility.
Key Highlights
- Two‑family property built in 1880 with public water and public sewer
- First‑floor unit: 2 bedrooms and 1 full bathroom
- Second‑floor unit: 3 bedrooms and 1 full bathroom
Local Financial Insights For Apartment 5plus
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 | $38.6k | $20.40 |
| − Vacancy | −$1.9k | −$0.98 |
| EGI | $36.7k | $19.42 |
| − OpEx | −$16.5k | −$8.74 |
| NOI | $20.2k | $10.68 |
1,890 SF · lease $20.40/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$311.8K
$272.8K – $363.7K
NOI $21,823 @ 7.0% cap · market cap 9.49%
Second Best
Apartment 5plus
$288.4K
$252.4K – $336.5K
NOI $20,188 @ 7.0% cap · market cap 8.78%
Theoretical Best
Office A
$589.8K
$516.0K – $688.1K
NOI $41,283 @ 7.0% cap · market cap 17.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated two-family duplex with separate decks for each unit and a vacant, move-in ready layout.
Where is this duplex located?
The property is located at 25 Lancaster Street Cohoes, NY.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Two‑family property built in 1880 with public water and public sewer; First‑floor unit: 2 bedrooms and 1 full bathroom; Second‑floor unit: 3 bedrooms and 1 full bathroom
