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    2253 15Th St Troy, NY 12180

    For Sale
    $750,000

    High-yield Troy property, 0.06 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional mixed-use property, located at 2253 15th St Unit 2253 in Troy, NY, presents a compelling investment opportunity. Situated on a 0.06-acre lot, the building offers significant potential for a variety of uses, capitalizing on its strategic location within the vibrant Troy market. The asking price is $750,000, reflecting the property's strong potential for return on investment. While the precise square footage is currently unavailable, the 0.06-acre lot size suggests a substantial building footprint. The mixed-use designation allows for flexibility in development and tenant occupancy, catering to a diverse range of business needs. This property is ideally suited for an investor seeking a high-yield asset in a thriving urban setting. Its location in Troy offers easy access to major transportation routes, amenities, and a growing population base. The property's versatility and prime location make it an attractive proposition for both experienced and emerging investors. Further due diligence is encouraged to fully assess the property's potential and to determine the optimal development strategy. Detailed information regarding the building's internal layout and specifications will be provided upon request. This is a rare opportunity to acquire a significant mixed-use property in a desirable location. Don't miss out on this chance to secure a valuable asset in a rapidly developing market.

    Property Features for 2253 15Th St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1930
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    O'Leary's Tavern Bar

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Rensselaer
    State
    New York
    Longitude
    -73.67593
    Latitude
    42.73623

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    FAQs

    What type of property is this?
    Mixed-use property - High-yield Troy property, 0.06 acres.
    Where is this mixed-use property located?
    The property is located at 2253 15Th St Troy, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    (518) 272-4500
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    2253 15Th St Troy, NY 12180
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    Troy, NY 12180
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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
    2253 15Th St Troy, NY 12180
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