$2,400,000

462-470 2nd Avenue, Troy, NY 12182

  • 18 beds |
  • 14 baths |
  • 7,885 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon0.42acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $304/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Rare opportunity to own nearly half block of meticulously maintained 12 units apartment.See the high end apartments with exquisite wood work, finishes, fixtures & exposed brick walls. The buildings are surrounded by gardens and open space, on the corner across from Stewart's and CVS, cross the 112th street bridge to Cohoes. Minutes to Downtown Troy, 787 and Rt 7. Many long term tenants provide steady income. Current cap rate 7% with a high market cap rate of 8.7%.

Listing Status:
Active
Date Added:
March 23, 2026
Data Last Updated:
May 20, 2026 at 11:40PM
Listing Office:
Howard Hanna Capital Inc : 518-371-4500
Listing Agent:
Joseph P Cardinale : 518-755-2064
MLS ID:
202613763
  • General: Cathedral Ceiling(s)Vaulted Ceiling(s)
  • Basement: Full
  • Flooring: HardwoodTile
  • A/C: Window Unit(s)
  • Heating: BaseboardForced AirHot Water
  • General: Garden
  • Style: Other
  • Parking: DetachedGarageParking spaces: 2
  • Roofing: RubberShingle
  • General: BrickOtherVinyl SidingOther
  • Originating MLS: Global MLS
  • School District: Lansingburgh
  • County: Rensselaer
  • Zoning: 80.63-12-9
  • Fencing: Back Yard
  • Utilities: 200+ Amp Service
  • Water: Public
  • Sewer: Public Sewer
  • Source: Global MLS

This listing courtesy of Joseph P Cardinale , Howard Hanna Capital Inc

Monthly Payment

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

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