Two-Family Duplex
For Sale
$309,000
27 Excelsior Avenue, Troy, NY 12180
Two-apartment duplex with a total 2,248 SF layout, offering the option to live in one unit and rent the other.
Property Size2,248 SF
Price / SF$137.46
Days on Market47
Property Features for 27 Excelsior Avenue
General Information
Standard status
Active
Size
2,248 SF
Property subtype
Multi-family
Building Details
Year Built
1910
Listing Agency:
Saratoga Spa Realty
Listed By:
Erin Roth
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Jun 18
Changed: Jul 29
Last Checked: Aug 3 at 1:55PM
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 Saratoga Spa Realty
Investment Insights
Based on property information with market context.
This well-maintained two-family duplex offers two apartments within a single property, allowing an owner to live in one unit while the second apartment generates rental income. The home totals 2,248 SF and was built in 1910.
The property is located at 27 Excelsior Avenue in Troy, NY 12180.
The property is located at 27 Excelsior Avenue in Troy, NY 12180.
Key Highlights
- Two‑family duplex with two apartments
- Total size of 2,248 SF
- Built in 1910
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 | $39.1k | $17.40 |
| − Vacancy | −$2.0k | −$0.90 |
| EGI | $37.1k | $16.50 |
| − OpEx | −$11.1k | −$4.95 |
| NOI | $26.0k | $11.55 |
2,248 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$370.8K
$324.5K – $432.6K
NOI $25,957 @ 7.0% cap · market cap 8.40%
Second Best
Apartment 5plus
$343.0K
$300.2K – $400.2K
NOI $24,012 @ 7.0% cap · market cap 7.77%
Theoretical Best
Office A
$701.5K
$613.8K – $818.4K
NOI $49,103 @ 7.0% cap · market cap 15.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
214
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-apartment duplex with a total 2,248 SF layout, offering the option to live in one unit and rent the other.
Where is this duplex located?
The property is located at 27 Excelsior Avenue Troy, NY.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Two‑family duplex with two apartments; Total size of 2,248 SF; Built in 1910
