Renovated Brick
For Sale
$299,999
Pending
8 St Marys Avenue, Troy, NY 12180
MultiFamily, Troy, NY
Property Size2,100 SF
Lot Size0.03 Acres
Days on Market179
Property Features for 8 St Marys Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2
Patio and Porch features
Porch
Interior features
Paddle Fan, High Speed Internet, Walk-In Closet(s), Ceramic Tile Bath, Chair Rail
Fireplace
1
Basement
Full, Unfinished
Lot features
Road Frontage
Elementary school district
Troy
Middle school district
Troy
High school district
Troy
Directions
Hill Street to Washington St to St Marys.
Standard status
Pending
APN
381700 101.69-19-15
Size
2,100 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
2880
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1910
Number of units
2
Flooring type
Vinyl
Building materials
Brick
Roof type
Rubber
Architectural style
Other
Listing Agency:
Venture Fox Realty Group LLC
(518) 290-1070
Listed By:
Tamara S DeMartino · License #10401259632
(518) 649-5910
Added: Apr 10
Changed: Sep 17
Last Checked: Oct 5 at 1:06PM
MLS# 202614847
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 two-family duplex contains approximately 2,100 square feet within a solid brick structure built in 1910. The property has been renovated and is fully leased, with five bedrooms and two bathrooms. Interior features include ceramic tile baths, walk-in closets, ceiling fans, chair rail detailing, vinyl flooring, and high-speed internet. Each unit benefits from natural-gas forced-air heating, and new furnaces and hot-water heaters were installed in 2024.
The residence occupies a 0.03-acre lot on St. Marys Avenue in Troy, on a quiet street near the base of Prospect Park. Public water and sewer serve the property. Additional features include a front porch, rubber roofing, and a fireplace.
The residence occupies a 0.03-acre lot on St. Marys Avenue in Troy, on a quiet street near the base of Prospect Park. Public water and sewer serve the property. Additional features include a front porch, rubber roofing, and a fireplace.
Key Highlights
- Two‑family duplex with 2,100 square feet and five bedrooms
- Fully leased residential income property
- Solid brick construction dating to 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,505
Cap Rate
9.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,100
$550.1K
Cap Rate 7%
$392,929
$392.9K
Cap Rate 9%
$305,611
$305.6K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$41.6K $19.80/SF
− Vacancy
−$2.3K −$1.09/SF
EGI
$39.3K $18.71/SF
− OpEx
−$11.8K −$5.61/SF
NOI
$27.5K $13.10/SF
Area
Rensselaer County, NY
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,100
Cap Rate 7%
$392,929
Cap Rate 9%
$305,611
Alternative Uses
Best Use
Multifamily LT 5
$392.9K
$343.8K – $458.4K
NOI $27,505 @ 7.0% cap · market cap 9.17%
Second Best
Apartment 5plus
$364.1K
$318.6K – $424.8K
NOI $25,490 @ 7.0% cap · market cap 8.50%
Theoretical Best
Office A
$525.0K
$459.4K – $612.5K
NOI $36,748 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,766
Businesses Nearby
Explore this area
Business Placement
Demographics for 12180, NY
55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two leased residential units with updated heating and hot-water equipment.
Where is this duplex located?
The property is located at 8 St Marys Avenue Troy, NY.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Two‑family duplex with 2,100 square feet and five bedrooms; Fully leased residential income property; Solid brick construction dating to 1910
