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16 Beds
12.5 Baths

$2,400,000

462-470 2nd Ave, Troy NY, 12182

Built in1850
Property typeMulti-family

Overview

Active

Listed Dec 12, 2025

Updated Jun 23

Your Chance to own 5 meticulously maintained buildings with 12 units on connected properties. 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 6.9% with a high market cap rate of 8.7%.

$15,967/mo

Est. mortgage payment based on a $2,400,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
11617727

Interior Features

Bedrooms
16
Bathrooms
12.5
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.42 Acres

Other Property Details

Taxes
$21,212
Tax Frequency
Annually
Garage
Yes

Courtesy of HOWARD HANNA CAPITAL INC with Joseph Cardinale,
Listing Contact:  

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