Fully Occupied Two-Unit
For Sale
$210,000
19 Defreest Avenue, Troy, NY 12180
Fully occupied two-unit duplex sold as-is and offered within a broader multi-property investment portfolio.
Property Size1,440 SF
Price / SF$145.83
Days on Market97
Property Features for 19 Defreest Avenue
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Multi-family
Occupancy
100%
Building Details
Year Built
1910
Tenancy
Multi
Listing Agency:
Realty One Group Key
Listed By:
Keith A Wells · License #10401329988
(518) 470-0422
Source:
Signatureonerealtygroup
Added: Jul 28
Changed: Oct 31
Last Checked: Nov 1 at 6:17AM
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 Realty One Group Key
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Investment Insights
Based on property information with market context.
This fully occupied two-unit duplex is being offered for sale as-is. The property is part of a larger investment portfolio made up of multiple properties in close proximity, with the option to purchase the entire portfolio or individual parcels.
The duplex is located at 19 Defreest Avenue in Troy, New York. Built in 1910, the property contains 1,440 SF and is included among the packageable properties listed with this offering: 161 5th Avenue, 19 Defreest Avenue, 3357 6th Avenue, 3365 6th Avenue, and 375 8th Street.
For investors evaluating a multi-property approach, this asset provides a two-unit structure within that portfolio framework.
The duplex is located at 19 Defreest Avenue in Troy, New York. Built in 1910, the property contains 1,440 SF and is included among the packageable properties listed with this offering: 161 5th Avenue, 19 Defreest Avenue, 3357 6th Avenue, 3365 6th Avenue, and 375 8th Street.
For investors evaluating a multi-property approach, this asset provides a two-unit structure within that portfolio framework.
Key Highlights
- Fully occupied two‑unit duplex sold as‑is
- 1,440 SF duplex built in 1910
- Part of a larger portfolio of nearby investment properties
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,861
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,220
$377.2K
Cap Rate 7%
$269,443
$269.4K
Cap Rate 9%
$209,567
$209.6K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$28.5K $19.80/SF
− Vacancy
−$1.6K −$1.09/SF
EGI
$26.9K $18.71/SF
− OpEx
−$8.1K −$5.61/SF
NOI
$18.9K $13.10/SF
Area
Rensselaer County, NY
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,220
Cap Rate 7%
$269,443
Cap Rate 9%
$209,567
Alternative Uses
Best Use
Multifamily LT 5
$269.4K
$235.8K – $314.4K
NOI $18,861 @ 7.0% cap · market cap 8.98%
Second Best
Apartment 5plus
$249.7K
$218.5K – $291.3K
NOI $17,479 @ 7.0% cap · market cap 8.32%
Theoretical Best
Office A
$360.0K
$315.0K – $420.0K
NOI $25,198 @ 7.0% cap · market cap 12.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
306
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied two-unit duplex sold as-is and offered within a broader multi-property investment portfolio.
Where is this duplex located?
The property is located at 19 Defreest Avenue Troy, NY.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Fully occupied two‑unit duplex sold as‑is; 1,440 SF duplex built in 1910; Part of a larger portfolio of nearby investment properties
