Troy Multifamily Investment
For Sale
$1,735,000
319 Speigletown Road, Troy, NY 12182
COMMERCIAL - Troy, NY
Property Size10,467 SF
Lot Size0.62 Acres
Price / SF$165.76
Days on Market315
Property Features for 319 Speigletown Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Multi Residence
Parking
10
Directions
3 building, 12 unit portfolio. Directions can be found on individual listings.
Standard status
Active
APN
384289 71.1-4-1
Size
10,467 SF
Lot size
0.62 Acres
Taxes and HOA fees
Tax Annual Amount
20171
Utilities
Sewer type
Septic Tank
Heating system
Baseboard
Cooling system
Window Unit(s)
Water source
Public
Building Details
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
Berkshire Hathaway Home Services Blake · Berkshire Hathaway HomeServices
(518) 464-0870
Listed By:
Karen Zalewski-Wildzunas · License #10301219752
(518) 858-4719
Added: Sep 24, 2025
Changed: Apr 30
Last Checked: Aug 4 at 12:06AM
MLS# 202526501
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This portfolio includes three buildings with a total of 12 units. The properties are located at 319 Speigletown Rd, 23-25 Prospect Ave, and 1105 Hutton St in Troy, NY. The total property size is 10467 square feet, situated on a 0.62-acre lot. The zoning is Multi Residence.
Key Highlights
- 12‑unit portfolio, a great investment opportunity.
- Includes three separate buildings.
- Package deal with multiple locations in Troy, NY.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $213.5k | $20.40 |
| − Vacancy | −$10.2k | −$0.98 |
| EGI | $203.3k | $19.42 |
| − OpEx | −$91.5k | −$8.74 |
| NOI | $111.8k | $10.68 |
10,467 SF · lease $20.40/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.60M
$1.40M – $1.86M
NOI $111,803 @ 7.0% cap · market cap 6.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.27M
$2.86M – $3.81M
NOI $228,631 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 12182, NY
14,657
Population
7,314
Households
2
Avg Household Size
42
Median Age
29%
College-Educated
89%
High-School Grad
13.7 sq mi
ZIP Area
1,070
Density / Sq Mi
$54,663
Median Household Income
$47,077
Median Earnings
$1,012
Median Rent
$195,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Three-building, twelve-unit multifamily portfolio in Troy, New York.
Where is this apartment building located?
The property is located at 319 Speigletown Road Troy, NY.
What is the asking price?
The asking price for this property is $1,735,000.
What are key features of this property?
This property features: 12‑unit portfolio, a great investment opportunity.; Includes three separate buildings.; Package deal with multiple locations in Troy, NY.
