Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Four-Unit Multifamily Investment Opportunity Title is generated by Realmo AI

    28 Pulaski Street, Amsterdam, NY 12010

    View on Map
    Claim this Listing
    For Sale
    $249,000

    Four-unit multifamily property with income potential.

    Type:Multi Family / Quadruplex
    Property size:
    3,240 SF
    Price / SF:
    $76/SF
    Added:
    Nov 6, 2025
    Days on Market:
    206
    Last Refresh:
    Mar 13 at 6:35 pm

    Property Features for 28 Pulaski Street

    General Information

    Standard status
    Active
    Size
    3,240 SF
    Property subtype
    Multi Family / Quadruplex

    Building Details

    Year Built
    1910

    We can help!

    Listing Contact
    Sarah Newton

    Listing agent Sarah Newton License #10401366893

    Listing office Schermerhorn Realty Group LLC

    Listing date Nov 6, 2025

    Source Compass

    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 Schermerhorn Realty Group LLC

    HighLights

    • Potential gross income of $58,000.
    • Four‑unit multi‑family property suitable for investment or owner‑occupancy.
    • Separate electric meters for each unit, minimizing owner expenses.
    • One unit recently completely remodeled.
    • Two units are currently occupied.
    • Opportunity to update two vacant units to increase rental income.

    Overview

    This four-unit multifamily property presents an investment opportunity, suitable for portfolio expansion or owner-occupancy. One unit has been recently remodeled. Two units are currently occupied, while the remaining two await minor updates. The property has the potential to generate a gross income of $58,000. Each unit is equipped with its own electric meter, minimizing expenses for the owner. The property size is 3240 square feet.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Amsterdam
    County
    Montgomery
    State
    New York
    Longitude
    -74.178363
    Latitude
    42.9350494

    Nearby Similar for Sale

    • $125,000
      3,807 SF

      Versatile Commercial Space Near Train

      3,800+ SF commercial space ideal for manufacturing or storage.
      8 Yeoman Street, Amsterdam, NY 12010
      View Details
    • $230,000
      3,024 SF

      Meticulously Maintained Historic Residence

      Cherished historic home with original details and rare double lot.
      357 Division Street, Amsterdam, NY 12010
      View Details
    • $265,000
      2,294 SF

      Charming Two-Family Home

      Two-unit home with modern upgrades and desirable amenities.
      22-24 Kreisel Terrace, Amsterdam, NY 12010
      View Details
    • $180,000
      8,760 SF

      Spacious Light-Industrial Building on NY-5

      8,760 sq ft commercial building with high-traffic visibility.
      397 West Main Street, Amsterdam, NY 12010
      View Details
    • $340,000
      10,085 SF

      Historic Amsterdam Property for Renovation

      Charming property in Amsterdam, NY, offering unique renovation potential.
      49 E Main Street, Amsterdam, NY 12010
      View Details
    • $169,000
      2,460 SF

      Spacious Two-Family Home Opportunity

      Two-family home with flexible living options and convenient location.
      74 James St, Amsterdam, NY 12010
      View Details
    • $699,900
      1,512 SF

      Equestrian Training Center Opportunity

      Equestrian training center with track, arenas, and boarding facilities.
      802 QUEEN ANN ROAD, Amsterdam, NY 12010
      View Details
    • $169,000
      2,460 SF

      Spacious Two-Family Home For Sale

      Two-unit property with flexible living options and income potential.
      74 James Street, Amsterdam, NY 12010
      View Details
    • $160,000
      2,856 SF

      Amsterdam Duplex: Investor or Owner

      Duplex in Amsterdam, perfect for investors or owner-occupiers.
      3 Henrietta Street, Amsterdam, NY 12010
      View Details
    • $195,000
      2,458 SF

      Remodeled Two-Family Home, Amsterdam

      Recently remodeled two-family home in Amsterdam, great investment opportunity.
      225-227 Grand Street, Amsterdam, NY 12010
      View Details
    • $75,000
      1,908 SF

      Two-Family House with Three-Car Garage

      Two-family house in Amsterdam, NY, with rehab potential.
      158 Forbes Street, Amsterdam, NY 12010
      View Details
    • $95,000
      1,008 SF

      Amsterdam Duplex: Income Potential

      Two-unit duplex in Amsterdam, NY, ideal for investment.
      4 1/2 Hibbard Street, Amsterdam, NY 12010
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property with income potential.
    Where is this quadplex located?
    The property is located at 28 Pulaski Street Amsterdam, NY.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: Potential gross income of $58,000.; Four‑unit multi‑family property suitable for investment or owner‑occupancy.; Separate electric meters for each unit, minimizing owner expenses.
    (518) 812-7178
    We can help!
    Listing Contact
    Sarah Newton
    Real Estate License ID: 10401366893
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    28 Pulaski Street, Amsterdam, NY 12010
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!