122 4th St - Storefront Retail/Residential FOR SALE


Troy, NY 12180- Downtown Troy
$950,000 USD
518-857-1505
122 4th St, Troy, NY for Sale
$950,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

122 4th St
Troy, NY 12180
Downtown Troy


OVERVIEW

This big brick 8,118 sq/ft mixed use commercial building features 7 sources of income grossing $110,400 per year. The 1st floor restaurant space is leased by a well established restaurateur. It has separate utilities and is equipped with central air and a new boiler in 2014. There are 4 additional units above the restaurant grossing a total of $5,000 per month. The former owners unit on the 3F features hardwoods. The studio apartment is located over the highly sought after garage with very high ceiling. The studio above the garage rents for $950 month and the garage provides an additional income of $900. Sprinkler system. Gross rents $9,200 per month. Separate electric. Owner pays heat & hot water for the apartments. One year old roof. Excellent Condition.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,484 SF

ZONING

7

APN/PARCEL ID

1700-101.61-2-12

ASK ABOUT THIS PROPERTY

John DiBlasiDiBlasi Real EstateMore Info
518-857-1505

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John DiBlasiDiBlasi Real EstateMore Info
518-857-1505

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.