#202519328, Joseph P Cardinale, Listing office: Howard Hanna Capital Inc
156 2nd St Troy, NY 12180
Property details
About 156 2nd St
**Prime 8-Unit Brownstone in Downtown Troy** Located in a vibrant neighborhood near Russell Sage College, this 8-unit brownstone is a stellar investment opportunity. Situated on a triple lot with expansion potential, the property features 5 of the 8 units fully renovated/updated, stable long-term tenants, and under-market rents for increased cash flow potential. The 1st floor(basement) could be converted into an additional 9th unit, Laundry amenity provides additional cash flow. An experienced property manager, in place for 8 years, is willing to stay on for seamless operations. Perfectly, walkable area close to shops, restaurants, and schools, this property offers both immediate income and long-term growth potential.
Highlights
Summary
- Full Bathrooms: 8
- Basement: Yes
- Flooring Type: Carpet, Hardwood
- Interior: Cathedral Ceiling(s)
- Fireplace: Wood Burning, Family Room
- Total Bedroom Count: 12
- Attached Garage: No
- Parking: None
- View: City, Downtown
- Exterior: Fence, Deck, Porch/Covered, None
- Architectural Style: Apartment 4 Plus Unit
- Heating: Natural Gas
- Cooling: Window Unit(s)
- List Price: $1,150,000
- Price/SqFt: $175
- Annual Tax Amount: $16,025
- Tax Year: 2022
- Lot: Level, Corner Lot
- Directions: Green Island Bridge, Right on River St, Left on 1st St, Left on Liberty, left on 2nd St
- Year Built: 1920
- Living Area: 6,566 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 202513828
- MLS Name: Global MLS
- Office Name: Weichert Realtors-Reliable Properties
- Office Phone: (518) 312-4800
- Office Email: kevin@reliable518.com
- Listing Agent: Cole Cioffi, Craig Cioffi
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Last updated on: 7/7/2025, 7:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 29, 2018 | Home Sold | $165,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $350,000 | $- |
2022 | $350,000 | $16,025 |
2021 | $350,000 | $16,025 |
2020 | $350,000 | $15,867 |
2019 | $350,000 | $8,060 |
2018 | $350,000 | $11,970 |
2017 | $350,000 | $11,395 |
History based on county public records data.
Nearby schools
4
Carroll Hill School
Public District KG-5
1.2 mi
•112 Delaware Ave
6
PS 14
Public District PK-5
1.2 mi
•1700 Tibbits Ave
4
Watervliet Elementary School
Public District PK-6
1.2 mi
•2557 10th Ave Ste 1
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,185. Typical income of Troy, NY residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 156 2nd St
The listing price of 156 2nd St property is $1,150,000.
The property 156 2nd St is a multi located in Troy, New York, 12180.
Active Listing: 156 2nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 156 2nd St are: Carroll Hill School (GreatSchools Rating 4/10), PS 14 (GreatSchools Rating 6/10), Watervliet Elementary School (GreatSchools Rating 4/10), Troy Middle School (GreatSchools Rating 5/10), Knickerbacker Middle School (GreatSchools Rating 4/10), Shaker Middle School (GreatSchools Rating 6/10), True North Troy Preparatory Charter School (GreatSchools Rating 4/10), Troy High School (GreatSchools Rating 4/10), Watervliet High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2022 is $16,025 (source: MLS/based on county public records data).
The last sale was on August 29, 2018 for $165,000 (source: MLS/tax record).
The property 156 2nd St is 6,566 SqFt (source: MLS/tax record).
The year of construction for 156 2nd St is 1920.
This home is located at 156 2nd St in Troy, NY and zip code 12180. This 6,566 square foot home, which was built in 1920, sits on a 0.14 acre lot. Features: 12 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $1,150,000.
In June 2025, from all listings sold in Troy, NY there were more than 27 sold above asking price, over 15 sold below and more than 11 were sold right at the asked price. Between May and June 2025, Troy, NY real estate market has seen decrease in the number of listings by 1.7%. While the average time on the market in June 2025 was 41 days, the median list price was $260,000.