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Property profile & analytics
OFF-MARKET
Mixed-use properties

689 Hoosick Rd Troy, NY 12180

0.47 ac lot Built 1970
Property ID
Property summary
AI-generated overview

This exceptional mixed-use investment opportunity is located at 689 Hoosick Rd, Unit 689-691, in the vibrant city of Troy, New York. Situated on a sizable 0.47-acre lot, this property presents a unique chance to acquire a substantial holding in a desirable location. The asking price is $850,000, reflecting the significant potential for return on investment. While the precise square footage is currently unavailable, the substantial lot size and mixed-use zoning suggest ample space for a variety of commercial and potentially residential applications. The property's address indicates a prominent location within Troy, offering excellent visibility and accessibility. Further due diligence is encouraged to fully assess the property's potential and to determine the precise square footage and allowable uses under current zoning regulations. This is an ideal acquisition for investors seeking a strong foothold in the Troy market, offering the potential for significant long-term growth and income generation. The substantial lot size alone presents considerable development possibilities, making this a truly compelling investment prospect. Interested parties are encouraged to conduct thorough inspections and research to fully understand the property's potential and to confirm all details. This is a rare opportunity to acquire a significant mixed-use property in a thriving New York city.

Property profile
Verified
Property type Mixed-use properties
Year built 1970
Lot 0.47 ac (20,473 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Silver Griffin Business Services Courier Service Postal Service
  • IQRCM Medical Billing Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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