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$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

$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

$399,000
9 Beds 4 Baths 202623843 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

$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

$2,350,000
27 Beds 24 Baths 202618382 MLS
Welcome to Hill Street, a unique commercial investment package, this well-maintained commercial asset is currently used as Veterans community living(but not exclusively for veterans)which provides a rare opportunity to own a high-performing investment in a growing area. The primary property features 22 private rooms, each with its own bathroom, providing privacy and comfort for residents. Shared common areas create a welcoming, community-oriented environment that supports long-term tenancy. Included is a vacant lot directly behind the facility, offering space for potential expansion, additional parking, or new development (buyer to verify zoning). Please note that taxes are a fraction when compared to other real estate holdings of similar value. Additionally ,landlord-tenant laws regarding eviction if, necessary , do not apply to this type of asset.

171 Hill Street

$1,400,000
44 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 eleven 3-bedroom units, five 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

$615,000
5 Beds 4 Baths 202529053 MLS
Open House 11/8 (Saturday) 1pm-3pm Step into timeless elegance with this beautifully restored Victorian home in the heart of Troy. Featuring 5 bedrooms and 3.5 baths, this residence perfectly blends historic charm with modern comfort. The current owners completely gutted and renovated the home, thoughtfully preserving its original architectural details—soaring ceilings, intricate trim work, and stunning woodwork—all kept in pristine condition. Every element has been carefully considered, with no detail overlooked. Throughout the home, you'll find gorgeous views of the Hudson River, visible from multiple rooms—including the kitchen, where the scenery provides a beautiful and serene backdrop for everyday living. It's easy to get lost in the view and appreciate just how special this home is. Recent updates include a brand-new roof, freshly painted exterior, a new multi-zone heating system with a brand-new boiler, and a washer/dryer that's only one year old—offering both efficiency and peace of mind. The third floor offers an exciting opportunity for the next owner—it's currently unfinished and ready to be transformed into additional living space, a studio, or whatever fits your vision best. This is a move-in-ready home that captures the warmth and craftsmanship of its era while offering the comfort and reliability of modern living. Whether you're drawn to its rich history, its thoughtful restoration, or its breathtaking river views, 65 2nd Ave is a rare opportunity to own a piece of Troy's architectural heritage.

65 2nd Avenue

$1,128,205
13 Beds 11 Baths 202527661 MLS
Nestled in the heart of Troy, this exceptional two-building property offers a total of 10 units, making it a prime investment opportunity. The front building features 9 fully occupied apartments with stable, long-term leases. Each unit is in excellent condition, & the building is equipped with a commercial-grade water heater that serves the entire building. Most heating units recently updated, roof and front staircase were redone in 2018. With meticulous maintenance & upgraded plumbing, the property is truly turnkey. The standalone three-story carriage house at the rear of the property has been fully gutted and renovated into a high-end living space, complete with a two-car garage, central AC, heated bathroom floors, in-ceiling speakers, and luxury appliances. This setup is perfect not only for investors but also owner-occupants seeking a modern, private residence while benefiting from rental income. Bitcoin/Crypto offers welcome!

35 1st Street

$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

$295,000
2 Beds 3 Baths 202526721 MLS
Solid brick mixed-use building in the heart of Troy with multiple streams of income and endless potential. The first floor features a commercial storefront, ideal for retail or office use. A massive fenced parking lot offers plenty of off-street parking and the possibility for additional rental income. Two billboards attached to the building provide steady income year after year. Upstairs, you'll find two studio apartments on the 2nd floor, with preliminary approvals in place for two additional studios on the 3rd floor. A huge attached garage with 10' doors also generates rental revenue and offers flexible use for tradespeople, storage, or workshop space. With a combination of residential, commercial, and advertising income—plus expansion potential—this is a one-of-a-kind investment opportunity in a growing market.

635 2nd Avenue

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