36 Central Avenue Troy, NY 12180
MULTI_FAMILY - Troy, NY
Property Features for 36 Central Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 4
- Parking
- 6
- Parking features
- Driveway, Off Street, Open, Garage
- Window features
- Skylight(s)
- Patio and Porch features
- Deck
- Interior features
- Paddle Fan, High Speed Internet, Walk-In Closet(s), Cathedral Ceiling(s)
- Fencing
- Fenced, Gate
- Fireplace
- 1
- Basement
- Full, Unfinished, Sump Pump
- Standard status
- Active
- APN
- 381700 112.59-2-4 01
- Size
- 2,324 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7280
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Zoned, Electric (Heating), Hot Water(Heating), Baseboard, Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1970
- Number of units
- 2
- Flooring type
- Vinyl, Tile - Ceramic, Linoleum, Carpet, Hardwood
- Building materials
- Vinyl Siding
- Roof type
- Asphalt, Shingle
Listing agent Jenn L Baniak-Hollands License #10301218622 (518) 512-7784
Listing office KW Platform 271 Delaware Avenue, Latham, NY (518) 935-4600
Listing date Jul 14, 2026
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.
Located on a quiet street in Troy’s east end near Emma Willard School, the property is minutes from downtown Troy, I-787, shopping, dining, and area employers.
Key Highlights
- Side‑by‑side duplex with 2 bedrooms and 1.5 bathrooms per unit, built in 1970
- Almost $60,000 of updates in the past 8 years, including brand‑new Trex deck and new gas stove
- Owner’s unit features dramatic post‑and‑beam cathedral ceiling living area and walk‑in closets for each primary bedroom
Local 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 | $40.4k | $17.40 |
| − Vacancy | −$2.1k | −$0.90 |
| EGI | $38.3k | $16.50 |
| − OpEx | −$11.5k | −$4.95 |
| NOI | $26.8k | $11.55 |
