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18 Beds
14 Baths
7,885 sqft

$2,400,000

462-470 2nd Avenue, Troy NY, 12182

Price per sqft$304.38
Built in1890
Property size7,885 sqft
Property typeMulti-family

Overview

Active

Listed Mar 23, 2026

Updated Aug 5

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 7% with a high market cap rate of 8.7%.

$15,967/mo

Est. mortgage payment based on a $2,400,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202613763

Interior Features

Bedrooms
18
Bathrooms
14
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.42 Acres

Other Property Details

Taxes
$40,612
Tax Frequency
Annually
Garage
Yes

Listed by Joseph P Cardinale with Howard Hanna Capital Inc
Listing Contact: 518-755-2064 

The IDX display contains information sourced from Global MLS as of 8/5/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 8/5/2026 at 3:24 AM UTC

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