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22-Room Apartment Building Package
For Sale
$2,700,000

171 Hill Street, Troy, NY 12180

MultiFamily, Troy, NY

Property Size5,488 SF
Lot Size0.27 Acres
Price / SF$491.98
Days on Market92

Property Features for 171 Hill Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 27
Bathrooms 24
Full bathrooms 24
Rooms Bathroom 7, Bathroom 23, Bedroom 2, Bedroom 15, Bedroom 5, Bathroom 1, Bathroom 9, Bathroom 19, Bathroom 3, Bedroom 17, Bedroom 19, Bedroom 11, Bathroom 17, Bathroom 18, Bedroom 4, Bedroom 14, Bedroom 25, Bedroom 1, Bedroom 24, Bathroom 21, Bedroom 23, Bedroom 27, Bathroom 2, Bathroom 4, Bathroom 8, Bathroom 11, Bathroom 16, Bedroom 18, Bathroom 15, Bedroom 26, Bathroom 13, Bathroom 10, Bedroom 6, Bedroom 21, Bathroom 22, Bathroom 5, Bedroom 22, Bedroom 8, Bedroom 3, Bedroom 7, Bathroom 20, Bedroom 20, Bedroom 10, Bathroom 12, Bedroom 13, Bathroom 14, Bathroom 24, Bedroom 16, Bedroom 12, Bathroom 6, Bedroom 9
Parking 25
Parking features Off Street
Window features Screens
Interior features High Speed Internet, Walk-In Closet(s), Built-in Features
Lot features Level, Cleared
Elementary school district Troy
Middle school district Troy
High school district Troy
Directions Spring Ave to Hill Street. Property on the left
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 Agency: Berkshire Hathaway Home Services Blake · Berkshire Hathaway HomeServices
Listed By: Leon Levy · License #30LE0983094
Added: May 29 Changed: Aug 26 Last Checked: Aug 28 at 5:06AM
MLS# 202618382

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.

The primary asset at 171 Hill Street is a 5,488-square-foot apartment building on 0.27 acres, built in 1940 and currently used for community living. Its layout includes 22 private rooms, each paired with an individual bathroom, along with shared common areas. Interior features include built-in elements, walk-in closets, high-speed internet, concrete and carpet flooring, forced-air natural gas heating, and central air conditioning. Off-street parking is available.

The offering also includes the adjacent 177 Hill Street property, described as an updated two-family residence, plus a vacant parcel directly behind the primary facility. The package further identifies an adjacent 1-acre parcel fronting Ida Street. The properties are served by public water and public sewer and are located in Troy, Rensselaer County, New York.

Key Highlights

  • 5,488‑square‑foot apartment building on 0.27 acres
  • 22 private rooms with individual bathrooms
  • Shared common areas support the existing community‑living layout

Property Analytics

Current Use

Sgt. Dominick Pitaniello ... Housing Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Catering Service Electrical Service Tech Support Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Community-living property with private accommodations, shared gathering areas, and an accompanying residential building and land.
Where is this apartment building 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: 5,488‑square‑foot apartment building on 0.27 acres; 22 private rooms with individual bathrooms; Shared common areas support the existing community‑living layout
More about this property
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