Two-Unit Duplex with Off-Street
725 Curry Road, Rotterdam, NY 12306
For Sale
$234,900
Pending
The first-floor residence is vacant, while the upper unit is occupied under a month-to-month lease.
Property Size1,309 SF
Days on Market55
Property Features for 725 Curry Road
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Year Built
Listing Agency:
Epik Realty Group LLC
(518) 598-9907
Listed By:
Wendy Foshee · License NY #10401330652
(518) 858-1129
Source:
Simplywoodardrealestate
Added: Sep 16
Changed: Nov 8
Last Checked: Nov 9 at 1:57PM
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 Epik Realty Group LLC
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Investment Insights
Based on property information with market context.
This two-unit duplex in the Mohonasen School District was built in 1930 and contains 1,309 square feet. The ground-floor unit has two bedrooms and one full bathroom and is vacant. Upstairs, a one-bedroom unit with one full bathroom is occupied by a tenant on a month-to-month lease. The property is being sold as-is.
Off-street parking serves the two units. The property is located in Rotterdam, New York.
Off-street parking serves the two units. The property is located in Rotterdam, New York.
Key Highlights
- Two units: a vacant first‑floor residence with 2 bedrooms and 1 full bath, plus an upper unit with 1 bedroom and 1 full bath
- Upper unit occupied on a month‑to‑month lease
- 1,309 square feet; built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,907
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,140
$298.1K
Cap Rate 7%
$212,957
$213.0K
Cap Rate 9%
$165,633
$165.6K
Market Conditions
NOI Build-Up for 1,309 SF
Gross rent
$22.8K $17.40/SF
− Vacancy
−$1.5K −$1.13/SF
EGI
$21.3K $16.27/SF
− OpEx
−$6.4K −$4.88/SF
NOI
$14.9K $11.39/SF
Area
Schenectady County, 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%
$298,140
Cap Rate 7%
$212,957
Cap Rate 9%
$165,633
Alternative Uses
Best Use
Multifamily LT 5
$213.0K
$186.3K – $248.5K
NOI $14,907 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$191.0K
$167.1K – $222.9K
NOI $13,371 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$391.8K
$342.8K – $457.1K
NOI $27,426 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
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Business Placement
Demographics for 12306, NY
26,935
Population
12,481
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
43.9 sq mi
ZIP Area
614
Density / Sq Mi
$80,583
Median Household Income
$46,702
Median Earnings
$1,221
Median Rent
$212,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Schenectady County, NY
Properties on Market for Duplexes in Schenectady County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The first-floor residence is vacant, while the upper unit is occupied under a month-to-month lease.
Where is this duplex located?
The property is located at 725 Curry Road Rotterdam, NY.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: Two units: a vacant first‑floor residence with 2 bedrooms and 1 full bath, plus an upper unit with 1 bedroom and 1 full bath; Upper unit occupied on a month‑to‑month lease; 1,309 square feet; built in 1930
