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    47 Congress St Troy, NY 12180

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    For Sale
    $2,000,000

    Mixed-use building with retail and residential units in downtown Troy.

    Property size:
    9,265 SF

    Property Features for 47 Congress St

    General Information

    Size
    9,265 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

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

    Overview

    Downtown Troy Mixed-Use Building

    Located in downtown Troy, this mixed-use building features two retail spaces on the first floor, formerly occupied by Bruegger's Bagels and MOSS Bookstore. The property also includes a second floor retail space and four two-bedroom apartments. The spaces have been recently rehabilitated and offer the potential for further subdivision to create additional retail units. The property is suitable for a restaurant, cafe, or general merchandise store. The four two-bedroom loft apartments provide additional value. The building has a total size of 9265 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.6918165
    Latitude
    42.7290551

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail and residential units in downtown Troy.
    Where is this mixed-use property located?
    The property is located at 47 Congress St Troy, NY.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Outstanding downtown Troy location.; - Two retail spaces on the first floor.; - Four two-bedroom loft apartments offer modern living.
    (518) 464-0870
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    47 Congress 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
    47 Congress St Troy, NY 12180
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