Multifamily

Green Island, NY Multifamily Properties for Sale

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Watervliet, NY Albany, NY Cohoes, NY Wynantskill, NY Latham, NY Waterford, NY Rensselaer, NY Averill Park, NY
158 properties
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12-Unit Apartment Building
Updated: Sep 24
12-Unit Apartment Building

462-470 2nd Avenue, Troy, NY 12182

$2,400,000
7,885 sqft 0.42 AC lot
12 apartment units across 7,885 square feet
0.42‑acre parcel; buildings constructed in 1890
Reported current cap rate of 7%
Exposed brick, woodwork, vaulted and cathedral ceilings
Garden areas and open space
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Mixed-Use Building with Four Apartments
Updated: Aug 6
Mixed-Use Building with Four Apartments

40 River Street, Troy, NY 12180

$824,900
5,029 sqft 0.22 AC lot
Four residential units: two 1BR/1BA, one 2BR/1BA, and one 2BR/2BA
All residential units are leased
5,029 SF mixed‑use building on 0.22 acres
First‑floor retail restaurant included
Brick building constructed in 1910
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Seven-Unit Apartment Building
Seven-Unit Apartment Building

2209 16th Street, Troy, NY 12180

$675,000
3,384 sqft 0.22 AC lot

Commercially zoned property with renovated apartments, a newer roof, and public utilities.

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See hot listings in Green Island

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Mixed-Use Building
Mixed-Use Building

1809 5TH Avenue, Troy, NY 12180

$750,000
4,752 sqft

The property combines leased residential units with restaurant and salon space in a multi-level building.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

34 Francis Street, Troy, NY 12180

$309,900
1,848 sqft 0.20 AC lot

Remodeled duplex with new kitchens, updated bathrooms, and vacancy at closing.

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29-Unit Renovated Apartment Building
29-Unit Renovated Apartment Building

2920 5th Avenue, Troy, NY 12180

$4,149,000
26,000 sqft 0.60 AC lot

Converted school building with high ceilings, in-building laundry, and parking in Northern Troy.

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Seven-Unit Apartment Building
Seven-Unit Apartment Building

194 3rd Street, Troy, NY 12180

$699,900
3,693 sqft 0.08 AC lot

Brick multifamily property with updated apartments, a shared rear yard, and garage access from Church Street.

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Four-Unit Quadplex with New Roof
Four-Unit Quadplex with New Roof

168 3rd Street, Troy, NY 12180

$719,999
5,234 sqft

Large residential layouts include hardwood and tile finishes, plus convenient laundry facilities on each floor.

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Duplex with Two Three-Bedroom Flats
Duplex with Two Three-Bedroom Flats

5 Lansing Avenue, Troy, NY 12180

$314,900
3,300 sqft 0.13 AC lot

Each residence includes a full bath, built-in cabinetry, and separate living and dining areas.

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Duplex with Full Basement
Duplex with Full Basement

727 Burden Avenue, Troy, NY 12180

$185,000
3,008 sqft 0.10 AC lot

Two occupied units feature separate utility services and flexible interior layouts.

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12-Unit Apartment Building
12-Unit Apartment Building

462-470 2ND Avenue, Troy, NY 12182

$2,400,000
7,885 sqft

The property combines detailed interior finishes with garden and open-space areas around the buildings.

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7-Unit Apartment Building
7-Unit Apartment Building

2209 16th Street, Troy, NY 12180

$675,000
3,384 sqft

Renovated apartments on a double lot across from Beman Park, with public water and proximity to downtown Troy.

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Brick Quadplex with Garage
Brick Quadplex with Garage

540 2nd St, Troy, NY 12180

$349,900
3,496 sqft 0.18 AC lot

Four apartment units offer separate utilities, varied bedroom layouts, and tenant-paid electric, gas, heat, and hot water.

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Downtown Mixed-Use Brick Building
Downtown Mixed-Use Brick Building

40 River Street, Troy, NY 12180

$824,900
5,029 sqft

Four leased apartments accompany an established first-floor restaurant with separate utilities and off-street parking.

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Brick 7-Unit Apartment Building
Brick 7-Unit Apartment Building

194 3rd Street, Troy, NY 12180

$699,900
3,693 sqft 0.08 AC lot

Fully rented multifamily property with updated apartments, shared outdoor space, and a garage accessed from Church St.

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Mixed-Use Building with Storefronts
Mixed-Use Building with Storefronts

601-603 2nd Avenue, Troy, NY 12182

$399,000
5,145 sqft 0.09 AC lot

Four residential units sit above two commercial storefronts in a brick building requiring renovation.

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Mixed-Use Building with Commercial Space
Mixed-Use Building with Commercial Space

150 4th Street, Troy, NY 12180

$2,200,000
9,142 sqft

Fourteen one-bedroom apartments and two leased storefronts combine residential and commercial uses in a downtown Troy property.

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Duplex With Off-Street Parking
Duplex With Off-Street Parking

413 3rd Street, Troy, NY 12180

$225,000
2,270 sqft 0.07 AC lot

Both residences are vacant, with washer and dryer equipment and outdoor garden space on the property.

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Three-Unit Residential Property
Three-Unit Residential Property

128 6th Ave, Troy, NY 12180

$309,000
2,540 sqft

A two-level layout includes one vacant apartment and a separate upper-floor residence expected to become available October 1, 2026.

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Renovated Brick Duplex
Renovated Brick Duplex

6 St Marys Avenue, Troy, NY 12180

$279,900
1,980 sqft 0.04 AC lot

Two residential units with updated systems, flexible bedroom layouts, and public utilities in a walkable Troy setting.

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Seven-Bedroom Duplex with Separate Meters
Seven-Bedroom Duplex with Separate Meters

26 Pawling Avenue, Troy, NY 12180

$325,000
2,930 sqft

Two apartments offer distinct bedroom layouts, private porches, and a shared driveway.

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Brick Quadplex with Detached Garage
Brick Quadplex with Detached Garage

540 2nd Street, Troy, NY 12180

$349,900
3,496 sqft 0.18 AC lot

Brick multifamily property with separate utilities, a detached garage, and off-street parking.

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Duplex with Flexible Basement Space
Duplex with Flexible Basement Space

727 Burden Ave, Troy, NY 12180

$185,000
3,008 sqft

Two-family property with separate utilities, occupied units, and adaptable lower-level areas for storage or workspace.

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Two-Unit Brick Duplex
Two-Unit Brick Duplex

1302 5th Avenue, Troy, NY 12180

$225,000
1,625 sqft 0.03 AC lot

Two three-bedroom apartments with separate electric and gas utilities, public services, and forced-air heating.

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Green Island, NY Multifamily Properties Market Trends and Statistics

Explore 158 multifamily properties for sale in Green Island, NY, showcased through 158 active listings on our real estate platform. These investment opportunities span a total of 523,909 square feet of properties for sale, with an estimated market value of $66,127,295.

Sale prices for multifamily properties in Green Island, NY start at $79,900, averaging $421,192, and reaching up to $4,149,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 2
Triplexes 2

Demographics Overview

Population 2,966
Population Growth (5Y) +14.5%
Median Household Income $70,281
College Educated 40.7%

High-Yield Neighborhoods for Investment

Identify Green Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Troy - 12183 $275.5K

Listings Trend

New vs delisted commercial listings in Rensselaer County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Rensselaer County

Residential Income

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