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    853 4Th Ave Troy, NY 12182

    For Sale
    $695,000

    SINGLE_FAMILY - Troy, NY

    Type:Retail
    Property size:
    7,161 SF
    Lot size:
    0.28 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 853 4Th Ave

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    Mixed
    APN
    381700 80.24-5-2
    Parking
    30
    Parking features
    Off Street
    Basement
    Full
    Size
    7,161 SF
    Lot size
    0.28 Acres

    Utilities

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

    Building Details

    Year built
    1890
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Flat, Rubber, Shingle
    Additional Structures
    Outbuilding

    Armida Rose Brokerage LLC (518) 857-3907 [email protected]

    Listing agent Anthony Durante (518) 878-8261 License #10401327706

    Listing date Oct 7, 2025

    Copyright © 2025 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.

    Overview

    Established Restaurant with Parking Lot

    This is an opportunity to acquire a landmark restaurant in the Lansingburgh section of Troy, NY. Testo's Restaurant is a dine-in and take-out establishment that has been family-owned and operated for nearly 50 years. The sale includes the restaurant's name, all furniture, fixtures, and equipment. The property consists of a main building with the kitchen and dining room on the first floor, a working basement, and potential second-floor apartment or office space with a full bathroom. The sale also includes an additional parking lot located two doors south of the restaurant, measuring 50 x 120 ft. The property size is 7161 square feet and the lot size is 0.28 acres. The zoning is mixed. The restaurant thrives on take-out business. This is a turnkey opportunity. The seller is open to training the buyer. The property is located in Troy, NY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Testo's Restaurant Italian Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

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

    Similar Places Nearby

    Old Daley Custom Catering

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.670361
    Latitude
    42.784722

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant opportunity with equipment, fixtures, and additional parking.
    Where is this restaurant located?
    The property is located at 853 4Th Ave Troy, NY.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Established family-owned restaurant, a local favorite for nearly 50 years, with a strong take-out business.; - Turnkey opportunity! Includes name, furniture, fixtures, and equipment.; - Additional parking lot (50 x 120ft) included.
    (518) 878-8261
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    853 4Th Ave Troy, NY 12182
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    853 4Th Ave Troy, NY 12182
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