462 2nd Ave Troy, NY 12182
Lansingburgh NeighborhoodEstimated payment $14,492/month
Total Views
158,365
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%.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,212
Year Built
- Built in 1890
Lot Details
- 0.42 Acre 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
- Heating System Uses Natural Gas
- 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
- Seller Concessions Offered
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,196 | $77,000 | $14,000 | $63,000 |
| 2023 | $2,626 | $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 |
|---|---|---|---|---|
| 09/24/2025 09/24/25 | Price Changed | $2,350,000 | -2.1% | $298 / Sq Ft |
| 06/11/2025 06/11/25 | 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
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
Joseph's Other Listings
Source: Global MLS
MLS Number: 202519328
APN: 1700-080.63-12-9
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Local REALTOR® - Todd Siegel, Broker - (888)-952-6393
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