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.

"Based on information submitted to Global MLS as of June 29, 2026 2:14 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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150 4th StreetTroy, NY 12180Price: $2,200,000

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Building Relationships Based on Trust, Honesty and Dedication

150 4th StreetTroy, NY 12180Price: $2,200,000

$/month over payments

Listing Tools

$/month over payments

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Property Details of 150 4th Street

Property Details

Basic Information

Property

Location

Finance

Interior Features

Bathrooms

Utilities and Appliances

Utilities and Appliances

Map Location

Driving Directions

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Hi there! How can we help you?

Hi there! How can we help you?

Signature ONE Realty Group

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