Updated Duplex with
For Sale
$270,000
427 6th Avenue, Troy, NY 12182
MultiFamily, Troy, NY
Property Size1,968 SF
Lot Size0.07 Acres
Price / SF$137.20
Days on Market51
Property Features for 427 6th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 6
Parking
2
Parking features
Garage
Basement
Unfinished
Elementary school district
Lansingburgh
Middle school district
Lansingburgh
High school district
Lansingburgh
Directions
Take I-787 to Exit 9E toward Troy/NY-7 East. Continue across the Collar City Bridge, then take 5th Avenue north. Turn right onto 110th Street, then right onto 6th Avenue. Property will be on the right
Standard status
Active
APN
381700 80.72-10-4
Size
1,968 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
1815
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas
Water source
Public
Amenities
deck
balcony
laundry hook ups
Building Details
Year built
1980
Number of units
2
Building materials
Vinyl Siding
Architectural style
Other
Listing Agency:
KW Platform · Keller Williams Realty
(518) 724-5800
Listed By:
Jordan Gigliotti · License #10401374009
(845) 274-8934
Added: Sep 2
Changed: Oct 2
Last Checked: Oct 22 at 12:06AM
MLS# 202625293
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.
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Investment Insights
Based on property information with market context.
Located at 427 6th Avenue in Troy, this duplex contains two three-bedroom residences within a 1968-square-foot building. Each unit has been updated with kitchens, appliances, bathrooms, flooring, plumbing, electrical service, furnaces, windows, laundry hookups, and hot water tanks. Two decks and a balcony add exterior space to the property.
The 0.07-acre parcel includes a two-car garage reached through a private alley. Public water and public sewer serve the building, while heating is provided through natural gas and electric systems. Vinyl siding and a 1980 construction date complete the core property profile.
The 0.07-acre parcel includes a two-car garage reached through a private alley. Public water and public sewer serve the building, while heating is provided through natural gas and electric systems. Vinyl siding and a 1980 construction date complete the core property profile.
Key Highlights
- Two updated three‑bedroom units
- 1968 square feet on a 0.07‑acre lot
- Two‑car garage with private alley access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,888
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,760
$477.8K
Cap Rate 7%
$341,257
$341.3K
Cap Rate 9%
$265,422
$265.4K
Market Conditions
NOI Build-Up for 1,968 SF
Gross rent
$45.8K $23.28/SF
− Vacancy
−$2.4K −$1.21/SF
EGI
$43.4K $22.07/SF
− OpEx
−$19.5K −$9.93/SF
NOI
$23.9K $12.14/SF
Area
Rensselaer County, NY
Vacancy
5.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,760
Cap Rate 7%
$341,257
Cap Rate 9%
$265,422
Alternative Uses
Best Use
Multifamily LT 5
$368.2K
$322.2K – $429.6K
NOI $25,776 @ 7.0% cap · market cap 9.55%
Second Best
Apartment 5plus
$341.3K
$298.6K – $398.1K
NOI $23,888 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$492.0K
$430.5K – $574.0K
NOI $34,438 @ 7.0% cap · market cap 12.75%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two refreshed three-bedroom residences offer modern kitchens, upgraded utilities, outdoor space, and laundry hookups.
Where is this duplex located?
The property is located at 427 6th Avenue Troy, NY.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Two updated three‑bedroom units; 1968 square feet on a 0.07‑acre lot; Two‑car garage with private alley access
