462-470 2nd Ave Troy, NY 12182
- Added:
- Dec 12, 2025
- Days on Market:
- 110
- Last Refresh:
- Apr 1 at 2:06 pm
Property Features for 462-470 2nd Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 16
- Bathrooms
- 13
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Den, Dining Room, Family Room, Living Room
- Parking features
- Garage
- Interior features
- Walk-in Closet
- Standard status
- Active
- APN
- 381700 80.63-12-9
- Lot size
- 0.42 Acres
Taxes and HOA fees
- TaxAnnualAmount
- 21212
Utilities
- Heating system
- Baseboard, Natural Gas
Building Details
- Year built
- 1850
- Year renovated
- 1850
- Flooring type
- Hardwood, Tile
- Building materials
- Brick, Vinyl Siding
- Roof type
- Asphalt, Rubber
- Architectural style
- Other
Listing agent Joseph Cardinale (518) 755-2064
Listing office HOWARD HANNA CAPITAL INC 1547 RTE 9, CLIFTON PARK, NY (518) 371-4500
Listing date Dec 12, 2025
MLS# 11617727
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Meticulously Maintained Multi-Unit Buildings
This is an opportunity to own five meticulously maintained buildings comprising twelve units, situated on connected properties. The apartments feature high-end finishes, exquisite woodwork, fixtures, and exposed brick walls. The buildings are surrounded by gardens and open space, located on a corner across from a Stewart's and CVS. The property is near the 112th Street bridge to Cohoes and minutes from Downtown Troy, 787, and Route 7. The property is located in Troy, NY, with a lot size of 0.42 acres. Many long-term tenants provide a steady income. The current cap rate is 6.9% with a high market cap rate of 8.7%.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Albany
- State
- New York
- Longitude
- -73.678856
- Latitude
- 42.770577
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Five well-maintained buildings with twelve units in Troy, NY.
Where is this apartment building located?
The property is located at 462-470 2nd Ave Troy, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: High market cap rate of 8.7% and current cap rate 6.9% indicate strong income potential.; 12 units across 5 meticulously maintained buildings offer a substantial investment opportunity.; Prime location near Stewart's, CVS, and the 112th Street bridge to Cohoes, with convenient access to Downtown Troy, 787, and Rt 7.
