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9 High St. 9 High St 7 Unit Apartment Building $919,000 ($131,286/Unit) 7.68% Cap Rate Hoosick Falls, NY 12090
Executive Summary
A rare opportunity to own a truly one-of-a-kind multifamily investment! Originally built as a school, 9 High Street has been thoughtfully converted into eight oversized New York City loft-style apartments, each offering approximately 1,700 square feet of living space--far larger than the typical rental unit. With monthly rents totaling $9,100 & separate utilities - the spacious layouts, high ceilings, and unique architectural character create an exceptional living experience that sets this property apart from the competition. Whether you're looking to expand your investment portfolio or acquire a standout income-producing asset, this property offers a compelling combination of historic charm and modern functionality. Located in the heart of Hoosick Falls with convenient access to local amenities and major commuter routes, opportunities to own an apartment building of this size and character are few and far between. Don't miss your chance to own this landmark property with tremendous income and long-term appreciation potential.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$109,200
|
$6.88
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$109,200
|
$6.88
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $109,200 |
| Annual Per SF | $6.88 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $109,200 |
| Annual Per SF | $6.88 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $919,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $131,286 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.84 AC |
| Cap Rate | 7.68% | Building Size | 18,150 SF |
| No. Units | 7 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1893/2015 |
| Property Subtype | Apartment | ||
| Zoning | R-2 - Residential - 2 | ||
| Price | $919,000 |
| Price Per Unit | $131,286 |
| Sale Type | Investment |
| Cap Rate | 7.68% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.84 AC |
| Building Size | 18,150 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1893/2015 |
| Zoning | R-2 - Residential - 2 |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Kitchen
- Window Coverings
Site Amenities
- Tenant Controlled HVAC
- Storage Space
- Individual Leases Available
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 2801-027.15-5-16 | Improvements Assessment | $413,200 |
| Land Assessment | $36,800 | Total Assessment | $450,000 |
Property Taxes
Parcel Number
2801-027.15-5-16
Land Assessment
$36,800
Improvements Assessment
$413,200
Total Assessment
$450,000
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9 High St. | 9 High St