Side-by-Side
New
For Sale
$494,900
5 Leach Avenue, Colonie, NY 12205
MultiFamily, Colonie, NY
Property Size1,636 SF
Lot Size0.27 Acres
Price / SF$302.51
Days on Market2
Property Features for 5 Leach Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3
Parking
5
Parking features
Driveway
Basement
Sump Pump, Unfinished
Lot features
Level, Wooded, Cleared
High school
Colonie Central HS
Elementary school district
South Colonie
Middle school district
South Colonie
High school district
South Colonie
Directions
Sand Creek Road, left on Osborne Road, right on Leach Ave. #5 is on right.
Standard status
Active
APN
012689 53.7-8-28
Size
1,636 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Annual Amount
7465
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Natural Gas
Cooling system
Ductless
Water source
Public
Building Details
Year built
1955
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Vinyl Siding
Roof type
Asphalt, Shingle
Architectural style
Other
Listing Agency:
Coldwell Banker Prime Properties · Coldwell Banker Real Estate
(518) 439-9600
Listed By:
Bahrija Basic · License #10401361924
(518) 331-6443
Added: Oct 19
Last Checked: Oct 20 at 12:06AM
MLS# 202628504
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,636-square-foot duplex contains two side-by-side residences on a 0.27-acre lot. One residence has three bedrooms and one-and-a-half baths; the other has two bedrooms and one-and-a-half baths. Both have updated kitchens and bathrooms, main-floor laundry, natural gas baseboard heat, and ductless air conditioning. Hardwood and tile flooring are among the interior finishes. The property has undergone interior and exterior renovations, including work to the roof, gutters, siding, windows, driveway, and mechanical systems.
Built in 1955, the property has vinyl siding, an asphalt shingle roof, public water and sewer, and driveway parking. It is located on Leach Avenue in Colonie, near shopping, dining, schools, and major roadways.
Built in 1955, the property has vinyl siding, an asphalt shingle roof, public water and sewer, and driveway parking. It is located on Leach Avenue in Colonie, near shopping, dining, schools, and major roadways.
Key Highlights
- Two side‑by‑side residences in a 1,636‑square‑foot duplex
- 0.27‑acre lot in Colonie
- Three‑bedroom, one‑and‑a‑half‑bath residence paired with a two‑bedroom, one‑and‑a‑half‑bath residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,631
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,620
$372.6K
Cap Rate 7%
$266,157
$266.2K
Cap Rate 9%
$207,011
$207.0K
Market Conditions
NOI Build-Up for 1,636 SF
Gross rent
$28.5K $17.40/SF
− Vacancy
−$1.9K −$1.13/SF
EGI
$26.6K $16.27/SF
− OpEx
−$8.0K −$4.88/SF
NOI
$18.6K $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%
$372,620
Cap Rate 7%
$266,157
Cap Rate 9%
$207,011
Alternative Uses
Best Use
Multifamily LT 5
$266.2K
$232.9K – $310.5K
NOI $18,631 @ 7.0% cap · market cap 3.76%
Second Best
Apartment 5plus
$238.7K
$208.9K – $278.5K
NOI $16,711 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$431.6K
$377.7K – $503.6K
NOI $30,214 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
289
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Two residences provide a three-bedroom layout and a two-bedroom layout, each with one-and-a-half baths.
Where is this duplex located?
The property is located at 5 Leach Avenue Colonie, NY.
What is the asking price?
The asking price for this property is $494,900.
What are key features of this property?
This property features: Two side‑by‑side residences in a 1,636‑square‑foot duplex; 0.27‑acre lot in Colonie; Three‑bedroom, one‑and‑a‑half‑bath residence paired with a two‑bedroom, one‑and‑a‑half‑bath residence
