Listing Agency: Cronin Real Estate

Listed By: Steve Cronin · License #NY 10491204182

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:54PM

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Investment Insights

Based on property information with market context.

This apartment property comprises 4 buildings and 48 total units. The unit mix includes 32 one-bedroom apartments and 16 two-bedroom apartments, providing a defined blend of residential layouts within the property.

Located at 171 Oakwood Ave in Troy, NY, the asset is positioned as a multifamily residential property for sale.

Key Highlights

• 48 total apartment units
• Four‑building multifamily property
• 32 one‑bedroom units

Property Analytics

Property Profile

Current Use

Fairway Woods of Troy Apartment Complex Noccturnowl LLC Clothes Market

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store Dental Office Building Supply

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

Location Intelligence

Trade Area within ½ mile

370

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

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Four-building residential property with a mix of one- and two-bedroom apartments.

Where is this apartment building located?

The property is located at 171 Oakwood Ave Troy, NY.

What are key features of this property?

This property features: 48 total apartment units; Four‑building multifamily property; 32 one‑bedroom units