572 2nd Avenue Troy, NY 12182

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Source Pyramidbrokerage

Added: Apr 4 Updated: Jul 10 at 3:55PM Checked: Jul 21 at 6:59AM

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Investment Insights

Based on property information with market context.

This is an exceptional opportunity to acquire a long-standing property with over 80 years of community presence. Located in the Lansingburgh area, the property is situated in a COR (Commercial Office Retail) mixed-use zoning district, allowing for restaurant, retail, office, medical, professional services, or mixed-use residential/commercial applications, subject to approval. The sale includes all FF&E for turnkey operation. Features include a commercial kitchen, dining space, a large parking lot, and extensive basement storage. Additionally, there is a 3-bedroom apartment above, suitable for owner occupancy or rental income. The property also includes a vacant lot at 12 115th St across the street, offering added development or expansion potential. The property size is 6381 square feet.

Key Highlights

• Turnkey restaurant operation with all FF&E included.
• COR zoning allows for diverse commercial and residential uses (subject to approval).
• Includes a 3‑bedroom apartment for owner occupancy or rental income.

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FAQs

What type of property is this?

Conventional restaurant - Mixed-use property with restaurant, apartment, and development potential.

Where is this conventional restaurant located?

The property is located at 572 2nd Avenue Troy, NY.

What is the asking price?

The asking price for this property is $599,000.

What are key features of this property?

This property features: Turnkey restaurant operation with all FF&E included.; COR zoning allows for diverse commercial and residential uses (subject to approval).; Includes a 3‑bedroom apartment for owner occupancy or rental income.