Updated
New
For Sale
$349,000
5 Short Street, Cohoes, NY 12047
MultiFamily, Cohoes, NY
Property Size2,116 SF
Lot Size0.31 Acres
Price / SF$164.93
Days on Market2
Property Features for 5 Short Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 1
Exterior features
Outdoor Kitchen
Fencing
Fenced
Basement
Crawl Space, Full
Elementary school district
Cohoes
Middle school district
Cohoes
High school district
Cohoes
Directions
Take I-787 North toward Cohoes. Turn right onto Ontario Street, then right onto Linden Street. Turn right onto Short Street. Property will be on the right.
Standard status
Active
APN
010300 10.60-2-20
Size
2,116 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Annual Amount
3785
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard
Water source
Public
Building Details
Year built
1910
Number of units
2
Building materials
Aluminum Siding
Architectural style
Other
Additional Structures
Outdoor Kitchen
Listing Agency:
Real Broker NY LLC
(855) 450-0442
Listed By:
Saad Tai · License #10401373295
(518) 348-9535
Added: Oct 16
Changed: Oct 17
Last Checked: Oct 17 at 9:06PM
MLS# 202628397
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.
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Investment Insights
Based on property information with market context.
This Cohoes duplex contains 2,116 square feet across two updated residences, with a combined six bedrooms and two full bathrooms. One unit is vacant and the other is tenant-occupied. The property was built in 1910 and sits on a 0.31-acre lot.
Basement waterproofing work included installation of a new sump pump in April 2026. Public water and public sewer serve the property.
Basement waterproofing work included installation of a new sump pump in April 2026. Public water and public sewer serve the property.
Key Highlights
- Two‑unit duplex with 2,116 square feet
- Six bedrooms and two full bathrooms across the property
- One unit is vacant; the other is tenant‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,433
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,660
$488.7K
Cap Rate 7%
$349,043
$349.0K
Cap Rate 9%
$271,478
$271.5K
Market Conditions
NOI Build-Up for 2,116 SF
Gross rent
$36.8K $17.40/SF
− Vacancy
−$1.9K −$0.90/SF
EGI
$34.9K $16.50/SF
− OpEx
−$10.5K −$4.95/SF
NOI
$24.4K $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 Rate 5%
$488,660
Cap Rate 7%
$349,043
Cap Rate 9%
$271,478
Alternative Uses
Best Use
Multifamily LT 5
$349.0K
$305.4K – $407.2K
NOI $24,433 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$322.9K
$282.5K – $376.7K
NOI $22,602 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$660.3K
$577.8K – $770.3K
NOI $46,220 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
733
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is vacant, while the other is occupied by a tenant.
Where is this duplex located?
The property is located at 5 Short Street Cohoes, NY.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,116 square feet; Six bedrooms and two full bathrooms across the property; One unit is vacant; the other is tenant‑occupied
