Mixed-Use Residential and
For Sale
$399,000
601-603 2ND Avenue, Troy, NY 12182
Four residential units over two storefront spaces in a designated historic district; renovation is needed.
Property Size5,800 SF
Price / SF$68.79
Days on Market42
Property Features for 601-603 2ND Avenue
General Information
Standard status
Active
Size
5,800 SF
Property subtype
Multi-family
Units
Multifamily Units
4
Office Units
2
Building Details
Year Built
1911
Listing Agency:
Real Broker NY LLC
Listed By:
Saad Tai
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Jun 21
Changed: Jul 21
Last Checked: Aug 1 at 2:20AM
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 Real Broker NY LLC
Investment Insights
Based on property information with market context.
This mixed-use property includes four residential units positioned over two storefront spaces. The offering is not turnkey and requires renovation and work to fully stabilize the commercial component and improve the residential units. As presented, it is already generating $3,600 per month, with both storefronts described as untapped.
The building is located at 601-603 2ND Avenue in Troy, NY 12182, within Troy’s newly designated historic district. The seller is indicating flexibility on terms, with options that include cash, owner financing, or conventional financing.
The building is located at 601-603 2ND Avenue in Troy, NY 12182, within Troy’s newly designated historic district. The seller is indicating flexibility on terms, with options that include cash, owner financing, or conventional financing.
Key Highlights
- Year built 1911 building with 4 residential units over two storefront spaces
- Located in Troy’s newly designated historic district
- Property is in need of renovation (sold as a value‑add project)
Property Analytics
Current Use
Lease Details
2
Office units
4
Residential units
Location Intelligence
Trade Area within ½ mile
371
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?
Quadplex - Four residential units over two storefront spaces in a designated historic district; renovation is needed.
Where is this quadplex located?
The property is located at 601-603 2ND Avenue Troy, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Year built 1911 building with 4 residential units over two storefront spaces; Located in Troy’s newly designated historic district; Property is in need of renovation (sold as a value‑add project)
