$2,400,000

Estimated payment $16,008/month

Total Views 300,802
18 Beds
13.5 Baths
7,885 Sq Ft
$304 Price per Sq Ft

Highlights

  • 0.42 Acre Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Cathedral Ceiling
  • No HOA
  • 3-minute walk to Powers Park

About This Home

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%.

Listing Agent

Joseph Cardinale

Howard Hanna Capital Inc License #10401290174 Listed on: 03/23/2026

Howard Hanna Capital Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $40,612

Year Built

  • Built in 1890

Lot Details

  • 18,295 Sq Ft Lot
  • Back Yard Fenced
  • Garden

Parking

  • 2 Car Detached Garage
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 7,885 Sq Ft Home
  • Cathedral Ceiling
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 18 Bedrooms
  • Bathroom on Main Level

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 80.63-12-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$40,612

Year Built

Built in 1890

Lot Details

0.42 Acres

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Directions: Continue onto 112th St Turn right onto 2nd Ave
  • Above Grade Finished Sq Ft: 7885.0
  • Architectural Style: Other
  • Financial Details General Taxes: 28508.98
  • General Taxes Description: Actual
  • Financial Details School Taxes: 12102.87
  • School Taxes Description: Actual
  • Lot Size Acres: 0.42
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 10
  • Number of Separate Water Meters: 5
  • Number of Dishwashers: 4
  • Unit Information Number Of Dryers: 5
  • Number of Refrigerators: 12
  • Unit Information Number Of Stoves: 11
  • Unit Information Number Of Washers: 5
  • Subdivision Name: Select One
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: Full
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s)
  • Full Bathrooms: 13
  • Half Bathrooms: 1
  • Total Bedrooms: 18
  • Living Area: 7885.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 10: 2nd
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Bathroom Levels Full Bathroom 4: 1st
  • Bathroom Levels Full Bathroom 5: 2nd
  • Bathroom Levels Full Bathroom 6: 1st
  • Bathroom Levels Full Bathroom 7: 2nd
  • Bathroom Levels Full Bathroom 8: 2nd
  • Bathroom Levels Full Bathroom 9: 1st
  • Bathroom Levels Half Bathroom 1: 1st

Exterior Features

  • Exterior Features: Garden
  • Roof: Rubber, Shingle
  • Construction Type: Brick, Other, Vinyl Siding
  • Fencing: Back Yard
  • Foundation Details: Other
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Electric: 200+ Amp Service
  • Heating: Baseboard, Forced Air, Hot Water
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lansingburgh

Lot Info

  • Parcel #: 80.63-12-9
  • Lot Size Sq Ft: 18295.2

Rental Info

  • Tenant Pays: Gas, Internet, Cable TV, Electricity, Heat, Hot Water

Tax Info

  • Tax Annual Amount: 40611.9

Multi Family

  • Number Of Units Total: 12

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,070 $77,000 $14,000 $63,000
2023 $1,381 $57,000 $14,000 $43,000
2022 $1,942 $57,000 $14,000 $43,000
2021 $649 $57,000 $14,000 $43,000
2020 $631 $57,000 $14,000 $43,000
2019 $1,399 $57,000 $14,000 $43,000
2018 $1,399 $57,000 $14,000 $43,000
2017 $1,213 $57,000 $14,000 $43,000
2016 $1,836 $57,000 $14,000 $43,000
2015 -- $57,000 $14,000 $43,000
2014 -- $57,000 $14,000 $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2026 03/23/26 For Sale $2,400,000 -- $304 / Sq Ft
Source: Global MLS

Purchase History

Date Type Sale Price Title Company
Deed $57,962 --
Source: Public Records

About the Listing Agent

Joseph Cardinale

Howard Hanna Capital Inc

(518) 800-3468

Section Image

I have learned over the years that one of my greatest strengths is my ability to listen. No one can provide you with the desired outcome if they do not understand what is important to you. Whether you are looking to purchase or sell your home, the process begins with an in depth conversation that details desired results. We will then sit down and develop a strategy to achieve this goal. I understand that the most frustrating part of any significant decision we make in our lives is not

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Source: Global MLS

MLS Number: 202613763

Global MLS

APN: 1700-080.63-12-9

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