Active

$839,900

40 River Street, Troy, NY 12180

6beds

5,029sqft

Multi Family

Built in 1910

-- sqft lot

$825,400 Zestimate^®

$167/sqft

$-- HOA

What's special

Solid brick constructionOff street parking

Investors take notice. Beautifully updated and well maintained solid brick mixed use building located on River Street in the heart of Downtown Troy. This property features four residential units, including two 1 bedroom 1 bath apartments, one 2 bedroom 1 bath apartment, and one 2 bedroom 2 bath apartment, along with a well established and successful retail restaurant on the first floor. All units are leased, providing immediate rental income. Separate utilities, off street parking, and the low maintenance benefits of solid brick construction make this an easy property to own and manage.

21 days

819

40

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 7
Full bathrooms: 5
1/2 bathrooms: 2

Heating

Electric, Forced Air, Natural Gas

Features

Basement: Full,Unfinished

Interior area

Total structure area: 5,029
Total interior livable area: 5,029 sqft
Finished area above ground: 5,029
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 13
Parking features: Driveway
Has uncovered spaces: Yes

Accessibility

Accessibility features: Customized Wheelchair Accessible

Features

Exterior features: Other

Lot

Size: 9,583 Square Feet

Details

Parcel number: 381700 100.76514
Zoning description: Mixed
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family

Materials

Brick

Condition

Year built: 1910

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Troy

Financial & listing details

Price per square foot: $167/sqft
Tax assessed value: $404,100
Annual tax amount: $9,130
Date on market: 8/6/2026

Estimated market value

$825,400

$784,000 - $867,000

$2,473/mo

Price history

Date	Event	Price
8/6/2026	Listed for sale	$839,900+20%$167/sqft
Source: Global MLS #202623448 Report a problem
2/1/2023	Sold	$700,000$139/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$236,000
2024	--	$236,000
2023	--	$236,000 +27.6%
2022	--	$185,000
2021	--	$185,000
2020	--	$185,000 +10.8%
2019	--	$167,000
2018	--	$167,000
2017	$6,472	$167,000 +7.7%
2016	--	$155,000
2015	--	$155,000
2014	--	$155,000