Riverfront Duplex with Two
For Sale
Contact for pricing
Pending
137 2ND AV, Troy, NY 12182
Two-family property with Hudson River views and updated building systems.
Property SizeContact for details
Days on Market142
Property Features for 137 2ND AV
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Cap Rate
10.1%
Multifamily Units
2
Listing Agency:
HOWARD HANNA CAPITAL INC
(518) 755-2064
Listed By:
Joseph Cardinale · License #10401290174
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 31 at 10:07AM
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 HOWARD HANNA CAPITAL INC
Investment Insights
Based on property information with market context.
This two-family duplex offers a residential income configuration with potential for either owner occupancy or rental use. The first-floor apartment was renovated to the studs in 2020, including new plumbing and electrical work. Additional improvements include a roof replacement in 2017 and new hot water heaters installed in 2018 and 2019. A new boiler was also added, with the source data citing 2017/2019.
The property is located at 137 2ND AV in Troy, NY, along the Hudson River and with water views. Current performance is identified at a 10.1% cap rate, while projected high-market-rent performance is stated at a 12.8% cap rate.
The property is located at 137 2ND AV in Troy, NY, along the Hudson River and with water views. Current performance is identified at a 10.1% cap rate, while projected high-market-rent performance is stated at a 12.8% cap rate.
Key Highlights
- Two‑family duplex at 137 2ND AV, Troy, NY 12182
- Riverfront setting with Hudson River views
- First‑floor renovation completed to the studs in 2020
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
275
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family property with Hudson River views and updated building systems.
Where is this duplex located?
The property is located at 137 2ND AV Troy, NY.
What are key features of this property?
This property features: Two‑family duplex at 137 2ND AV, Troy, NY 12182; Riverfront setting with Hudson River views; First‑floor renovation completed to the studs in 2020
