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For Sale

462-470 2nd Ave

Troy, NY 12182

$2.4M
16 BD · 13 BA · · 0.42 ac · Built 1850
The residence

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%.

At a glance
Property type
Status
Active
Year built
1850
Lot size
0.42 acres
MLS#
11617727
Beds · Baths
16 · 13
Location

Troy, NY.

Troy, New York, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+
$12K/mo
Approximate · principal & interest only
Display Currency
$2.4M

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of HOWARD HANNA CAPITAL INC · NYSMLS

My State MLS / New York State MLS.Listing data is provided by My State MLS / New York State MLS for the personal, non-commercial use of consumers, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Information is deemed reliable but is not guaranteed accurate and should be independently verified.

Listings updated Mar 23, 2026

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