91 Remsen StCohoes, NY 12047

Property Details for 91 Remsen St

Year built

1963

Lot size

0.06 AC

Property size (Sq ft)

7,040 SF

Zone code

05 - COMMERCIAL

Property type

Retail properties

Property subtype

Banks

APN

010300 10.59-1-24

APU

103001059124

Description

This exceptional mixed-use property, located at 91 Remsen Street, Unit 91, in the vibrant city of Cohoes, New York, presents a compelling investment opportunity. Situated on a 0.06-acre lot, this property offers significant potential for a variety of uses, given its mixed-use zoning classification. The asking price is $450,000. While the precise square footage is currently unavailable, the property's size and location within Cohoes suggest strong potential for rental income or owner-occupancy. The address, 91 Remsen Street, Unit 91, Cohoes, NY, places this property in a convenient and accessible area, likely benefiting from good visibility and proximity to local amenities and transportation routes. Further due diligence is recommended to determine the precise square footage and to fully assess the property's potential for development or renovation. This property is being offered as-is, and interested parties are encouraged to conduct their own independent inspections and assessments to confirm all aspects of the property's condition and suitability for their intended use. The 0.06-acre lot size provides ample space for potential expansion or outdoor use, depending on zoning regulations and permitted uses. This is a rare opportunity to acquire a mixed-use property in a desirable location, offering a strong return on investment for the discerning buyer. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $2,570,802

  6.5%

  $2,373,048

  7%

  $2,203,545

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,333,594

  Geo Method

  $2,318,013

• Alternative Use

  Use

  Valuation

  Residential

  $2,001,755

  Hospitality

  $1,833,597

  Educational

  $1,525,531

  Medical

  $1,577,996

  Retail

  $2,373,048

Location Insight

City

Cohoes

County

Albany

State

New York

Latitude

42.7745

Longitude

-73.7011

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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