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

Excellent investment opportunity in Troy's North Central neighborhood. 462-470 2nd Avenue includes multiple adjacent parcels with high visibility and strong traffic flow. Here is your opportunity to own 5 buildings (12 units) with open lots all connected. Flexible zoning allows for commercial, residential, or mixed-use development. Flat, buildable lots with street frontage and utilities available at the street. Located just minutes from downtown Troy, Cohoes, I-787, and Route 7. Surrounded by growing neighborhoods and local businesses ideal for developers, investors, or owner-users looking to capitalize on Troy's continued growth.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$1,168 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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