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Remodeled Cobleskill Multifamily Investment
For Sale
$325,000
Pending

642 MAIN Street, Cobleskill, NY 12043

MULTI_FAMILY - Other - Cobleskill, NY

Property Size4,120 SF
Lot Size0.10 Acres
Days on Market156

Property Features for 642 MAIN Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 16
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 16, Bedroom 5, Bedroom 8, Bedroom 11, Bedroom 12, Bedroom 6, Bedroom 7, Bedroom 4, Bathroom 3, Bedroom 13, Bedroom 2, Bathroom 5, Bedroom 9, Bathroom 4, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 14, Bedroom 3, Bedroom 10, Bedroom 15
Parking 2
Parking features Off Street
Interior features High Speed Internet
Basement Full
Lot features Road Frontage, Corner Lot
Elementary school district Cobleskill-Richmondville
Middle school district Cobleskill-Richmondville
High school district Cobleskill-Richmondville
Directions Main Street, corner of Spring Street
Standard status Pending
APN 432600 68.6-3-12
Size 4,120 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 5931

Utilities

Sewer type Public Sewer
Heating system Space Heater
Water source Public

Building Details

Year built 1928
Number of units 5
Flooring type Wood, Linoleum, Vinyl, Laminate
Building materials Vinyl Siding
Roof type Metal
Architectural style Other
Listing Agency: Country Boy Realty
Listed By: Matthew Loder · License #10311204132
Added: Mar 6 Changed: Jul 24 Last Checked: Aug 9 at 10:06AM
MLS# 202612931

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.

Investment Insights

Based on property information with market context.

This multifamily property features five apartments across two buildings. The property was remodeled in 2013 and 2014, with three units undergoing gut renovations. The property is located in central Cobleskill, within walking distance of local services. The property offers an investment opportunity with a gross annual rent exceeding $60,000 and a net operating income of $41,000. The building has a total area of 4,120 square feet and is situated on a 0.1-acre lot.

Key Highlights

  • Five apartments in two buildings
  • Totally remodeled in 2013 and 2014; three units were gut renovated
  • Gross rents over $60,000/year; net operating income of $41,000

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency HVAC Service Electrical Service Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

503
Businesses Nearby

Demographics for 12043, NY

7,883
Population
3,292
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
94%
High-School Grad
63.6 sq mi
ZIP Area
124
Density / Sq Mi
$73,006
Median Household Income
$33,227
Median Earnings
$853
Median Rent
$171,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five apartments in two buildings, remodeled with strong cash flow.
Where is this apartment building located?
The property is located at 642 MAIN Street Cobleskill, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Five apartments in two buildings; Totally remodeled in 2013 and 2014; three units were gut renovated; Gross rents over $60,000/year; net operating income of $41,000
More about this property
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