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Investment Opportunity: Community Living Asset

171 Hill Street Troy, NY 12180

Claim this Listing
For Sale
$2,700,000

MULTI_FAMILY - Other - Troy, NY

Property size:
5,488 SF
Lot size:
0.27 Acres
Price / SF:
$491.98/SF
Added:
May 29, 2026
Days on Market:
46
Last Refresh:
Jul 13 at 11:06 pm

Property Features for 171 Hill Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
27
Bathrooms
24
Rooms
Bedroom 10, Bedroom 11, Bathroom 23, Bathroom 22, Bathroom 6, Bathroom 24, Bathroom 17, Bedroom 23, Bedroom 15, Bedroom 25, Bedroom 24, Bedroom 1, Bathroom 8, Bathroom 11, Bathroom 18, Bedroom 14, Bedroom 4, Bedroom 27, Bathroom 3, Bathroom 5, Bedroom 21, Bathroom 2, Bedroom 20, Bedroom 26, Bathroom 13, Bathroom 19, Bedroom 19, Bedroom 9, Bedroom 12, Bedroom 6, Bedroom 17, Bathroom 15, Bathroom 21, Bathroom 1, Bathroom 12, Bathroom 7, Bedroom 13, Bedroom 2, Bathroom 10, Bedroom 7, Bathroom 14, Bathroom 16, Bathroom 4, Bedroom 5, Bathroom 9, Bedroom 3, Bedroom 18, Bedroom 16, Bathroom 20, Bedroom 22, Bedroom 8
Parking
25
Parking features
Off Street
Window features
Screens
Interior features
High Speed Internet, Walk-In Closet(s), Built-in Features
Standard status
Active
APN
381700 112.21-6-12
Size
5,488 SF
Lot size
0.27 Acres

Taxes and HOA fees

Tax Annual Amount
16566

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1940
Number of units
24
Flooring type
Concrete, Carpet
Building materials
Vinyl Siding
Architectural style
Other

Listing agent Leon Levy License #30LE0983094

Listing office Berkshire Hathaway Home Services Blake 3 Winners Circle Ste 305, Albany, NY

Listing date May 29, 2026

MLS# 202618382 Listing URL

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 commercial asset, currently used as a veterans community living facility, presents a unique investment opportunity in a growing area. The primary property features 22 private rooms, each equipped with its own bathroom. Shared common areas foster a community-oriented environment. Included in the sale is a two-unit residential property, suitable for staff housing, additional rental income, or future redevelopment. A vacant lot directly behind the facility offers space for potential expansion, additional parking, or new development, subject to buyer verification of zoning. The property encompasses 5488 square feet on a 0.27-acre lot. The sale includes 177 Hill Street, an updated two-family residence, and an adjacent 1-acre parcel fronting Ida Street. The property is located in Troy, NY.

Key Highlights

  • Commercial asset operating as Veterans community living with 22 private rooms, each with its own bathroom
  • Two‑unit residential property next door included—can support staff housing, additional rental income, or future redevelopment
  • Vacant lot directly behind facility included for potential expansion, additional parking, or new development (buyer to verify zoning)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Sgt. Dominick Pitaniello ... Housing Complex

Suggested Use

(Bike/Boat/Book/etc) Store Locksmith Catering Service Electrical Service Tech Support Center Pharmacy (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Canterbury House — 36 Pawling Ave, Troy, NY 12180
  • Hudson Shores Plaza — 1545 Broadway Suite 1B, Watervliet, NY 12189
  • Choice Connections - Troy — 120 3rd St, Troy, NY 12180

FAQs

What type of property is this?
Assisted living facility - Well-maintained commercial asset with residential property and vacant lot.
Where is this assisted living facility located?
The property is located at 171 Hill Street Troy, NY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Commercial asset operating as Veterans community living with 22 private rooms, each with its own bathroom; Two‑unit residential property next door included—can support staff housing, additional rental income, or future redevelopment; Vacant lot directly behind facility included for potential expansion, additional parking, or new development (buyer to verify zoning)
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