Mixed-Use Property with Storefront
For Sale
Contact for pricing
105 Congress Street, Troy, NY 12180
An open interior, central air, and two bathrooms support a range of commercial configurations.
Property Size8,066 SF
Price / SF$0.22
Days on Market77
Property Features for 105 Congress Street
General Information
Standard status
Active
Size
8,066 SF
Property subtype
Mixed Use
Building Details
Year Built
1925
Listing Agency:
Heer Realty Inc
(518) 272-4500
Listed By:
Dean W Heer · License #10311205744
(518) 365-4469
Source:
Simplywoodardrealestate
Added: Aug 18
Changed: Nov 1
Last Checked: Nov 1 at 3:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Heer Realty Inc
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Investment Insights
Based on property information with market context.
At 105 Congress Street, this 8,066-square-foot mixed-use property dates to 1925. The largely open interior includes two bathrooms, central air, and substantial window area that brings storefront exposure to the space.
Parking options include an adjacent municipal lot and unmetered street parking.
Parking options include an adjacent municipal lot and unmetered street parking.
Key Highlights
- 8,066 square feet of mixed‑use space
- Mostly open interior with two bathrooms
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,853
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,597,060
$1.6M
Cap Rate 7%
$1,140,757
$1.1M
Cap Rate 9%
$887,256
$887.3K
Market Conditions
NOI Build-Up for 8,066 SF
Gross rent
$145.2K $18.00/SF
− Vacancy
−$17.4K −$2.16/SF
EGI
$127.8K $15.84/SF
− OpEx
−$47.9K −$5.94/SF
NOI
$79.9K $9.90/SF
Area
Rensselaer County, NY
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,597,060
Cap Rate 7%
$1,140,757
Cap Rate 9%
$887,256
Alternative Uses
Best Use
Retail
$1.47M
$1.28M – $1.71M
NOI $102,556 @ 7.0% cap · market cap 5,860.34%
Second Best
Mixed Use
$1.14M
$998.2K – $1.33M
NOI $79,853 @ 7.0% cap · market cap 4,563.03%
Theoretical Best
Office A
$2.02M
$1.76M – $2.35M
NOI $141,146 @ 7.0% cap · market cap 8,065.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,099
Businesses Nearby
53k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 26%
Hotels & Casinos 8%
Home Improvements & Furnishings 7%
Dinosaur Bar-B-Que
Dining
13,805 visits/mo
0.4 miles
Dunkin' Donuts
Dining
6,782 visits/mo
0.5 miles
Dunkin' Donuts
Dining
5,981 visits/mo
0.0 miles
Gulf Oil
Shops & Services
4,586 visits/mo
0.5 miles
Best Western Plus Franklin Square Inn Troy/Albany
Hotels & Casinos
4,137 visits/mo
0.3 miles
Demographics for 12180, NY
55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value
Check the figures for this property
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An open interior, central air, and two bathrooms support a range of commercial configurations.
Where is this mixed-use property located?
The property is located at 105 Congress Street Troy, NY.
What are key features of this property?
This property features: 8,066 square feet of mixed‑use space; Mostly open interior with two bathrooms; Central air conditioning
