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    Troy, NY Apartment Buildings for Sale

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    Watervliet, NY Albany, NY Cohoes, NY Wynantskill, NY Latham, NY Waterford, NY Rensselaer, NY Averill Park, NY
    17 properties
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    12-Unit Apartment Building
    Updated: Sep 24
    12-Unit Apartment Building

    462-470 2nd Avenue, Troy, NY 12182

    $2,400,000
    7,885 sqft 0.42 AC lot
    12 apartment units across 7,885 square feet
    0.42‑acre parcel; buildings constructed in 1890
    Reported current cap rate of 7%
    Exposed brick, woodwork, vaulted and cathedral ceilings
    Garden areas and open space
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    Seven-Unit Apartment Building
    Updated: Jul 13
    Seven-Unit Apartment Building

    2209 16th Street, Troy, NY 12180

    $675,000
    3,384 sqft 0.22 AC lot
    7‑unit apartment building with 3,384 square feet
    0.22‑acre double lot with Commercial zoning
    Most apartments renovated within the past several years
    Newer roof with flat, asphalt, and shingle components
    Radiant natural‑gas heating, hardwood and laminate flooring
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    29-Unit Renovated Apartment Building
    29-Unit Renovated Apartment Building

    2920 5th Avenue, Troy, NY 12180

    $4,149,000
    26,000 sqft 0.60 AC lot

    Converted school building with high ceilings, in-building laundry, and parking in Northern Troy.

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    See hot listings in Troy

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    12-Unit Apartment Building
    12-Unit Apartment Building

    462-470 2ND Avenue, Troy, NY 12182

    $2,400,000
    7,885 sqft

    The property combines detailed interior finishes with garden and open-space areas around the buildings.

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    Seven-Unit Apartment Building
    Seven-Unit Apartment Building

    194 3rd Street, Troy, NY 12180

    $699,900
    3,693 sqft 0.08 AC lot

    Brick multifamily property with updated apartments, a shared rear yard, and garage access from Church Street.

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    7-Unit Apartment Building
    7-Unit Apartment Building

    2209 16th Street, Troy, NY 12180

    $675,000
    3,384 sqft

    Renovated apartments on a double lot across from Beman Park, with public water and proximity to downtown Troy.

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    Brick 7-Unit Apartment Building
    Brick 7-Unit Apartment Building

    194 3rd Street, Troy, NY 12180

    $699,900
    3,693 sqft 0.08 AC lot

    Fully rented multifamily property with updated apartments, shared outdoor space, and a garage accessed from Church St.

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    Mixed-Use Building with Commercial Space
    Mixed-Use Building with Commercial Space

    150 4th Street, Troy, NY 12180

    $2,200,000
    9,142 sqft

    Fourteen one-bedroom apartments and two leased storefronts combine residential and commercial uses in a downtown Troy property.

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    Six-Unit Apartment Building with Storefront
    Six-Unit Apartment Building with Storefront

    616 Second Avenue, Troy, NY 12182

    $199,900
    4,770 sqft 0.07 AC lot

    Brick multifamily property with six residential units and a storefront requiring comprehensive rehabilitation.

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    17-Unit Apartment Portfolio
    17-Unit Apartment Portfolio

    38 Tyler Street, Troy, NY 12180

    $1,400,000
    16,761 sqft 0.50 AC lot

    Three-building residential portfolio with varied unit sizes, shared parking, and on-site laundry.

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    Multi-Family Building with Storefront
    Multi-Family Building with Storefront

    616 Second Avenue, Troy, NY 12182

    $199,900
    4,770 sqft

    Six residential units plus a storefront are included in this property undergoing full gut rehabilitation.

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    Seven-Unit Residential Income Property
    Seven-Unit Residential Income Property

    2209 16TH Street, Troy, NY 12180

    $675,000
    3,384 sqft

    Seven-unit residential income property on a double lot with recent apartment renovations and a new roof.

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    Downtown Brick Apartment Building
    Downtown Brick Apartment Building

    194 3RD Street, Troy, NY 12180

    $699,900
    3,693 sqft

    Historic 7-unit brick apartment building with hardwood floors, updated units, and a shared backyard plus garage access.

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    Renovated School Conversion Multifamily
    Renovated School Conversion Multifamily

    2920 5TH Avenue, Troy, NY 12180

    $4,149,000
    25,519 sqft

    Converted school building offering 29 renovated residential units with in-unit laundry and on-site parking.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    278-280 4th Street, Troy, NY 12180

    $639,000
    5,121 sqft

    Separate utilities, updated residences, and shared outdoor space support straightforward multifamily operations.

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    17-Unit Multifamily Portfolio
    17-Unit Multifamily Portfolio

    38 Tyler Street, Troy, NY 12180

    $1,400,000
    16,761 sqft

    Three-building apartment portfolio with varied unit layouts, updated residences, shared parking, and on-site laundry.

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    Monument Square Office Building
    Monument Square Office Building

    251 River Street, Troy, NY

    $2,300,000
    29,760 sqft

    29,760 SF office building in Troy, New York.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Troy, NY, we suggest to view alternatives - similar 3 Off-Market properties to explore as potential leads.

    Off-Market Properties in Troy, NY

    Consider similar Off-Market properties in Troy, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    632 2Nd Ave
    Multifamily properties

    632 2Nd Ave, Troy, NY 12182

    Estimated value: by Request
    15,034 sqft 0.21 AC lot
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    3 118Th St
    Multifamily properties

    3 118Th St, Troy, NY 12182

    Estimated value: by Request
    6,204 sqft 0.22 AC lot
    View details

    Troy, NY Apartment Buildings Market Trends and Statistics

    Explore 20 apartment buildings for sale in Troy, NY, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 175,605 square feet of properties for sale, with an estimated market value of $25,561,500.

    Sale prices for apartment complexes in Troy, NY start at $199,900, averaging $1,503,617, and reaching up to $4,149,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 71K
    Population Growth (5Y) +3.8%
    Median Household Income $69,798
    College Educated 34.3%

    High-Yield Neighborhoods for Investment

    Identify Troy submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    12182 $1.3M
    12180 $1.4M

    Listings Trend

    New vs delisted commercial listings in Rensselaer County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Rensselaer County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Troy fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Troy, NY

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    • 12182
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