Two-Family
For Sale
$259,000
41 Pulver Avenue, Ravena, NY 12143
Two separate three-bedroom units offer flexible occupancy and rental use.
Property Size2,016 SF
Price / SF$128.47
Days on Market99
Property Features for 41 Pulver Avenue
General Information
Standard status
Active
Size
2,016 SF
Property subtype
Multi-family
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Building Details
Year Built
1900
Buildings
1
Listing Agency:
McDonald Real Estate Comp LLC
Listed By:
Heather J Morra · License #10401362691
(917) 575-8112
Source:
Signatureonerealtygroup
Added: Jul 5
Changed: Oct 11
Last Checked: Oct 11 at 9:09AM
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 McDonald Real Estate Comp LLC
Investment Insights
Based on property information with market context.
This duplex contains two residential units, each with three bedrooms, within a 2,016-square-foot property. The upper apartment includes carpeting, a stove, and washer/dryer connections. The lower apartment also provides three bedrooms, while laundry hookups are located in the basement.
The property is situated in Ravena near Main Street and within a few blocks of Mosher Park. Park amenities include a pool complex, picnic pavilions, tennis courts, and basketball courts, providing neighborhood recreational options for village residents.
The property is situated in Ravena near Main Street and within a few blocks of Mosher Park. Park amenities include a pool complex, picnic pavilions, tennis courts, and basketball courts, providing neighborhood recreational options for village residents.
Key Highlights
- Two‑family duplex with two three‑bedroom units
- 2,016 square feet of property size
- Upper unit includes carpeting, stove, and washer/dryer connections
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,278
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,560
$465.6K
Cap Rate 7%
$332,543
$332.5K
Cap Rate 9%
$258,644
$258.6K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$35.1K $17.40/SF
− Vacancy
−$1.8K −$0.90/SF
EGI
$33.3K $16.50/SF
− OpEx
−$10.0K −$4.95/SF
NOI
$23.3K $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 Rate 5%
$465,560
Cap Rate 7%
$332,543
Cap Rate 9%
$258,644
Alternative Uses
Best Use
Multifamily LT 5
$332.5K
$291.0K – $388.0K
NOI $23,278 @ 7.0% cap · market cap 8.99%
Second Best
Apartment 5plus
$307.6K
$269.2K – $358.9K
NOI $21,534 @ 7.0% cap · market cap 8.31%
Theoretical Best
Office A
$629.1K
$550.5K – $733.9K
NOI $44,036 @ 7.0% cap · market cap 17.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Explore this area
Business Placement
Demographics for 12143, NY
4,903
Population
2,523
Households
1.9
Avg Household Size
42
Median Age
27%
College-Educated
90%
High-School Grad
19.1 sq mi
ZIP Area
257
Density / Sq Mi
$89,450
Median Household Income
$41,458
Median Earnings
$1,022
Median Rent
$222,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two separate three-bedroom units offer flexible occupancy and rental use.
Where is this duplex located?
The property is located at 41 Pulver Avenue Ravena, NY.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Two‑family duplex with two three‑bedroom units; 2,016 square feet of property size; Upper unit includes carpeting, stove, and washer/dryer connections
