Duplex with New
For Sale
$269,900
Pending
258 Central Avenue, Cohoes, NY 12047
MULTI_FAMILY - Other - Cohoes, NY
Property Size2,040 SF
Lot Size0.19 Acres
Days on Market56
Property Features for 258 Central Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 1
Parking
2
Parking features
Garage
Security features
Security System
Patio and Porch features
Patio
Interior features
Wall Paneling, Paddle Fan
Basement
Full, Unfinished
Lot features
Level, Landscaped, Road Frontage, Cleared
Elementary school district
Cohoes
Middle school district
Cohoes
High school district
Cohoes
Directions
787 to Tibbits Ave, R on Cohoes Ave, Left on Bridge St, R on Lincoln, L on Empire State Trail, L on Central
Standard status
Pending
APN
010300 20.8-2-7
Size
2,040 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
4556
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating), Baseboard
Water source
Public
Amenities
enclosed front porches
Building Details
Year built
1880
Number of units
2
Flooring type
Hardwood, Tile - Ceramic, Carpet
Building materials
Clapboard, Wood Siding
Roof type
Flat
Architectural style
Other
Listing Agency:
The Falvey Real Estate Group Ltd
(518) 452-3912
Listed By:
James W Rosenberger · License #40RO1132254
(518) 542-1430
Added: Jun 9
Changed: Jul 31
Last Checked: Aug 3 at 8:06AM
MLS# 202619427
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 well maintained two-family duplex offers a practical layout for both owner-occupant living and rental use. The first floor includes two bedrooms and a den that could be converted into a third bedroom, while the second floor features a three-bedroom unit. Both units include hardwood floors and enclosed front porches. Interior finishes include wall paneling, paddle fans, and a mix of hardwood, tile, and carpet flooring. Heating is natural gas hot water with baseboard, and a new boiler was installed in 2022 to heat both units and provide on-demand hot water for both.
Set on a 0.19-acre lot (2,040 SF), the property includes a patio and a two-car detached garage that is sold as-is. Water and sewer service are public, supporting straightforward operations for a duplex.
Built in 1880, this is a long-held family home opportunity in a quiet area of Cohoes, with proximity to the Cohoes bike trail described in the remarks.
Set on a 0.19-acre lot (2,040 SF), the property includes a patio and a two-car detached garage that is sold as-is. Water and sewer service are public, supporting straightforward operations for a duplex.
Built in 1880, this is a long-held family home opportunity in a quiet area of Cohoes, with proximity to the Cohoes bike trail described in the remarks.
Key Highlights
- 0.19‑acre lot and 2,040 SF duplex layout
- Built in 1880
- New boiler installed in 2022 heats both units and provides on‑demand hot water
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 | $35.5k | $17.40 |
| − Vacancy | −$1.8k | −$0.90 |
| EGI | $33.7k | $16.50 |
| − OpEx | −$10.1k | −$4.95 |
| NOI | $23.6k | $11.55 |
2,040 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$336.5K
$294.4K – $392.6K
NOI $23,555 @ 7.0% cap · market cap 8.73%
Second Best
Apartment 5plus
$311.3K
$272.4K – $363.2K
NOI $21,790 @ 7.0% cap · market cap 8.07%
Theoretical Best
Office A
$636.6K
$557.0K – $742.7K
NOI $44,560 @ 7.0% cap · market cap 16.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well maintained two-family duplex with enclosed front porches, hardwood floors, and a large yard.
Where is this duplex located?
The property is located at 258 Central Avenue Cohoes, NY.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 0.19‑acre lot and 2,040 SF duplex layout; Built in 1880; New boiler installed in 2022 heats both units and provides on‑demand hot water
