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    540 River St Troy, NY 12180

    For Sale
    $550,000

    Three-story commercial brownstone with parking in growing neighborhood.

    Property size:
    9,135 SF

    Property Features for 540 River St

    General Information

    Size
    9,135 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Brownstone with Parking Lots

    This three-story commercial brownstone is located in a growing neighborhood just north of downtown Troy. The property includes two additional lots for parking located on the opposite side of the alley and fronting 5th Avenue, specifically 2417 & 2419 Fifth Ave. The property is situated across from Flanagan Square and adjacent to Bargain grocery. Currently operating as a private club and gym, the property encompasses 9,135 square feet. Note that the third floor requires renovation. The two 5th Avenue lots are separated from River Street by a public road/alley that also serves other addresses. There are three parcels included in the sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    River Street Club Gay Sauna

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.6855644
    Latitude
    42.7400809

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    FAQs

    What type of property is this?
    Mixed-use property - Three-story commercial brownstone with parking in growing neighborhood.
    Where is this mixed-use property located?
    The property is located at 540 River St Troy, NY.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Three-story commercial brownstone in a growing neighborhood.; - Includes two additional lots for parking.; - Located across from Flanagan Square and adjacent to Bargain grocery.
    (518) 452-2700
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    540 River St 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
    540 River St Troy, NY 12180
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