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2920 5th Avenue, Troy
$4,149,000
202621635 MLS
Exceptional opportunity to acquire School One Lofts, a fully occupied 29-unit multifamily asset featuring approximately $3.1 million of assumable Fannie Mae financing at 5.23% and a long-term PILOT tax agreement through 2037. Originally converted from a historic school, the property offers spacious loft-style residences with oversized windows, original hardwood flooring, granite countertops, stainless steel appliances and in-unit laundry. Residents enjoy on-site parking and ''All-In Living'' package, which combines fiber internet, cable, electricity, heating, air conditioning and hot water into one monthly payment. Proven rental history, attractive in-place cash flow and operational upside through improved management efficiencies make this a strong investment opportunity.

2920 5th Avenue, Troy

1 3rd Street, Troy
$3,890,000
202628189 MLS
Rare opportunity to acquire The Market Block, an iconic +/-49,965 SF, three-story mixed-use landmark in the heart of historic Downtown Troy. Offered at $3,890,000 ($77.85 PSF) with a 6.0% capitalization rate on in-place income. This 100% occupied retail/office property features a diverse tenant mix including Warner Bros., Velan Studios, Stacks Espresso and other established businesses. Flexible lease terms offer significant owner-user potential, while below-market rents provide investors with upside opportunity. Prominent corner location steps from Monument Square, River Street and the Hudson River waterfront. Excellent walkability, strong pedestrian activity, nearby public parking and convenient access to I-787, RPI and Russell Sage College. Downtown Mixed Use (DMU) zoning.

1 3rd Street, Troy

2600 6th Avenue, Troy
$3,499,000
202626203 MLS
Historic character meets incredible commercial potential in the heart of Downtown Troy! This beautiful and versatile building offers a unique opportunity for businesses seeking warehouse, industrial, retail, office, event, or distribution space. The property features expansive warehouse facilities, retail areas, offices, bonus rooms, and an event room with supporting facilities, offering endless possibilities for a creative and adaptable business concept. Ideal for warehouse operations, distribution centers, showroom/retail, creative studios, office headquarters, events, production, storage, or a combination of uses. Bring your vision to a distinctive Downtown Troy property with character, flexibility, and tremendous potential.

2600 6th Avenue, Troy

192 9th Street, Troy
$2,995,000
202621359 MLS
Exceptional institutional campus and redevelopment opportunity in the heart of Troy. Situated on approximately 1.59 acres, this landmark property features over 72,000 SF (100,000+ SF including additions and outbuildings). Currently configured as a private educational facility, it is well suited for continued school, educational, religious, nonprofit, healthcare, municipal, or other institutional uses. The property also offers outstanding adaptive reuse potential for apartments, student housing, senior housing, mixed-use, or other residential redevelopment (subject to approvals). Featuring high ceilings, an elevator, flexible floor plans, and timeless brick architecture, this is a rare opportunity to acquire one of the Capital Region's most significant institutional properties.

192 9th Street, Troy

28 2nd Street, Troy
$1,250,000
7 Baths ⋅ 202527051 MLS
Immaculately maintained, circa 1840, 9,171 SF brick building in the heart of downtown Troy. This three-story gem features private offices, conference rooms, reception, and office cubicles throughout, plus 1-2 bathrooms per floor. The top floor, once an apartment, includes a kitchen, two full baths, front balcony, and rear deck—ideal for live/work use. Elevator access to all floors, including the basement with a two-car garage and former spa space (now a bullpen of offices). Rear surface parking for 5-6 cars. ADA-compliant rear entry lift. Perfect for owner-occupant professional use or investor redevelopment into multifamily housing. Parking lot at 47 3rd St. and mixed use building at 45 3rd St. across alleyway also for sale by same owner.

28 2nd Street, Troy

277 Congress Street, Troy
$999,000
11 Beds ⋅ 4 Baths ⋅ 202625554 MLS
Turnkey Student-Housing Investment Near RPI - Fully Renovated & Low Maintenance Rare opportunity to own a beautifully maintained, high-quality student-housing investment in the RPI area. This impressive 11-bedroom, 4-bathroom property offers strong rental income, modern amenities, quality furnishings, and excellent tenant appeal. The residence underwent a full renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These major infrastructure upgrades significantly reduce long-term operating costs, resulting in exceptionally low maintenance expenses--a major advantage for investors seeking stable, predictable cash flow. The property includes three HVAC systems, on-demand hot water heaters, high-end furniture, stainless-steel appliances, three quartz kitchen countertops, ceramic-tiled bathrooms, and well-appointed living areas. The enclosed patio/entertainment room provides a comfortable year-round space for recreation and gatherings. Outdoor amenities include an updated back deck and a green backyard for tenant enjoyment. Prospect Park is directly across the street, with a convenience store nearby. Located within walking distance of RPI and Downtown Troy, the property offers easy access to campus, restaurants, shops, entertainment, and public amenities. It has a strong history of full occupancy, reflecting consistent demand for high-quality student housing. Highlights 11 Bedrooms; 4 Bathrooms Fully renovated: new electrical, plumbing, insulation, drywall Extremely low maintenance expenses Three HVAC systems; on-demand hot water heaters High-end furniture; stainless-steel appliances; quartz countertops Enclosed patio/entertainment room Updated back deck; green backyard Prospect Park across the street Walking distance to RPI and Downtown Troy Approx. $92K gross annual rental income Strong history of full occupancy Proof of income or financial qualification required before scheduling a showing.

277 Congress Street, Troy

520 Congress Street, Troy
$799,000
202625285 MLS
FLEXIBLE MIXED-USE WAREHOUSE SPACE | CONGRESS STREET | TROY, NY Versatile space. Prime location. Endless possibilities. Discover a unique commercial opportunity on Congress Street in Troy, NY, offering flexible mixed-use warehouse space ideal for a wide range of businesses. With a combination of warehouse, commercial, and potential showroom/office uses, the property provides the flexibility businesses need to operate, grow, and adapt. The spacious layout offers excellent functionality for storage, distribution, light industrial, retail, creative, contractor, and service-oriented uses, while its convenient Congress Street location provides easy access to Troy and the surrounding Capital Region. Whether you're looking for a warehouse, business headquarters, showroom, or a combination of uses, this property offers the space and versatility to bring your vision to life. A rare opportunity to secure flexible commercial space in one of Troy's established business corridors.

520 Congress Street, Troy

1809 5th Avenue, Troy
$750,000
3 Beds ⋅ 5 Baths ⋅ 202627229 MLS
PRIME, FULLY LEASED MIXED-USE INVESTMENT OPPORTUNITY IN DOWNTOWN TROY! Located just steps away from RPI and Russell Sage College, this 4,752 sq. ft. building offers an unbeatable combination of stable residential and commercial income from day one. The property features two spacious apartments positioned above a highly visible, established ground-floor restaurant space and 2nd floor hair salon with a proven lease history, capitalizing on the area's high student and young professional rental demand. A savvy investor will appreciate the major, high ticket capital improvements that significantly lower future cap - ex, including a 3 year old roof, a brand new main sewer line, and modern, highly efficient mini split heating and cooling systems installed in all apartments. With separate utilities, low maintenance mechanicals. and a premier urban location surrounded by Troy's vibrant dining and shopping district, this asset is a powerhouse addition to any real estate portfolio. Schedule your walkthrough today!

1809 5th Avenue, Troy

168 3rd Street, Troy
$719,999
22 Beds ⋅ 7 Baths ⋅ 202624908 MLS
Extremely rare and versatile four-unit investment property in the heart of Downtown Troy! Offering nearly 7,000 square feet of living space, this massive multifamily property features an impressive 22 bedrooms and 7 bathrooms, providing tremendous flexibility and income potential. The spacious layouts make this an excellent opportunity for large-group rentals, student housing, or a high-performing multifamily investment. Each floor features Navien heating and hot water systems, beautiful hardwood and tile flooring, and convenient in-unit/on-floor laundry. Additional improvements include a new roof with a transferable warranty, adding even more value and peace of mind for the next owner. A truly unique property with size, location, and versatility that are extremely difficult to find in the Troy market. Don't miss this exceptional investment opportunity!

168 3rd Street, Troy

7 Brunswick Road, Troy
$679,000
8 Beds ⋅ 4 Baths ⋅ 202625570 MLS
Exceptional Investment Opportunity - Turnkey Two-Family + Buildable Lot Near RPI A rare, income-producing asset in Troy's strongest student-housing corridor. 7 & 9 Brunswick Road offers a fully renovated two-family residence plus an adjoining vacant lot--providing stable cash flow, premium finishes, and long-term development potential. The main residence at 7 Brunswick Road features 8 bedrooms and 4 full bathrooms across two modern units. The property underwent a comprehensive renovation, including new electrical systems, new plumbing systems, new insulation, and new drywall throughout. These full-system upgrades significantly reduce operating costs and result in exceptionally low maintenance expenses. Each unit includes granite countertops, stainless steel appliances, updated flooring, high-end furnishings, and independent HVAC systems, making the building fully turnkey and optimized for student demand. With annual gross rental income of $67k, investors benefit from strong cash flow, proven occupancy, and continued rent-growth potential. The combined double lot provides 8 off-street parking spaces, a major advantage for student tenants. The vacant parcel at 9 Brunswick Road adds meaningful flexibility--ideal for future units, outdoor amenities, or long-term land value. Key Investment Highlights Gross Annual Rental Income: $67,290 8BR / 4BA | 2,672 SF Fully renovated: new electrical, plumbing, insulation, and drywall Extremely low maintenance expenses Furnished and student-optimized Two independent HVAC systems Double lot with 8 parking spaces Vacant buildable parcel included Strong occupancy history Turnkey condition with immediate cash flow A high-performing, income-producing property with built-in development upside--ideal for investors seeking stability, growth, and strategic land value near RPI. Proof of income or financial qualification required before scheduling a showing. Showings by appointment only.

7 Brunswick Road, Troy

572 2nd Avenue, Troy
$599,000
202614230 MLS
Exceptional opportunity to acquire Verdile's Restaurant, a long-standing Lansingburgh property with over 80 years of community presence. Located in a COR (Commercial Office Retail) mixed-use zoning district, this property allows for restaurant, retail, office, medical, professional services, or mixed-use residential/commercial applications (subject to approval). Sale includes all FF&E for turnkey operation. Features include a commercial kitchen, dining space, large parking lot, extensive basement storage, and a 3-bedroom apartment above for owner occupancy or rental income. Numerous capital improvements have been completed, including all roof sections replaced with rubber roofing between 2020-2021 with a transferable lifetime warranty through Full Coverage Contracting Inc., all siding replaced between 2020-2022, new interior flooring in the dining room, bar area, and front entrance (2019), new dining room chandelier lighting (2019), extensive plumbing upgrades and a new energy-efficient on-demand hot water system (2021), new blacktop paving of the main parking lot (2021), exterior front entrance glass replacement (2019), and façade repairs and exterior painting completed in 2026. Also included is the vacant lot at 12 115th Street across the street, offering additional development, parking, or expansion potential. Rare opportunity with multiple income and redevelopment possibilities.

572 2nd Avenue, Troy

8 Alder Avenue, Troy
$525,000
4 Beds ⋅ 2 Baths ⋅ 202621488 MLS
Welcome to ''The House of Troy'' - a one-of-a-kind opportunity that's as charming as it is profitable! Currently operating as a highly successful turnkey Airbnb with 100% 5-star review ratings and a proven book of business, this beautifully renovated home is being offered fully furnished, making it the perfect investment for anyone looking to step into the short-term rental market from day one. Prefer a place to call home? You'll fall in love with its character, warmth, and thoughtfully designed spaces. Located on Troy's desirable East Side, just 7 miles from Albany, this stunning 4 bedroom, 1.5-bath home seamlessly blends historic charm with modern updates. Recent improvements include a new roof, updated electrical and plumbing, a modern kitchen, central air, central heating, and more, offering peace of mind while preserving the home's timeless appeal. Inside you'll find 9-foot ceilings, over 3,000 sq ft, hardwood floors, spacious bedrooms with oversized closets, a cozy wood-burning fireplace, and a finished third-floor bonus space perfect for a home office, guest suite, or additional living area. Step outside and discover your own private backyard retreat. The fully fenced yard is designed for entertaining and relaxing with a stamped concrete patio, pergola, furnished outdoor living areas, multiple dining spaces, gas grill, wood-burning fire pit, hammock, basketball hoop, & a covered front porch. The showstopper is the glam camper, complete with a skylight, creating a truly unforgettable guest experience or your own private escape. A shed with a dedicated workspace adds even more versatility. Additional features include Smart TVs, antique & eclectic furnishings, a six-person dining area, gas range, dishwasher, microwave, washer and dryer, keyless entry, security cameras, driveway with off street parking & additional street parking, and every detail needed to continue operating as a thriving Airbnb. The House of Troy is an opportunity you won't want to miss!

8 Alder Avenue, Troy

2208 12th Street, Troy
$525,000
5 Beds ⋅ 2 Baths ⋅ 202617043 MLS
OPEN HOUSE Sunday 11am- 12:30 PRICE REDUCED! Welcome to 2208 12th Street, Troy, where modern renovations meet an unbeatable location just two blocks from Rensselaer Polytechnic Institute (RPI). Samaratan Hospital and Russel Sage. Completely gutted and rebuilt with permits, this turnkey home offers the quality, efficiency, and peace of mind of new construction while maintaining the charm of an established neighborhood. Every major component has been thoughtfully updated, allowing you to move right in and enjoy low-maintenance living. The spacious, flexible floor plan is ideal for a variety of lifestyles, featuring multiple bedrooms, generous living spaces, and a first-floor bedroom with a full bathroom, perfect for guests, multigenerational living, or those seeking first-floor convenience. This property presents exceptional opportunities for both owner-occupants and investors. Parents of RPI students can provide quality housing while building equity instead of paying rent. Investors will appreciate the strong and consistent rental demand generated by RPI, nearby employers, and Troy's vibrant and growing community. Enjoy easy access to downtown Troy's award-winning restaurants, cafés, boutique shopping, entertainment, the Troy Waterfront Farmers Market, public transportation, and major commuter routes. Whether you're searching for a primary residence, student housing, or an income-producing investment, 2208 12th Street delivers outstanding versatility, quality craftsmanship, and an exceptional location. Price Reduced to $525,000. Schedule your private showing today and discover everything this beautifully renovated property has to offer.

2208 12th Street, Troy

323 5th Avenue, Troy
$525,000
202512017 MLS
Longest established Plumbing/Heating AC business in Troy. 94 years! Tremendous Commercial and Residential Client list in the Capital District to name a few: Stuyvesant Plaza and Towers, Saint Peters Hospital Health Care Group, CBRE Realty Group Managing Properties, British American, Troy Music Hall, True Troy Prep Elementary & High Schools, Troy Public Library, many Churches/Synagogues, Multi Unit Landlords, & Home owners. Owners are willing to stay on in part time consulting role as needed during the intial transition period to assist with procedural ordering, materials, vendors, fielding call, scheduling work orders, on site supervision. 2400 Sq Ft Brick Bldg comprised of Front office, parts storage, warehousing with rear 2 vehicle garage. 2 Stocked Vans included. *POF required*

323 5th Avenue, Troy

10 Gurley Avenue, Troy
$475,000
4 Beds ⋅ 3 Baths ⋅ 202624260 MLS
A true gem unlike anything else in the City of Troy, 10 Gurley Avenue offers a combination of privacy, acreage, and potential on nearly 7 acres of picturesque grounds. Set well off the road and surrounded by nature, this rare estate provides a level of seclusion that feels worlds away while remaining just minutes from everything the Capital Region has to offer. The full-brick ranch showcases classic mid-century design with over 2,700 sqft of spacious living area, 4/5 bedrooms, 2.5 bathrooms, hardwood floors, a wood-burning fireplace, a generously sized primary suite, and an elegant library. Recent improvements and interior updates have enhanced the home's comfort and appeal while preserving the character and charm that make the property so special. The full basement offers endless possibilities for future living space, a home gym, workshop, recreation area, or whatever vision the next owner brings. Outside, the setting is simply exceptional. Enjoy seasonal views, frequent visits from deer and other wildlife, and a newer beautiful heated in-ground pool that transforms the backyard into a private retreat. The expansive 6.93-acre parcel offers endless opportunities for recreation, future enhancements, or simply enjoying the peace and privacy. Subdivision possible with proper approvals. Whether you're looking for a move-in-ready home, a property with room to create your dream vision, or a long-term investment with tremendous upside, 10 Gurley Avenue represents a truly rare opportunity to own one of Troy's most unique residential offerings.

10 Gurley Avenue, Troy

5 Washington Drive, Troy
$449,999
4 Beds ⋅ 2 Baths ⋅ 202626199 MLS
Nestled on a private lane shared by only three homes, this exceptional four-bedroom, two-bath ranch offers the ideal blend of peaceful living and modern convenience. Framed by scenic rural views and featuring a durable four-year-old roof, this home presents a quiet retreat just minutes from downtown Troy, local colleges, and major commuter routes including I-87 and Route 787 within the desirable Averill Park School District. Step inside to find gleaming hardwood floors flowing seamlessly throughout the main level. The heart of the home centers around a bright living area with large foyer anchored by a cozy living room gas fireplace, perfect for relaxing evenings. The adjacent dining room connects effortlessly to a well-equipped kitchen featuring an island with a deck off the kitchen great for entertaining guest ,also having sleek stainless steel appliances. Two comfortable bedrooms reside on this level, including a primary suite complete with its own private 3/4 bath. The expansive fully finished walk-out lower level dramatically expands your functional living space. A spacious family room with a classic wood-burning fireplace provides a warm, inviting gathering spot, Two additional flexible bedrooms ,dedicated workout room, private home office space, separate laundry and generous storage areas. The expansive yard takes full advantage of the surrounding country landscape. A two-tiered deck offers an exceptional attached two-car garage and paved driveway.

5 Washington Drive, Troy

1011-1015 Hoosick Road, Troy
$449,900
3 Baths ⋅ 202611174 MLS
Unique mixed use comm opportunity! Completely modernized in and out while keeping 1872 School feel! Prop features 2 bldgs: 1st primary bldg was owners law firm then family renovated and used as cafe. this 2 story bldg has updated plumbing, 200 amp elect, 1 full and 2 half baths, Burderas HW radiators, bldg is insulated & Pella windows installed, Laundry w/ hidden safe, Comm kitchen w/ Ansil system, exhaust and ventilation system, gas boiler, central AC, landscaping w irrigation system, new outdoor lights & elect to comm. sign. 2nd bldg huge 24' x 48' 2 story garage warehousing/storage this bldg has 1st floor 10' ceilings w/ rear 24' x 16' finished heated personal office area & walk up full 2nd floor storage. When counting both 2nd floor areas you have 4500+ sqft to use w/ unbelievable nostalgic covered walking bridge between two buildings. Unlimited variations of usage, biz run from both bldgs/ biz in one rent out 2nd bldg, Biz in front/ live in rear etc.. MUST SEE!

1011-1015 Hoosick Road, Troy

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