1. New York
  2. Cohoes
  3. 86 Remsen Street
$599,000

86 Remsen Street, Cohoes, NY 12047

  • 5 beds |
  • 4 baths |
  • 4,532 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $132/sqft
  • Property List Date Icon Listed 2 days ago

Property 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

Listing Status:
Active
Date Added:
August 30, 2025 at 05:00AM
Listing Office:
Gucciardo Real Estate LLC : 1 518-221-9079
Listing Agent:
Pavel Karakalchu : 518-728-6305
MLS ID:
202524920
  • General: Walk-In Closet(s)Built-in Features
  • Basement: Full
  • Flooring: Ceramic TileHardwood
  • A/C: Central AirDuctless
  • Heating: Electric
  • Fireplace: ElectricFireplaceFireplaces: 1

This listing courtesy of Pavel Karakalchu, Gucciardo Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Abram Lansing School

26 James St, Cohoes, NY, 12047

Grades PK-5

0.55 miles away

C

Cohoes Middle School

7 Bevan St, Cohoes, NY, 12047

Grades 6-8

0.54 miles away

C

Cohoes High School

1 Tiger Cir, Cohoes, NY, 12047

Grades 9-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.