462-470 2nd Avenue Troy, NY ^$ 2,400,000

462-470 2nd Avenue

^$ 2,400,000

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462-470 2nd Avenue

Troy, NY, 12182

^$ 2,400,000

Bedrooms18 Baths13.1 Sq 7,885

Monthly Estimate*

^$ 14,973

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Multi-Family Home for sale in Troy, NY

for $2,400,000 with 18 bedrooms and 13 full baths, 1 half bath. This 7,885 square foot home was built in 1890 on a lot size of 0.42.

Rare opportunity to own nearly half block of meticulously maintained 12 units apartment.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%.

Multi-Family Active

Price

^$ 2,400,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 21,212

Style

Lot Size

0.42

Year Built

1890

Town/City

Troy

County/Region

Rensselaer

MLS | Web ID

202530743

Features

Interior

Interior Amenities Vaulted Ceiling(s) Cathedral Ceiling(s)

Basement Full

Flooring Tile Hardwood

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Above Grade Finished Area 7885.0

Half Baths 1

Total Bedrooms 18

Below Grade Finished Area 0.0

Below Grade Finished Area Source Public Records

Above Grade Finished Area Source Public Records

Total Baths 14

General

Sewer Public Sewer

Heating Baseboard Forced Air Hot Water Natural Gas

Cooling Window Unit(s)

Possession At Closing

Roof Rubber Shingle

Garage Spaces 2.0

Architectural Style Other

Construction Materials Other Brick Vinyl Siding

Year Built 1890

Electric 200+ Amp Service

Tenant Pays Hot Water Heat Internet Cable TV Electricity Gas

Property Subtype Multi Family

County Rensselaer

New Construction N

Property Type MultiFamily

HOA N

Attached Garage N

Full Baths 13

Status Active

Directions Continue onto 112th St Turn right onto 2nd Ave

City Troy

High School District Lansingburgh

Number Of Units Total 12

Lot Size Units Acres

Lot Size Square Feet 18295.2

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 21212.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Concessions Yes

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://storybookviewer.com/90549-112492

Standard Status Active

Tax Assessed Value 0

Exterior

Exterior Amenities Garden

Fencing Back Yard

Parking Features Detached Garage

Water Source Public

Total Parking 2.0

Lot Size Area 0.42

Foundation Details Other

Spa N

Lot Size Acres 0.42

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 462470

* Excluded Features

List By

Joseph Cardinale

Listing Agent

Howard Hanna Capital Inc

Broker

(518) 755-2064

Phone

josephcardinale@howardhanna.com

Affordability Calculator

$16,741

Per Month

Monthly Principal & Interest: $14,973
Monthly Property Taxes: $1,768
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Troy, NY

Average List Price ^$341,390

Percent of Sale Price 86%

About Troy, NY

50,164 Population

2% Since 2002

^$41,523 Median Income

33.3 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853462 Elementary School

853135 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/12/2025	$2,400,000		Listed Price

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462-470 2nd Avenue, Troy, NY, 12182 is a Multi-Family Home for sale at $2,400,000 with 7,885 sqft and a lot size of 0.42. 462-470 2nd Avenue has 18 bedrooms, 13.1 baths, and was built in 1890. The property's zip code is 12182 which is in Troy, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 12/16/2025.

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462-470 2nd Avenue

Multi-Family Home for sale in Troy, NY

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