Six-Unit Apartment
For Sale
$639,000
Pending
278-280 4th Street, Troy, NY 12180
Separate utilities, updated residences, and shared outdoor space support straightforward multifamily operations.
Property Size5,121 SF
Days on Market84
Property Features for 278-280 4th Street
General Information
Standard status
Pending
Size
5,121 SF
Property subtype
Multi-Family
Zoning
Multi Residence
Taxes and HOA fees
Annual Taxes
$7,000
Building Details
Year Built
1890
Listing Agency:
Lincoln House Realty
Listed By:
Cristhian Astorga · License #10401387776
(518) 443-9701
Source:
Capmarkrealty
Added: Jul 24
Changed: Oct 4
Last Checked: Oct 14 at 8:22PM
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 Lincoln House Realty
Investment Insights
Based on property information with market context.
Built in 1890, this six-unit apartment property includes a combination of two-bedroom and three-bedroom residences. Several apartments have undergone recent renovations, and each unit has its own utilities. A shared backyard provides outdoor space for residents, while the property is nearly fully rented. The zoning is Multi Residence.
Located at 278-280 4th Street in Troy’s Little Italy, the building sits a half block from DeFazio’s Pizzeria and near downtown restaurants, shops, the farmers market, and entertainment. Major roadways are also conveniently accessible for commuting. The property is included in a 14-unit portfolio with additional buildings at 308 4th Street and 276 3rd Street, all within close walking distance.
Located at 278-280 4th Street in Troy’s Little Italy, the building sits a half block from DeFazio’s Pizzeria and near downtown restaurants, shops, the farmers market, and entertainment. Major roadways are also conveniently accessible for commuting. The property is included in a 14-unit portfolio with additional buildings at 308 4th Street and 276 3rd Street, all within close walking distance.
Key Highlights
- Six‑unit apartment property with two‑bedroom and three‑bedroom residences
- Separate utilities for every unit support clearer expense allocation
- Several apartments have been recently renovated
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,107
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Separate utilities, updated residences, and shared outdoor space support straightforward multifamily operations.
Where is this apartment building located?
The property is located at 278-280 4th Street Troy, NY.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Six‑unit apartment property with two‑bedroom and three‑bedroom residences; Separate utilities for every unit support clearer expense allocation; Several apartments have been recently renovated
