1. New York
  2. Troy
  3. 462-470 2nd Avenue
$2,400,000

462-470 2nd Avenue, Troy, NY 12182

  • 18 beds |
  • 14 baths |
  • 7,885 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon0.42acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $304/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Your Chance to own 5 meticulously maintained buildings with 12 units on connected properties. See the high end apartments with exquisite wood work, finishes, fixtures & exposed brick walls. The buildings are surrounded by gardens and open space, on the corner across from Stewart's and CVS, cross the 112th street bridge to Cohoes. Minutes to Downtown Troy, 787 and Rt 7. Many long term tenants provide steady income. Current cap rate 6.9% with a high market cap rate of 8.7%.

Listing Status:
Active
Date Added:
June 11, 2025 at 05:00AM
Listing Office:
Howard Hanna Capital Inc : 1 518-371-4500
Listing Agent:
Joseph P Cardinale : 518-755-2064
MLS ID:
202519328
  • General: Cathedral Ceiling(s)Vaulted Ceiling(s)
  • Basement: Full
  • Flooring: HardwoodTile
  • A/C: Window Unit(s)
  • Heating: BaseboardForced AirHot Water

This listing courtesy of Joseph P Cardinale, Howard Hanna Capital Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

R

Rensselaer Park Elementary School

70 110th St, Troy, NY, 12182

Grades 3-5

0.45 miles away

K

Knickerbacker Middle School

320 7th Ave, Troy, NY, 12182

Grades 6-8

0.52 miles away

L

Lansingburgh Senior High School

320 7th Ave, Troy, NY, 12182

Grades 9-12

0.52 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.