2 days on Rocket
$4,738 Closing Credit¹
#202516198, Allison Bayly-Cassidy, Listing Office: Heer Realty, Inc.
$1,259,000 List price
156 2nd St Troy, NY 12180
$10,000
Closing credit¹
12 beds
8 full
6,566 sqft
0.1 acres
$192 / 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: $1,259,000
- Price/SqFt: $191
- 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
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: 5/2/2025, 12:50:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,259,000
156 2nd St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
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. Residents of Troy, NY typically earn less than $<35k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
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 Courses
Soccer
NBA/WNBA
Where do the neighbors shop?
Express/Express For Men
Forever 21
Burlington
Where do the neighbors go to eat?
Qdoba
Dominos Pizza
Starbucks
What do the neighbors drive?
Volkswagen
Mazda
Pontiac
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Talk/Personality
All data provided by Home Junction and Claritas
Similar homes for sale
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 $1,259,000.
Over 21 listings were sold over their listed price in April 2025 in Troy, NY. In the same period over 22 listings were sold below the listed price and 7 listings were sold for the listed price. The inventory of homes for sale in Troy, NY between March and April 2025 decreased by 6.3%. In April 2025, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $255,634.
From Rocket Homes Real Estate and based on county public records data.