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Solid Multifamily Building in Troy
For Sale
$389,950

415 3rd Street, Troy, NY 12180

Multifamily property with strong cash flow in South Troy.

Property Size3,696 SF
Price / SF$105.51
Days on Market110

Property Features for 415 3rd Street

General Information

Standard status Active
Size 3,696 SF
Property subtype Multi Family

Building Details

Building Size 3,696 SF
Listing Agency: Pyramidbrokerage
Listed By: Pyramid Brokerage Albany
Source: Pyramidbrokerage
Added: May 14 Changed: Aug 8 Last Checked: Aug 30 at 12:50PM

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 Pyramidbrokerage

Investment Insights

Based on property information with market context.

This multifamily property is located in a desirable neighborhood in South Troy. The building is described as solid and offers excellent cash flow. The property generates a monthly income of $4,100. The third floor presents an opportunity for rent increases. The property size is 3,696 square feet.

Key Highlights

  • Excellent cash flow with $4,100 monthly income.
  • Rock solid building.
  • Nice neighborhood in So. Troy.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Pharmacy Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property with strong cash flow in South Troy.
Where is this multifamily property located?
The property is located at 415 3rd Street Troy, NY.
What is the asking price?
The asking price for this property is $389,950.
What are key features of this property?
This property features: Excellent cash flow with $4,100 monthly income.; Rock solid building.; Nice neighborhood in So. Troy.
More about this property
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