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112 Main Street, Cohoes, NY, 12047

18beds
6baths
5,325sqft
$699,000
$131price/sqft
$5,663/moest. monthly cost
$226,520/yrincome needed

About This Home

Welcome to this six-unit multifamily property which is a true investor standout, offering strong, reliable returns with no deferred maintenance or renovation work required. Each unit features separate utilities, keeping operating expenses low while maximizing profitability. Four units are occupied. The building has been exceptionally well maintained, providing a rare opportunity to acquire a high-performing asset that's truly move-in ready from an investment standpoint. Ideally located in the heart of Cohoes, the property offers convenient access to local amenities and major highways—making it very desirable for tenants and a smart addition to any investment portfolio. Don't miss this low-maintenance, high-yield opportunity to secure consistent cash flow from day one.

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

5/10
Abram Lansing SchoolGrades PK-50.4 mi
4/10
Cohoes Middle SchoolGrades 6-80.5 mi
4/10
Cohoes High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Block,Drywall

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family,Apartment

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 18
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Flooring: Vinyl,Carpet
  • Finished area below ground: 0
  • Finished area above ground: 5,325

Heating

  • Heating features: Baseboard

Interior Area

  • Total structure area: 5,325
  • Total interior livable area: 5,325 sqft

Property

Details

  • Parcel number: 010300 10.75223
  • Attached to another structure: Yes
  • Zoning description: Multi Residence
  • Special condition: Standard

Features

  • Exterior features: None

Lot

  • Lot size: 3,484 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Albany County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,534$42,408
Home Insurance *$259$3,108
Property Taxes $990$11,880
Electricity $880$10,560
Total$5,663$67,956
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$194,160/yr
40% on housing$169,890/yr
45% on housing$151,013/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -5.7%
-5.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -4.0%
-4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$131This listing

vs Other Active Listings

Avg $/sqft

ZIP 12047$166
Albany County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 12047$212
Albany County$223

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-12-22Listed for sale$699,000
2025-12-09Listing removed$725,000
2025-07-17Price change$725,000
2025-06-07Listed for sale$750,000
2025-04-07Listing removed$750,000
2025-01-08Listed for sale$750,000
2024-03-18Sold$565,000
2023-12-11Listing removed--
2023-12-08Listed for sale$600,000
2023-11-19Pending sale$600,000
2023-11-04Listed for sale$600,000
2022-04-01Sold$350,000
2022-02-17Pending sale$360,000
2022-02-10Listed for sale$360,000
2020-08-21Sold$282,000
2020-06-15Pending sale$265,000
2020-06-04Listed for sale$265,000

For Sale by Agent

AgentDominique Wasilewski
BrokerageeXp Realty

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