Active

86 Remsen Street

Cohoes NY, 12047

$885,000


$195.28 per sqft

Active

5 Beds

4 Baths

4,532 sqft

Multi-family

Built in 1958

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

202422253

MLS ID

July 29, 2024

Listed

November 24, 2024

Updated

Map

86 Remsen Street
Cohoes NY, 12047

Interior Features

Bedrooms

5


Total Bathrooms

4


Full Bathrooms

4


Floor Description

Tile, Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Wall Unit(s)


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.05 Acres


Exterior Features

None


Architectual Style

Traditional


Roof

Rubber


Sewer

Public Sewer

School Information

School District

Cohoes

Other Property Details

Taxes

$9,224


Tax Frequency

Annually


Days on Market

122


Garage

Yes


Garage Spaces

1


Parking

Attached


Parking Total

1


View

Yes


View Description

City


County

Albany


Water Source

Public


Pool

No


Zoning

Commercial

Listing History

Date

Event

Price

11/24/2024

Price change

$885,000

-20%

9/9/2024

Price change

$1,100,000

-16%

Listed by Laura Stasinski with Infinity Properties NY
Listing Contact: 518-303-1288 

The IDX display contains information sourced from Global MLS as of 11/24/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/24/2024 at 2:48 AM UTC

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