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$919,000
11 Beds 8 Baths 202622052 MLS
A rare opportunity to own a truly one-of-a-kind multifamily investment! Originally built as a school, 9 High Street has been thoughtfully converted into eight oversized New York City loft-style apartments, each offering approximately 1,700 square feet of living space--far larger than the typical rental unit. With monthly rents totaling $9,100 & separate utilities - the spacious layouts, high ceilings, and unique architectural character create an exceptional living experience that sets this property apart from the competition. Whether you're looking to expand your investment portfolio or acquire a standout income-producing asset, this property offers a compelling combination of historic charm and modern functionality. Located in the heart of Hoosick Falls with convenient access to local amenities and major commuter routes, opportunities to own an apartment building of this size and character are few and far between. Don't miss your chance to own this landmark property with tremendous income and long-term appreciation potential.

9 High Street

$4,250,000
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

$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

$399,000
9 Beds 4 Baths 202620680 MLS
Most investors will walk right past this one. Smart money won't. 4 residential units over two storefronts in Troy's newly designated historic district -- and they need real work, which is exactly where the money is. This isn't turnkey. It's a blank canvas for someone who builds equity instead of paying for it. Already throwing off $3,600/month, with both storefronts untapped. Renovate the units, stabilize the commercial space, and the back-end tells a whole different story. Historic district means character, demand, and upside baked in. The kicker: the seller wants to deal. Cash, owner financing, conventional -- all on the table. Seller-held paper on a value-add like this? Rare. Done buying other people's equity? Let's create yours.

601-603 2nd Avenue

$525,000
202619696 MLS
Well-maintained masonry building used for religious purposes. Town of Brunswick. Structure features rubber membrane roof (approx. 12-15 years old), gas-fired forced-air heat, central a/c & 220-amp electric. Interior features large clear-span sanctuary/auditorium area, classroom & meeting spaces, admin offices, kitchen facilities, restrooms & ancillary storage areas. Finishes primarily commercial carpeting, painted drywall, block walls, and suspended acoustical ceilings. Flexibility for continued religious use or conversion to other assembly, meeting, educational, or banquet-type uses. Available onsite parking. Sale includes land, building & select furnishings. See docs for included & excluded items. Zoned R-9 Residential Development. See docs for potential uses. Buyer to verify permitted uses and needed municipal approvals. See survey for actual lot measurements.

42 Woodward Avenue

$695,000
202618541 MLS
Fantastic investment opportunity in a prime Castleton location! This well-maintained 8-unit mixed-use property features 3 commercial spaces and 5 residential apartments, offering investors a strong income-producing asset with excellent upside potential. When fully rented, the property generates over $7,000 per month in gross rental income. Currently, only two units are vacant, providing an immediate opportunity for the next owner to increase cash flow. Agent is owner. Conveniently located just 10 minutes from East Greenbush's shopping, restaurants, and everyday amenities, and only 15 minutes from Downtown Albany, this property appeals to both residential and commercial tenants alike. The residential units offer spacious floor plans, hardwood flooring, tiled bathrooms, and beautiful Hudson River views. Separate utilities help keep expenses low, with tenants responsible for their own heat, hot water, electric, and cable. Landlord expenses are limited to water, sewer, and trash collection. Whether you're an experienced investor looking to expand your portfolio or someone seeking a solid income-producing property, this is an opportunity you won't want to miss. Strong rental history, separate utilities, a desirable location, and excellent cash-flow potential make this a smart addition to any investment portfolio.

94-98 S Main Street

$2,200,000
15 Baths 202617079 MLS
Excellent 16-unit, 14 residential one-bedroom apartment building with 2 ground-floor commercial spaces in the heart of Troy, offering strong in-place cash flow and the potential to achieve an 8.61%+ cap rate. This prime downtown location is walkable to local favorites like The Ruck and Manory's, and sits directly next door to Vicina Urban Flats by Rosenblum Companies, where one-bedroom apartments start at $1,792/month. The property is minutes from both Russell Sage College and Rensselaer Polytechnic Institute and is steps from a major bus line, making it highly attractive to tenants. The fully leased commercial storefronts are occupied by a laundromat and a hair salon, providing additional diversified income. A rare opportunity to own a well-located, mixed-use asset in one of the Capital Region's strongest rental markets.

150 4th Street

$1,625,000
46 Beds 17 Baths 202614769 MLS
17-unit multifamily portfolio located in South Troy consisting of three buildings and a separate vacant parcel with development potential. The unit mix includes twelve 3-bedroom units, four 2-bedroom units, and one 1-bedroom unit (45 total bedrooms). Approximately 75% of units have seen updates over the past ~2.5 years. Of the five vacant units, three are rent-ready and two are in the process of being turned over. Utilities are separately metered. The 4th St buildings also have separately metered water and sewer, providing the option to pass these expenses through to tenants. The portfolio includes a shared parking area and on-site laundry for tenant convenience. Zoned MU-1, the vacant parcel offers additional flexibility for future development (buyer to verify). Offered as a portfolio.

38 Tyler Street

$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

$639,000
14 Beds 6 Baths 202614113 MLS
Welcome to 278-280 4th Street, a Six unit multi-family investment opportunity in the heart of Little Italy in Troy. This property features separate utilities for all units, making management simple and expenses easier to allocate. It is almost fully rented, offering immediate income potential and strong cash flow for investors seeking a stabilized asset. The building includes a mix of 2 bed and 3 bed units, many of which have been recently renovated, reducing near term capital needs while enhancing tenant appeal. Tenants also enjoy access to a shared backyard, providing outdoor space that adds to the property's desirability. 278-280 4th St is just half a block from the beloved DeFazio's Pizzeria, a destination that draws consistent activity to the area. Residents also benefit from close proximity to downtown Troy's restaurants, shops, farmers market, and entertainment options, plus convenient access to major roadways for commuting. As an added opportunity, this property is part of a 14-unit investment portfolio, with all buildings located within close walking distance. All units across the portfolio feature separate utilities, allowing for simplified management and cleaner expense allocation. The portfolio is being offered together for $1,534,000, presenting a rare opportunity for investors to acquire multiple assets in one concentrated location, supporting operational efficiency and streamlined management. Additional properties included in this portfolio are listed below. 308 4th Street (3 Units) 276 3rd Street (5 Units)

278-280 4th Street

$1,210,000
7 Baths 202613952 MLS
Huge investment portfolio for sale w/ Hudson River views! 4 addresses, 7 Forbes (duplex) 9-11 Forbes (4 unit) 3 Central (single family) 1 Washington (vacant city block) Rensselaer NY 12144. Total of 7 units fully occupied 100k+ annual rent w/ potential to develop or sell land. All units are 1 bed 1 bath w/ separate utilities, washer dryer hookups, private fenced parklike backyard & 5 off street parking spaces. On the charming north side of Rensselaer convenient to the river rail & road systems (500 ft to public boat launch, 1.3 miles to Albany-Rensselaer Amtrak, .8 of a mile to I-90). Advantageous location nearby massive developments & Livingston Ave bridge replacement (w/ pedestrian / bike path). Owner will consider seller financing.

7-11 Forbes Avenue

$1,500,000
1 Baths 202610802 MLS
LOCATION, LOCATION, LOCATION! 223 Broadway is conveniently located in the city of Rensselaer's Downtown business district at the corner of Broadway and Ferry Street. Located just off the 787 entrance ramp, seconds to route 9 & 20, downtown Albany and just a couple of minutes to I-87 North and South bound as well as I-90 East & West bound. The property offers plenty of off-street parking with15-20 spaces in rear.. This is a free span, 8,500 sq ft solid block building, with brick facade & vinyl siding. It features 16' ceilings, a full basement and three phase/400V electric. Updates include new rubber roof in 2025 and heating system. Currently operating as an auto parts business which is also available for sale. See docs for Bulk and Use Table: MU-1 Downtown Mixed-Use.Owner is willing to lease property for $8,000 month ,NNN , length of lease may be negotiable.

223 Broadway

$1,450,000
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

$1,082,098
7 Beds 3 Baths 202523519 MLS
Set on over 23 private acres along the Hudson River corridor, this circa-1860 Italianate Victorian estate offers a rare opportunity to own a piece of New York history, easily accessible to New York City by rail or car. Approached by a long, tree-lined drive and surrounded by rolling lawns and mature trees, the property enjoys a private setting that complements its historic architecture. The home reflects the craftsmanship of a bygone era, with soaring ceilings, six fireplaces (five marble and one brick), generously sized rooms, original moldings, and detailed woodwork. With more than 5,600 square feet of living space, the home offers flexibility, including seven bedrooms and three full baths, with expansive living areas well suited for gathering, entertaining, or multi-generational living. Oversized windows bring natural light into the home's formal rooms and comfortable gathering spaces. Modern systems complement the home's historic character. The property includes a commercial solar array that has effectively eliminated electric costs. Heating options include a Buderus oil boiler as well as an exterior wood boiler. The grounds include open acreage, perennial gardens, fruit trees, a classic two-story barn once used as an icehouse, and a 20×40 pool with lap extension. The home and grounds have comfortably hosted many large gatherings. The scale of the property lends itself to a variety of future possibilities, subject to buyer verification. The property offers an opportunity to update and personalize while preserving its architectural integrity. Despite its private setting, Hudson and Albany are both within easy reach, and the Albany-Rensselaer Amtrak station--just 17 minutes away--offers direct service to New York City. Chatham and the Berkshires are also nearby, placing the property close to the region's cultural destinations, outdoor recreation, and small-town amenities. A distinctive estate whose scale and setting have long brought people together.

1110 River Road

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