Large Triplex with Buildable
2309 17th Street Troy, NY 12180
For Sale
$425,000
Well-maintained triplex features two downstairs units and one upstairs unit, plus off-street parking and a spacious backyard.
Property Size2,732 SF
Price / SF$155.56
Days on Market282
Property Features for 2309 17th Street
General Information
- Standard status
- Active
- Size
- 2,732 SF
- Property subtype
- Multi Family / Triplex
Building Details
- Year Built
- 1890
Listing Agency:
DiBlasi Real Estate
(518) 857-1505
Listed By:
John S DiBlasi · License #10491211230
(518) 857-1505
Source:
Compass
Added: Oct 16, 2025
Changed: Jul 23
Last Checked: Jul 23 at 2:20PM
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 DiBlasi Real Estate
Investment Insights
Based on property information with market context.
This well maintained large triplex includes two units downstairs and one unit upstairs. Interior finishes include hardwoods and built-in display cabinets. The upstairs unit features a large bedroom, a walk-in closet, and an enclosed front porch. Off-street parking and a spacious backyard are also part of the property.
The property is located very close to RPI and the Hospitals. Units are leased through May.
In addition to the existing building, the property offers additional area that includes a buildable lot.
The property is located very close to RPI and the Hospitals. Units are leased through May.
In addition to the existing building, the property offers additional area that includes a buildable lot.
Key Highlights
- Well‑maintained triplex with 2 units downstairs and 1 unit upstairs
- Hardwood flooring with built‑in display cabinets and walk‑in closet(s)
- Enclosed front porch for the upstairs unit plus a large bedroom
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.5k | $17.40 |
| − Vacancy | −$2.5k | −$0.90 |
| EGI | $45.1k | $16.50 |
| − OpEx | −$13.5k | −$4.95 |
| NOI | $31.5k | $11.55 |
2,732 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$450.6K
$394.3K – $525.8K
NOI $31,545 @ 7.0% cap · market cap 7.42%
Second Best
Apartment 5plus
$416.9K
$364.8K – $486.4K
NOI $29,182 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$852.5K
$745.9K – $994.6K
NOI $59,675 @ 7.0% cap · market cap 14.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Well-maintained triplex features two downstairs units and one upstairs unit, plus off-street parking and a spacious backyard.
Where is this triplex located?
The property is located at 2309 17th Street Troy, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Well‑maintained triplex with 2 units downstairs and 1 unit upstairs; Hardwood flooring with built‑in display cabinets and walk‑in closet(s); Enclosed front porch for the upstairs unit plus a large bedroom
