17-Unit Multifamily
For Sale
$1,625,000
38 Tyler Street, Troy, NY 12180
Three-building apartment portfolio with varied unit layouts, updated residences, shared parking, and on-site laundry.
Property Size16,761 SF
Price / SF$96.95
Days on Market36
Property Features for 38 Tyler Street
General Information
Standard status
Active
Size
16,761 SF
Total Parking Spaces
13
Property subtype
Multi-Family
Zoning
MU-1
Units
Unit Mix
12 x 3BR, 4 x 2BR, 1 x 1BR
Multifamily Units
17
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$30,916
Amenities
on-site laundry
Building Details
Year Built
1910
Buildings
3
Listing Agency:
Principles 2019 LLC
(518) 330-3160
Listed By:
Jerid Meagan · License #10491209223
(518) 330-3160
Source:
Capmarkrealty
Added: Jul 24
Changed: Aug 28
Last Checked: Aug 28 at 7:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Principles 2019 LLC
Investment Insights
Based on property information with market context.
This multifamily portfolio at 38 Tyler Street in Troy includes 17 apartments across three buildings, along with a separate vacant parcel. The unit mix comprises twelve 3-bedroom apartments, four 2-bedroom apartments, and one 1-bedroom apartment, totaling 45 bedrooms. Approximately 75% of the units have been updated within the past ~2.5 years. Five units are vacant; three are rent-ready, while two are undergoing turnover work.
Utilities are separately metered throughout the portfolio. The buildings on 4th St also have individual water and sewer metering, creating an option to pass those expenses through to tenants. Residents have access to shared parking and on-site laundry. The improvements date to 1910, and the vacant parcel is zoned MU-1 with potential for additional development, subject to buyer verification.
Utilities are separately metered throughout the portfolio. The buildings on 4th St also have individual water and sewer metering, creating an option to pass those expenses through to tenants. Residents have access to shared parking and on-site laundry. The improvements date to 1910, and the vacant parcel is zoned MU-1 with potential for additional development, subject to buyer verification.
Key Highlights
- 17‑unit portfolio spanning three buildings plus a separate vacant parcel
- Unit mix includes twelve 3‑bedroom, four 2‑bedroom, and one 1‑bedroom apartment
- 45 total bedrooms; approximately 75% of units updated within the past ~2.5 years
Property Analytics
Property Profile
Current Use
Lease Details
17
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
229
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-building apartment portfolio with varied unit layouts, updated residences, shared parking, and on-site laundry.
Where is this apartment building located?
The property is located at 38 Tyler Street Troy, NY.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: 17‑unit portfolio spanning three buildings plus a separate vacant parcel; Unit mix includes twelve 3‑bedroom, four 2‑bedroom, and one 1‑bedroom apartment; 45 total bedrooms; approximately 75% of units updated within the past ~2.5 years
