462-470 2nd Ave - Storefront Retail/Residential FOR SALE


Troy, NY 12182
$2,400,000 USD
462-470 2nd Ave, Troy, NY for Sale
$2,400,000 USD
Storefront Retail/Residential - FOR SALE
1/192
null | Request Cap Rate

462-470 2nd Ave
Troy, NY 12182


OVERVIEW

Your Chance to own 5 meticulously maintained buildings with 12 units on connected properties. See the high end apartments with exquisite wood work, finishes, fixtures & exposed brick walls. The buildings are surrounded by gardens and open space, on the corner across from Stewart's and CVS, cross the 112th street bridge to Cohoes. Minutes to Downtown Troy, 787 and Rt 7. Many long term tenants provide steady income. Current cap rate 6.9% with a high market cap rate of 8.7%.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$304 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

462-470 2nd Ave, Troy, NY 12182

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

CON

APN/PARCEL ID

1700-080.63-12-10,1700-080.63-12-9

ASK ABOUT THIS PROPERTY

Joseph CardinaleHoward Hanna Real Estate ServicesMore Info

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