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Turnkey Restaurant with Owner Apartment

572 2nd Avenue Troy, NY 12182

Claim this Listing
For Sale
$599,000

COMMERCIAL - Troy, NY

Property size:
6,381 SF
Lot size:
0.28 Acres
Price / SF:
$93/SF
Added:
Apr 1, 2026
Days on Market:
103
Last Refresh:
Jul 12 at 10:06 pm

Property Features for 572 2nd Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking
30
Parking features
Off Street
Standard status
Active
APN
381700 80.55-3-12
Size
6,381 SF
Lot size
0.28 Acres

Taxes and HOA fees

Tax Annual Amount
6407

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public

Building Details

Year built
1910
Floors in Building
2
Building materials
Brick, Vinyl Siding
Roof type
Rubber

Listing agent Philip Sabatino License #10401299525

Listing office Hanna Commercial 20 Aviation Road, Clifton Park, NY

Listing date Apr 1, 2026

MLS# 202614230

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale commercial property includes Verdile’s Restaurant with the equipment and furnishing needed for a turnkey operation, along with extensive on-site amenities. The building features a commercial kitchen, dining space, large parking lot, and substantial basement storage. There is also a 3-bedroom apartment above, suitable for owner occupancy or rental income. The asset further includes a vacant lot across the street for additional development, parking, or expansion.

The property is located at 572 2nd Avenue in Troy, NY, within a COR (Commercial Office Retail) mixed-use zoning district. According to the listing remarks, the district supports restaurant, retail, office, medical, professional services, and mixed-use residential/commercial applications, subject to approval.

Recent improvements support continued operation and tenant flexibility. Roof sections were replaced with rubber roofing between 2020 and 2021, with a transferable lifetime warranty referenced through Full Coverage Contracting Inc. Siding was replaced between 2020 and 2022, and interior flooring updates were completed in the dining room, bar area, and front entrance in 2019. Additional work includes new dining room chandelier lighting (2019), extensive plumbing upgrades and an energy-efficient on-demand hot water system (2021), blacktop paving of the main parking lot (2021), exterior front entrance glass replacement (2019), and facade repairs and exterior painting completed in 2026.

The configuration lends itself to operators seeking a ready-to-run restaurant location with parking and storage, or to buyers exploring conversion within COR zoning, subject to approvals.

Key Highlights

  • Long‑standing Lansingburgh restaurant property built in 1910 with commercial kitchen, dining space, and an apartment above
  • COR (Commercial Office Retail) zoning allows restaurant, retail, office, medical, professional services, or mixed‑use residential/commercial (subject to approval)
  • Sale includes all FF&E for turnkey operation, plus a 3‑bedroom apartment above for owner occupancy or rental income

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Verdile's Restaurant Restaurant

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage HVAC Service Spa & Massage Center Bakery Computer & Electronic Repair (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Turnkey restaurant property with commercial kitchen, dining space, parking, and a 3-bedroom apartment above in mixed-use zoning.
Where is this conventional restaurant located?
The property is located at 572 2nd Avenue Troy, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Long‑standing Lansingburgh restaurant property built in 1910 with commercial kitchen, dining space, and an apartment above; COR (Commercial Office Retail) zoning allows restaurant, retail, office, medical, professional services, or mixed‑use residential/commercial (subject to approval); Sale includes all FF&E for turnkey operation, plus a 3‑bedroom apartment above for owner occupancy or rental income
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