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Property profile & analytics
OFF-MARKET
Banks

91 Remsen St Cohoes, NY 12047-2835

7,040 SF 0.06 ac lot Built 1963
Individually Owned 13-yr Hold Free & Clear
Property ID
US63-5621721
Property summary
AI-generated overview

This exceptional mixed-use property, located at 91 Remsen Street, Unit 91, in the vibrant city of Cohoes, New York, presents a compelling investment opportunity. Situated on a 0.06-acre lot, this property offers significant potential for a variety of uses, given its mixed-use zoning classification. The asking price is $450,000. While the precise square footage is currently unavailable, the property's size and location within Cohoes suggest strong potential for rental income or owner-occupancy. The address, 91 Remsen Street, Unit 91, Cohoes, NY, places this property in a convenient and accessible area, likely benefiting from good visibility and proximity to local amenities and transportation routes. Further due diligence is recommended to determine the precise square footage and to fully assess the property's potential for development or renovation. This property is being offered as-is, and interested parties are encouraged to conduct their own independent inspections and assessments to confirm all aspects of the property's condition and suitability for their intended use. The 0.06-acre lot size provides ample space for potential expansion or outdoor use, depending on zoning regulations and permitted uses. This is a rare opportunity to acquire a mixed-use property in a desirable location, offering a strong return on investment for the discerning buyer. Serious inquiries only.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1963
Total area 7,040 SF
Lot 0.06 ac (2,500 SF)
Zoning code 05 - COMMERCIAL
APN 010300 10.59-1-24
UPID US63-5621721
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Community Closet Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
John P Nolan · 13 yrs held
John P Nolan
since 2012
1 recorded transaction
2012
$74,500
Zoning & alternative use
05 - COMMERCIAL · Cohoes, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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