Individually Owned Property summary
This exceptional mixed-use property in Troy, NY, presents a compelling investment opportunity with a 7% cap rate and an asking price of $300,000. Situated on a 0.09-acre lot at 2205-2207 15th Street, this property boasts a prime downtown location, just across from the New York State South Mall and within a one-block walk of Rensselaer Polytechnic Institute (RPI). The building comprises three residential units—a studio basement apartment, a three-bedroom unit, and a two-bedroom unit—all… currently fully occupied, generating consistent rental income. In addition to the residential units, a commercial restaurant space is located next door, adding to the property's diverse income streams. The current owner covers all utilities (water, gas, and electricity). This location offers unparalleled convenience, with proximity to RPI, Russell Sage College, and Hudson Valley Community College (a 12-minute drive). It's also ideally situated in Troy's vibrant retail and entertainment district, providing easy access to major transportation routes including Routes 7, 87 (Northway), 787, and the NYS Thruway (I-90). This turnkey investment is perfect for both seasoned investors and owner-occupiers seeking a high-return property in a thriving urban setting. The property's strong tenant occupancy and desirable location make it an attractive and stable investment.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 17 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 276 SF
- Lot area
- 0.09 ac
- Year built
- 1920
- Stories
- 1
- APN
- 381700 101.39-17-10.1
- Zoning
- R2
- Assessed value · 2023
- $134,000
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
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- Everything in the Light report
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- Value Estimation
- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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