86 Remsen Street

Cohoes, NY 12047

$885,000
Price
5
Beds
4
Baths
4,532 Sq. Ft.
$195 / Sq. Ft.
4,532
Sq. Ft.
$195
per Sq. Ft.

Description

Beautiful brick 3-story mixed-use building located in historic Cohoes. Extraordinary investment opportunity w/ Estimated $100,000 + yearly income potential. poss. Owner Financing 1st. Fl: 1500 sq ft. Occupied Store front $2,000 per month base + % of net proceeds. 2nd Fl: 3-bedrm unit ready to lease, hardwood floors, new fixtures, updated kitchen & bath, freshly painted, walk-out balcony. Stunning, stylish & sophisticated upscale Top Floor: open/bright 2 bedrm, 2 bath, brick-walled living space, high-end...Beautiful brick 3-story mixed-use building located in historic Cohoes. Extraordinary investment opportunity w/ Estimated $100,000 + yearly income potential. poss. Owner Financing 1st. Fl: 1500 sq ft. Occupied Store front $2,000 per month base + % of net proceeds. 2nd Fl: 3-bedrm unit ready to lease, hardwood floors, new fixtures, updated kitchen & bath, freshly painted, walk-out balcony. Stunning, stylish & sophisticated upscale Top Floor: open/bright 2 bedrm, 2 bath, brick-walled living space, high-end appliances & fixtures, walk-out balcony. unit bringing in monthly income. All units pay own utilities. New windows&doors, roof recoated + garage & basement. Borders Canal Sq. Park. Walk to shops & dining. Quick to Albany & 30 min. to Saratoga. Area highlights: Cohoes Music Hall, Falls
  1. Listed by Laura Stasinski • Infinity Properties NY

Property Details for 86 Remsen Street

View
City
Architectural Style
Traditional
Zoning
Commercial
Waterfront
No
Parking Total
1.00
LISTING UPDATED: 11/23/2024 09:17 PM

Property Details for 86 Remsen Street

StatusActive
MLS #202422253
Days on Market125
Taxes$9,224 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1958
Lot Size0.05 AC / 2,178 SF
CountyAlbany County

Building Information for 86 Remsen Street

Stories-Residences-Year Built1958Building Size-Lot Size0.05 AC / 2,178 SF

Property Information for 86 Remsen Street

Summary
Location and General Information
  • Postal City: Remsen
  • Directions: I-787 N, left on to Ontario St, right on to Remsen Street, 100 ft. building on right
  • City: Cohoes
  • State Or Province: NY
  • Postal Code: 12047
  • County Or Parish: Albany
  • Latitude: 42.77
  • Longitude: -73.70
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 21.000
  • Tax Block: 1
  • Parcel Number: 010300 10.59-1-21
  • Tax Tract: 10.59
  • Tax Annual Amount: $9,223.82
Parking
  • GarageSpaces: 1.00
  • Attached Garage: Yes
  • Parking Features: Attached
School Information
  • School District: Cohoes
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Year Built: 1958
  • Lot Size Dimensions: 25x80
  • Above Grade Finished Area: 4532.0
  • Above Grade Finished Area Source: Public Records
  • Below Grade Finished Area: 500.0
  • Below Grade Finished Area Source: Owner
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2178.0
Building Information
  • Living Area: 4532.0
Utilities
  • Water Source: Public
  • Separate Utilities : Gas: Yes
  • Separate Utilities : Heat: Yes
  • Separate Utilities : Water Heater: Yes
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
Interior Features
  • Heating: Forced Air, Natural Gas
  • Roof: Rubber
  • Flooring: Tile, Hardwood
  • Electric: 200+ Amp Service
  • Basement: Partial, Slab, Unfinished
  • Construction Materials: Block, Brick
  • Cooling: Central Air, Wall Unit(s)
  • Cooling: Yes
  • Heating: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 4
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Notational: 4.00
  • Bedrooms Total: 5
  • Bathrooms Full: 4
  • Bathrooms Half: 0
Multi Family
Income & Expenses Information
  • Insurance Expense: $2,400.00
  • Income And Expenses : Rental Income: $100,000.00
  • Income And Expenses : Rental Income Description: Estimated
  • Income And Expenses : Insurance Expense: $2,400.00
  • Income And Expenses : Insurance Expense Description: Estimated
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 0
Unit 2
  • Unit Detail : Total Bedrooms: 3
Unit 3
  • Unit Detail : Total Bedrooms: 2
Rental
Rental Information
  • Tenant Pays: Heat, Internet, Electricity

Property History for 86 Remsen Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 86 Remsen Street

Taxable ValueLand$11,900Additions$133,900Total$145,800
Home Facts
Total Finished SqFt4,532 SqFtAbove Grade Finished SqFt4,532 SqFtUnfinished Basement SqFt1,500 SqFtStories3Lot Size2,000 SqFtStyleOffice BuildingYear Built1958Year Renovated2011Zoning05 - COMMERCICountyALBANYAPN010300 10.59-1-21

Schools near 86 Remsen Street

This home is within Cohoes City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Abram Lansing School
PublicPK to 5

Cohoes Middle School
Public6 to 8

Cohoes High School
Public9 to 12

Van Schaick Island School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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86 Remsen Street is a multi-family home for sale in Cohoes, NY 12047. This property was listed for sale on July 24, 2024 by Infinity Properties NY, it's currently listed at $885,000. It has been on the market for a total of 125 days and was last sold on November 18, 2021. This listing's school district is Cohoes City School District. Nearby schools include Abram Lansing School, Cohoes Middle School and Cohoes High School. 86 Remsen Street is a 5-bed, 4-bath, 4,532 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Infinity Properties NY

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