85 Lancaster Street Cohoes, NY 12047
Duplex with two 3-bedroom units, each featuring washer and dryer hookups.
Property Features for 85 Lancaster Street
General Information
- Standard status
- Active
- Size
- 2,222 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing office KW Platform
Listing date Jul 3, 2026
Source Signatureonerealtygroup
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Investment Insights
Based on property information with market context.
The property is located in Cohoes. Its duplex configuration provides two separate apartments within one building, which can appeal to investors seeking multiple rental streams.
With two sizable units and in-unit laundry hookups already in place, this duplex is positioned for straightforward residential income use.
Key Highlights
- Duplex with two 3‑bedroom apartments
- Each unit includes washer and dryer hookups
- Year built: 1900
Local Financial Insights For Apartment 5plus
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 | $45.3k | $20.40 |
| − Vacancy | −$2.2k | −$0.98 |
| EGI | $43.2k | $19.42 |
| − OpEx | −$19.4k | −$8.74 |
| NOI | $23.7k | $10.68 |
