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    Troy Multifamily Investment Portfolio

    319 Speigletown Road Troy, NY 12182

    Claim this Listing
    For Sale
    $1,735,000

    COMMERCIAL - Troy, NY

    Property size:
    10,467 SF
    Lot size:
    0.62 Acres
    Price / SF:
    $165.76/SF
    Added:
    Sep 24, 2025
    Days on Market:
    294
    Last Refresh:
    Jul 14 at 6:06 am

    Property Features for 319 Speigletown Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Multi Residence
    Parking
    10
    Standard status
    Active
    APN
    384289 71.1-4-1
    Size
    10,467 SF
    Lot size
    0.62 Acres

    Taxes and HOA fees

    Tax Annual Amount
    20171

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Baseboard
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Building materials
    Vinyl Siding
    Roof type
    Asphalt

    Listing agent Karen Zalewski-Wildzunas License #10301219752

    Listing office Berkshire Hathaway Home Services Blake 3 Winners Circle Suite 305, Albany, NY

    Listing date Sep 24, 2025

    MLS# 202526501

    Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This portfolio includes three buildings with a total of 12 units. The properties are located at 319 Speigletown Rd, 23-25 Prospect Ave, and 1105 Hutton St in Troy, NY. The total property size is 10467 square feet, situated on a 0.62-acre lot. The zoning is Multi Residence.

    Key Highlights

    • 12‑unit portfolio, a great investment opportunity.
    • Includes three separate buildings.
    • Package deal with multiple locations in Troy, NY.

    Local 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 (±1% cap)
    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 (±1% cap)
    NOI $228,631 @ 7.0% cap · market cap 13.18%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Dental Office Building Supply Electrical Service Hair Salon Pharmacy Nail Salon Spa & Massage Center Grocery & Convenience Store Food Market Cosmetic Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Apartment building - Three-building, twelve-unit multifamily portfolio in Troy, New York.
    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: 12‑unit portfolio, a great investment opportunity.; Includes three separate buildings.; Package deal with multiple locations in Troy, NY.
    Contact an agent
    (518) 858-4719
    We can help!
    Contact an agent
    Karen Zalewski-Wildzunas
    Real Estate License ID: 10301219752
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