8 Garner Street, Cohoes, NY 12047
Profitable laundromat with updated apartments in Cohoes, NY.
- Added:
- Jan 7, 2026
- Days on Market:
- 157
- Last Refresh:
- Apr 5 at 9:11 pm
Property Features for 8 Garner Street
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 0.06 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1916
Listing agent STEVE DAVIS License #37DA0833034
Listing office REALTY RESOURCE CONNECTION (518) 438-2108
Listing date Jan 7, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of REALTY RESOURCE CONNECTION
HighLights
- Turnkey, established, and profitable laundromat business
- Includes all equipment, security system, and inventory
- Laundromat operates automatically, requiring minimal owner involvement
- Two apartments included (3+BR & updated 3BR)
- Updated 3rd floor apartment and heating system
- Mixed‑use property built in 1916
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.8k | $18.00 |
| − Vacancy | −$2.7k | −$0.76 |
| EGI | $62.1k | $17.24 |
| − OpEx | −$18.6k | −$5.17 |
| NOI | $43.5k | $12.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cohoes
- County
- Albany
- State
- New York
- Longitude
- -73.7098
- Latitude
- 42.7783
