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$1,150,000

156 2nd St Troy, NY 12180

12 beds
8 full
6,566 sqft
0.1 acres
$175 / sqft
Multi-Family

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

Home typeMulti Family
HeatingNatural Gas
StatusActive
CoolingWindow Unit(s)
Size6,566 sqft
BasementYes
Lot size0.14 Acres
Year built1920
MLS #202513828
FireplaceWood Burning, Family Room
ViewCity, Downtown

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

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (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.

Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
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

DateEventPrice
Aug 29, 2018
Home Sold
$165,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

40%
<35k
36%
35k-100k
19%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

79%
Single, No Kids
7%
Single, with Kids
10%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
3%
12-17 yrs old
39%
18-34 yrs old
42%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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