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$725,000

22 2nd Ave Troy, NY 12180

12 beds
8 full
4,508 sqft
0.10 acres
$161 / sqft
Multi-Family

Property details

About 22 2nd Ave

This 8-unit multi-unit property is an outstanding investment opportunity. The rents for each unit have been brought up to market value, with a high ROI of 12.1% and cap rate of 9.6%. Including many upgrades throughout the building. 2 units are currently available. May 1st, the units will be filled, which will complete the 8 units being fully occupied. Close to public transportation and restaurants.

Highlights

Home typeMulti Family
HeatingBaseboard, Electric, Natural Gas
StatusActive
Size4,508 sqft
BasementYes
Lot size0.1 Acres
Year built1920
MLS #202514778

Summary

  • Full Bathrooms: 8
  • Basement: Yes
  • Total Bedroom Count: 12
  • Exterior: Back Fence, None
  • Architectural Style: Apartment 4 Plus Unit
  • Heating: Baseboard, Electric, Natural Gas
  • List Price: $725,000
  • Price/SqFt: $160
  • Annual Tax Amount: $10,901
  • Tax Year: 2022
  • Directions: River St to 101st St
  • Year Built: 1920
  • Living Area: 4,508 SqFt
  • Lot Size: 0.1 Acres
  • MLS Number: 202514778
  • MLS Name: Global MLS
  • Office Name: Coldwell Banker Prime Properties
  • Office Phone: (518) 370-2100
  • Office Email: shelley.yerdon@coldwellbankerprime.com
  • Listing Agent: Bryan Permaul, Mohini Amazalum

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: 7/29/2025, 1:40:33 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
Dec 29, 2022
Home Sold
$420,000
Jun 23, 2021
Home Sold
$340,000
Aug 16, 2017
Home Sold
$215,000

Tax history

YearAssessmentProperty Tax
2023$250,000$-
2022$250,000$10,901
2021$250,000$10,901
2020$250,000$10,943
2019$250,000$5,152
2018$250,000$7,755
2017$250,000$7,655

History based on county public records data.

Nearby schools

4

PS 2

Public District PK-5

0.7 mi

470 10th St

3

Rensselaer Park Elementary School

Public District 3-5

1.0 mi

70 110th St

6

Van Schaick Island School

Public District PK-5

1.0 mi

150 Continental Ave

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 $41,000. The most common annual income of people living in Troy, NY is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

41%
<35k
50%
35k-100k
7%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
29%
Single, with Kids
16%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
13%
12-17 yrs old
25%
18-34 yrs old
33%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • MazdaMazda
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • RockRock
All data provided by Home Junction and Claritas

Frequently asked questions

About 22 2nd Ave

The listing price of 22 2nd Ave property is $725,000.

The property 22 2nd Ave is a multi located in Troy, New York, 12180.

Active Listing: 22 2nd Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 22 2nd Ave are: PS 2 (GreatSchools Rating 4/10), Rensselaer Park Elementary School (GreatSchools Rating 3/10), Van Schaick Island School (GreatSchools Rating 6/10), Knickerbacker Middle School (GreatSchools Rating 4/10), Cohoes Middle School (GreatSchools Rating 4/10), Troy Middle School (GreatSchools Rating 5/10), Heatly School (GreatSchools Rating 4/10), Lansingburgh Senior High School (GreatSchools Rating 4/10), Troy High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2022 is $10,901 (source: MLS/based on county public records data).

The last sale was on December 29, 2022 for $420,000 (source: MLS/tax record).

The property 22 2nd Ave is 4,508 SqFt (source: MLS/tax record).

The year of construction for 22 2nd Ave is 1920.

This home is located at 22 2nd Ave in Troy, NY and zip code 12180. This 4,508 square foot home, which was built in 1920, sits on a 0.10 acre lot. Features: 12 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $725,000.

In June 2025 more than 27 listings in Troy, NY were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 15 were sold below. The number of homes for sale in Troy, NY decreased by 1.7% between May and June 2025. In June 2025 median list price was $260,000 and the average listing age was 41 days.

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

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