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Listed price in listed location currency (USD).
$599,000

540

MLS® 202524920

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 4532 sqft
Garage Yes
Taxes $9,224
Lot Size 0.05 acres
Approx. Age 1958
Avg. Price Per Sqft $132
MLS® Number 202524920

Property Address: 86 Remsen St, Cohoes, NY, 12047-2830

Average square foot calculated using Size range provided by listing agent.

Description

Outstanding Investment or Perfect Owner Occupant Opportunity on Historic Remsen St in Cohoes Fully occupied and income producing this remarkable 3 story brick mixed use building delivers over a 10% cap rate which is a rare find in todays market The property generates strong returns with commercial space on the first floor a spacious residential unit on the second floor and a thriving short term rental on the top floor making it both a turnkey investment and an ideal option for an owner occupant looking to step into a vibrant thriving property Fully renovated inside and out the building blends modern updates with timeless character The first floor offers 1500 sq ft of prime commercial space The second floor features a spacious updated 3 bedroom apartment with hardwood floors The top floor is a luxury 2 bedroom 2 bath unit with exposed brick high end finishes and a private balcony currently operating successfully as an Airbnb Each unit has separate utilities Recent upgrades include new windows doors roof coating garage and basement Located in the heart of a walkable district surrounded by shops dining and cultural attractions Remsen St comes alive all summer with weekly concerts and events while being just minutes to Albany and Saratoga This is not just real estate it is a fully stabilized revenue generating property with incredible upside in one of the Capital Regions most historic and revitalized neighborhoods
MLS® Number202524920
Laundry Level
Central VacNo
FireplaceNo
Acreage0.05
Exterior
GarageYes
Approx. Age1958
BasementFull
DrivewayGarage
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
-Sold Price

Pending

Aug 30, 2025List Date
$599,000List Price
  • Commute

Commute

Starting Address
Destination Address
86 Remsen St, Cohoes, NY

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