29 Railroad Avenue, Chatham, NY 12037
MULTI_FAMILY - Chatham, NY
- Added:
- Feb 4, 2025
- Days on Market:
- 494
- Last Refresh:
- Jun 13 at 6:06 am
Property Features for 29 Railroad Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi Family
- Bedrooms
- 3
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 2, Basement
- Parking features
- Driveway, Off Street
- Patio and Porch features
- Deck, Porch
- Interior features
- High Speed Internet
- Exterior features
- Private Yard
- Fencing
- Gate
- Basement
- Unfinished, Partial
- Appliances
- Water Heater, Refrigerator, Range, Electric Water Heater
- Standard status
- Active Under Contract
- APN
- 66.10-1-43
- Size
- 2,389 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5488
Utilities
- Sewer type
- Public Sewer
- Heating system
- Propane (Heating), Forced Air, Oil, Radiant Floor, Baseboard, Radiant
- Water source
- Public
Building Details
- Year built
- 1820
- Number of units
- 3
- Flooring type
- Wood, Vinyl, Carpet
- Building materials
- Frame, Vinyl Siding
- Roof type
- Rolled Hot Mop, Asphalt
Listing agent Philip Feiner (212) 495-9927
Listing office Country Life Real Estate, LLC 962 Route 203, Chatham, NY (518) 392-6600
Listing date Feb 4, 2025
Copyright © 2026 Hudson Valley Catskill Region MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied three‑unit building in Chatham, with the option to rent all units or occupy one
- Ample off‑street parking plus driveway and gate‑fenced back yard
- Front porch and deck/patio area for outdoor space
- Public water and public sewer service
- Heating includes forced air, propane and oil, plus radiant floor and baseboard systems
- Year built 1820; frame construction with vinyl siding and asphalt/rolled hot mop roofing
Overview
Local 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 | $38.7k | $16.20 |
| − Vacancy | −$2.1k | −$0.89 |
| EGI | $36.6k | $15.31 |
| − OpEx | −$11.0k | −$4.59 |
| NOI | $25.6k | $10.72 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chatham
- County
- Columbia
- State
- New York
- Longitude
- -73.595406
- Latitude
- 42.362228
