Modernized Mixed-Use
30 White Street Cohoes, NY 12047
30 White Street, Cohoes, NY, 12047
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For Sale
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Two-story, all-brick building featuring a first-floor office suite and a second-floor 3-bedroom apartment.
Property Size2,808 SF
Price / SF$133.55
Days on Market49
Property Features for 30 White Street
General Information
- Standard status
- Active
- Size
- 2,808 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1970
Listing agency
RE/MAX Solutions
(518) 318-3800
Listed by
Ferdinando Bruno · License #NY 10491208177
Source
Crexi
Added: Jun 4 Updated: Jul 22 at 3:33AM Checked: Jul 22 at 3:33AM
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 RE/MAX Solutions
Investment Insights
Based on property information with market context.
This two-story all-brick mixed-use building has been completely modernized and offers a first-floor office suite and a second-floor residential unit. The first floor includes a recently redone +/- 1,400 SF office suite with three street entrances plus a potential small storefront, configured with five offices and a basement area finished for filing storage or other use. The second floor provides an updated +/- 1,400 SF 3-bedroom, 1-bath apartment with two entrances and a 300 SF rooftop outdoor area.
The property is located on the corner of Main Street and White Street in Cohoes. It is surrounded by new development, including a new under-construction 28-unit apartment building across the street and a totally renovated 3-unit residential building next door. It is also only one block from Remsen St stores and restaurants.
Additional features include a 2-car garage with an electric overhead door that can support separate income or owner use, as well as extra stair access to the full basement for more storage. Heating and utilities are separately handled, with multi-zoned hot air heating and central air on the first floor, and separately metered hot water heat (gas) and electricity for the apartment. Floor plans are included with photos and documents.
The property is located on the corner of Main Street and White Street in Cohoes. It is surrounded by new development, including a new under-construction 28-unit apartment building across the street and a totally renovated 3-unit residential building next door. It is also only one block from Remsen St stores and restaurants.
Additional features include a 2-car garage with an electric overhead door that can support separate income or owner use, as well as extra stair access to the full basement for more storage. Heating and utilities are separately handled, with multi-zoned hot air heating and central air on the first floor, and separately metered hot water heat (gas) and electricity for the apartment. Floor plans are included with photos and documents.
Key Highlights
- All‑brick two‑story building (built 1970) with a first‑floor office suite and a second‑floor 3‑bedroom, 1‑bath apartment
- Recently redone +/- 1,400 SF first‑floor office has 3 street entrances, 5 offices, and a finished basement area for filing/storage or other use
- Second‑floor +/- 1,400 SF apartment includes two entrances and a 300 SF rooftop outdoor area
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 | $57.3k | $20.40 |
| − Vacancy | −$2.7k | −$0.98 |
| EGI | $54.5k | $19.42 |
| − OpEx | −$24.5k | −$8.74 |
| NOI | $30.0k | $10.68 |
2,808 SF · lease $20.40/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Office B
$619.5K
$542.1K – $722.8K
NOI $43,367 @ 7.0% cap · market cap 11.56%
Second Best
Apartment 5plus
$428.5K
$374.9K – $499.9K
NOI $29,993 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$876.2K
$766.7K – $1.02M
NOI $61,335 @ 7.0% cap · market cap 16.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two-story, all-brick building featuring a first-floor office suite and a second-floor 3-bedroom apartment.
Where is this mixed-use property located?
The property is located at 30 White Street Cohoes, NY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: All‑brick two‑story building (built 1970) with a first‑floor office suite and a second‑floor 3‑bedroom, 1‑bath apartment; Recently redone +/- 1,400 SF first‑floor office has 3 street entrances, 5 offices, and a finished basement area for filing/storage or other use; Second‑floor +/- 1,400 SF apartment includes two entrances and a 300 SF rooftop outdoor area