Side-by-Side Duplex with Private
For Sale
$385,000
Pending
336 Columbia Street, Cohoes, NY 12047
MULTI_FAMILY - Cohoes, NY
Property Size2,810 SF
Lot Size0.46 Acres
Days on Market52
Property Features for 336 Columbia Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 2, Bathroom 3
Parking
9
Parking features
Driveway, Garage, Open
Window features
Insulated Windows
Patio and Porch features
Deck, Porch
Interior features
High Speed Internet
Fencing
Chain Link, Privacy
Basement
Full, Finished, Walk-Out Access
Lot features
Level, Corner Lot
Elementary school district
Cohoes
Middle school district
Cohoes
High school district
Cohoes
Directions
Latham Route 9 to Columbia St Extension (Route 9$) turns into Columbia St. Home at corner of Sunset Ct.
Standard status
Pending
APN
010300 10.14-2-6
Size
2,810 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Annual Amount
7982
Utilities
Sewer type
Public Sewer
Heating system
Radiant, Zoned, Natural Gas
Water source
Public
Building Details
Year built
1930
Number of units
2
Flooring type
Hardwood
Building materials
Vinyl Siding
Roof type
Asphalt, Shingle
Listing Agency:
Howard Hanna Capital Inc
(518) 371-4500
Listed By:
Victoria M Gettings · License #30GE0759241
(518) 209-8558
Added: Jul 9
Changed: Jul 24
Last Checked: Aug 29 at 4:06AM
MLS# 202621401
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.
A rare 2,810-square-foot side-by-side Dutch Colonial duplex on a tree-lined street, offering two distinct units with private basements. Each side includes three rooms upstairs for office or bedroom use, full baths, and private lower-level space with finished family rooms plus its own laundry and storage areas. The home is served by GHW radiant heat, and each unit has a private enclosed porch entrance. The owner side is currently unoccupied and features an open layout with a large living room, dining room, sun porch, an office with a half bath, and an original galley kitchen with stainless steel appliances. Additional storage is available through owners’ full attic access, use of two of the three garage stalls, and a garden shed. The rear yard provides a quiet enclosed outdoor area with deck space and established landscaping.
The property sits at the top of Cohoes Hill and is located on Columbia Street in Cohoes, NY. Public remarks note an open house scheduled for Saturday and Sunday from 12–3 PM, and convenience to schools, parks, and local amenities within an easy walk.
For buyers looking for an owner-occupant setup or a residential income property with functional separation, this duplex provides private utilities, dedicated basement amenities, and enclosed porch entries for each unit. The configuration supports a live-in-and-rent model while maintaining each side’s privacy and separate day-to-day spaces.
The property sits at the top of Cohoes Hill and is located on Columbia Street in Cohoes, NY. Public remarks note an open house scheduled for Saturday and Sunday from 12–3 PM, and convenience to schools, parks, and local amenities within an easy walk.
For buyers looking for an owner-occupant setup or a residential income property with functional separation, this duplex provides private utilities, dedicated basement amenities, and enclosed porch entries for each unit. The configuration supports a live-in-and-rent model while maintaining each side’s privacy and separate day-to-day spaces.
Key Highlights
- 2,810 sq. ft. side‑by‑side Dutch Colonial duplex (2 units) built in 1930
- Each unit includes 3 upstairs rooms for office/bedroom use, full baths, and private basements with finished family rooms plus laundry/storage
- Separate utilities and GHW radiant heat with natural gas heating; high‑speed internet available
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,446
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$648,920
$648.9K
Cap Rate 7%
$463,514
$463.5K
Cap Rate 9%
$360,511
$360.5K
Market Conditions
NOI Build-Up for 2,810 SF
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.
Gross rent
$48.9K $17.40/SF
− Vacancy
−$2.5K −$0.90/SF
EGI
$46.4K $16.50/SF
− OpEx
−$13.9K −$4.95/SF
NOI
$32.4K $11.55/SF
Area
Albany County, NY
Vacancy
5.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$648,920
Cap Rate 7%
$463,514
Cap Rate 9%
$360,511
Alternative Uses
Best Use
Multifamily LT 5
$463.5K
$405.6K – $540.8K
NOI $32,446 @ 7.0% cap · market cap 8.43%
Second Best
Apartment 5plus
$428.8K
$375.2K – $500.3K
NOI $30,015 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$876.8K
$767.2K – $1.02M
NOI $61,379 @ 7.0% cap · market cap 15.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
176
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 - Dutch Colonial duplex offers two separate residences with private basements, radiant heat, and enclosed porches.
Where is this duplex located?
The property is located at 336 Columbia Street Cohoes, NY.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 2,810 sq. ft. side‑by‑side Dutch Colonial duplex (2 units) built in 1930; Each unit includes 3 upstairs rooms for office/bedroom use, full baths, and private basements with finished family rooms plus laundry/storage; Separate utilities and GHW radiant heat with natural gas heating; high‑speed internet available
