Duplex with Garage and
For Sale
$299,000
Pending
4 Orford Street, Colonie, NY 12205
Two residential units offer distinct layouts, hardwood flooring, refreshed interiors, and access to a private backyard.
Property Size1,541 SF
Days on Market51
Property Features for 4 Orford Street
General Information
Standard status
Pending
Size
1,541 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR+bonus, 1 x 1BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,161
Amenities
private backyard
Building Details
Year Built
1920
Buildings
1
Listing Agency:
J Paul Realty Group LLC
Listed By:
Breanna Mitola
(518) 669-0979
Source:
Capmarkrealty
Added: Aug 28
Changed: Oct 6
Last Checked: Oct 16 at 6:19AM
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 J Paul Realty Group LLC
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Investment Insights
Based on property information with market context.
This duplex contains 1,541 square feet across two residential units. The first floor includes two bedrooms and a bonus room, while the upper unit provides a one-bedroom layout. Hardwood flooring runs through both units, complemented by fresh paint and new appliances. The property was built in 1920 and has received several exterior and site improvements, including a new roof, updated vinyl siding, and a newly paved driveway.
Outdoor features include a private backyard and a two-car garage that provides additional parking and storage. The property is located at 4 Orford Street in Colonie, within the South Colonie School District.
Outdoor features include a private backyard and a two-car garage that provides additional parking and storage. The property is located at 4 Orford Street in Colonie, within the South Colonie School District.
Key Highlights
- Two‑unit duplex totaling 1,541 square feet
- First‑floor unit has 2 bedrooms plus a bonus room
- Second‑floor unit features a 1‑bedroom layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,549
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,980
$351.0K
Cap Rate 7%
$250,700
$250.7K
Cap Rate 9%
$194,989
$195.0K
Market Conditions
NOI Build-Up for 1,541 SF
Gross rent
$26.8K $17.40/SF
− Vacancy
−$1.7K −$1.13/SF
EGI
$25.1K $16.27/SF
− OpEx
−$7.5K −$4.88/SF
NOI
$17.5K $11.39/SF
Area
Albany, NY
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,980
Cap Rate 7%
$250,700
Cap Rate 9%
$194,989
Alternative Uses
Best Use
Multifamily LT 5
$250.7K
$219.4K – $292.5K
NOI $17,549 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$224.9K
$196.8K – $262.4K
NOI $15,741 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$406.6K
$355.7K – $474.3K
NOI $28,459 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,002
Businesses Nearby
Explore this area
Business Placement
Demographics for 12205, NY
27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer distinct layouts, hardwood flooring, refreshed interiors, and access to a private backyard.
Where is this duplex located?
The property is located at 4 Orford Street Colonie, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,541 square feet; First‑floor unit has 2 bedrooms plus a bonus room; Second‑floor unit features a 1‑bedroom layout
