Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Cohoes Multifamily Investment Opportunity Title is generated by Realmo AI

    40 Sargent Street, Cohoes, NY 12047

    View on Map
    Claim this Listing
    Pending
    $119,000

    MULTI_FAMILY - Other - Cohoes, NY

    Property size:
    1,540 SF
    Lot size:
    0.04 Acres
    Added:
    Dec 15, 2025
    Days on Market:
    158
    Last Refresh:
    May 21 at 11:06 pm

    Property Features for 40 Sargent Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 3
    Patio and Porch features
    Porch
    Fencing
    Chain Link
    Basement
    Full
    Standard status
    Pending
    APN
    010300 10.59-3-8
    Size
    1,540 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1329

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Space Heater, Hot Water(Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1880
    Number of units
    3
    Building materials
    Vinyl Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Steven King

    Listing agent Steven King License #10401290681

    Listing office Venture Fox Realty Group LLC 2390 Western Ave, Guilderland, NY

    Listing date Dec 15, 2025

    MLS# 202530836 Listing URL

    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.

    HighLights

    • Taxed as a multi‑family property with any 2 combinations.
    • Includes a 2‑family home with a 2 bedroom unit and a 3 bedroom unit.
    • Additional 2‑bedroom single‑family home on the same lot.
    • Built in 1880.
    • Public water and sewer connections.
    • Natural gas heating in the 2‑family unit.

    Overview

    This multifamily property in Cohoes, NY, presents an opportunity for investors. The property, taxed as a multifamily, includes a two-family home with a two-bedroom unit downstairs and a three-bedroom unit upstairs. Additionally, there is a separate two-bedroom single-family home on the same 0.04-acre lot. The single-family home is in need of significant repair and may be suitable for demolition. The two-unit building is currently occupied, and while both units could benefit from some improvements, the structure is sound. The total property size is approximately 1540 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon 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
    Cohoes
    County
    Albany
    State
    New York
    Longitude
    -73.703263
    Latitude
    42.773584

    Nearby Similar for Sale

    • $890,000
      7,500 SF

      Cohoes Office and Warehouse Building

      Office and warehouse building on 3 acres with abundant parking.
      601 Columbia St Extension, Cohoes, NY 12047
      View Details
    • $409,000
      3,840 SF

      Cohoes Four-Unit Income Property

      Fully occupied four-unit property in Cohoes, NY.
      94 Howard Street, Cohoes, NY 12047
      View Details
    • $329,999
      2,116 SF

      Renovated Duplex with Cash Flow

      Fully renovated duplex in Cohoes, NY with immediate cash flow.
      5 Short Street, Cohoes, NY 12047
      View Details
    • $399,000
      6,632 SF

      Cohoes Commercial Building For Sale

      Well-maintained commercial building with warehouse, garage, and office space.
      75 Jackson Avenue, Cohoes, NY 12047
      View Details
    • $699,000
      5,325 SF

      Cohoes Multifamily Investment Opportunity

      Six-unit multifamily property in Cohoes, NY with strong returns.
      112 Main Street, Cohoes, NY 12047
      View Details
    • $299,900
      2,300 SF

      Renovated Two-Family Property in Cohoes

      Completely renovated two-family property with modern finishes and flexible space.
      186 Main Street, Cohoes, NY 12047
      View Details
    • $240,000
      2,048 SF

      Cohoes Duplex with Income Potential

      Two-unit property in Cohoes, NY, ideal for investors.
      318 Saratoga Street, Cohoes, NY 12047
      View Details
    • $240,000
      1,496 SF

      Cohoes Multifamily Property For Sale

      Multifamily property in Cohoes, NY, ideal for investors.
      30 N Reservoir Street, Cohoes, NY 12047
      View Details
    • $550,000
      3,600 SF

      Mixed-Use Property with Laundromat

      Updated laundromat with apartments in Cohoes, NY.
      8 Garner Street, Cohoes, NY 12047
      View Details
    • $329,000
      2,251 SF

      Cohoes Two-Family Investment Opportunity

      Two-family property in Cohoes with spacious yard and hardwood floors.
      11 Miller Avenue, Cohoes, NY 12047
      View Details
    • $315,000
      4,624 SF

      Cohoes Four-Unit Apartment Building

      Fully occupied four-unit building in Cohoes, NY.
      68 Vliet Street, Cohoes, NY 12047
      View Details
    • $226,500
      2,144 SF

      Charming Two-Family Home in Cohoes

      Charming two-family home in a vibrant, convenient Cohoes location.
      21 Morris Street, Cohoes, NY 12047
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Multifamily property with potential for investors in Cohoes, NY.
    Where is this multifamily property located?
    The property is located at 40 Sargent Street Cohoes, NY.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: Taxed as a multi‑family property with any 2 combinations.; Includes a 2‑family home with a 2 bedroom unit and a 3 bedroom unit.; Additional 2‑bedroom single‑family home on the same lot.
    (518) 249-7468
    We can help!
    Listing Contact
    Steven King
    Real Estate License ID: 10401290681
    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
    40 Sargent Street, Cohoes, NY 12047
    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!