Multi-Building Apartment
For Sale
$1,735,000
319 Speigletown Road, Troy, NY 12182
Three-building, 12-unit residential income portfolio offered as a package sale.
Property Size10,467 SF
Price / SF$165.76
Days on Market367
Property Features for 319 Speigletown Road
General Information
Standard status
Active
Size
10,467 SF
Property subtype
Commercial
Additional Details
Multifamily Units
12
Building Details
Tenancy
Multi
Listing Agency:
Berkshire Hathaway Home Services Blake
Listed By:
Karen Zalewski-Wildzunas
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Jul 30, 2025
Changed: Jul 10
Last Checked: Jul 30 at 7:11PM
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 Berkshire Hathaway Home Services Blake
Investment Insights
Based on property information with market context.
This offering presents a three-building, 12-unit apartment portfolio designed for a residential income strategy. The package includes properties at 319 Speigletown Rd, 23-25 Prospect Ave, and 1105 Hutton St in Troy, New York. The transaction is structured as a combined sale, with the portfolio presented to simplify acquisition and streamline ownership.
The portfolio includes three separate addresses within Troy, NY, and is being offered together as part of a single package. Each site is referenced in the public remarks as part of the overall 12-unit structure, with additional details handled through the individual listings.
For buyers evaluating multifamily acquisition opportunities, the package format can be helpful for consolidating multiple buildings under one ownership plan. This could suit investors or owner-operators looking to add a small, multi-property residential income portfolio to their holdings. Prospective purchasers should review the individual listings referenced for each address to confirm unit-level details and any building-specific considerations before making a decision.
The portfolio includes three separate addresses within Troy, NY, and is being offered together as part of a single package. Each site is referenced in the public remarks as part of the overall 12-unit structure, with additional details handled through the individual listings.
For buyers evaluating multifamily acquisition opportunities, the package format can be helpful for consolidating multiple buildings under one ownership plan. This could suit investors or owner-operators looking to add a small, multi-property residential income portfolio to their holdings. Prospective purchasers should review the individual listings referenced for each address to confirm unit-level details and any building-specific considerations before making a decision.
Key Highlights
- Three‑building, 12‑unit residential income portfolio sold as a package
- Package includes 319 Speigletown Rd, Troy, NY
- Package includes 23‑25 Prospect Ave, Troy, NY
Financial Insights For Apartment 5plus
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 | $213.5k | $20.40 |
| − Vacancy | −$10.2k | −$0.98 |
| EGI | $203.3k | $19.42 |
| − OpEx | −$91.5k | −$8.74 |
| NOI | $111.8k | $10.68 |
10,467 SF · lease $20.40/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.60M
$1.40M – $1.86M
NOI $111,803 @ 7.0% cap · market cap 6.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.27M
$2.86M – $3.81M
NOI $228,631 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
22
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-building, 12-unit residential income portfolio offered as a package sale.
Where is this apartment building located?
The property is located at 319 Speigletown Road Troy, NY.
What is the asking price?
The asking price for this property is $1,735,000.
What are key features of this property?
This property features: Three‑building, 12‑unit residential income portfolio sold as a package; Package includes 319 Speigletown Rd, Troy, NY; Package includes 23‑25 Prospect Ave, Troy, NY
