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Mixed-Use Property with Storefront
For Sale
$375,000
Pending

3076 6th Avenue, Troy, NY 12180

The property combines storefront space, apartments, and a detached three-car garage.

Property Size3,000 SF
Days on Market413

Property Features for 3076 6th Avenue

General Information

Standard status Pending
Size 3,000 SF
Total Parking Spaces 3
Property subtype Triplex

Additional Details

Mixed-Use Components retail, residential

Amenities

detached garage

Building Details

Year Built 1920
Buildings 2
Listing Agency: Jandali Realty
Listed By: Imran Abdul Qayoom · License #10401376518
Source: Simplywoodardrealestate
Added: Sep 19, 2025 Changed: Nov 4 Last Checked: Nov 4 at 8:49AM

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 Jandali Realty

Rey
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Investment Insights

Based on property information with market context.

At 3076 6th Avenue in Troy, this mixed-use property brings together storefront space and apartments. A detached garage provides three-car capacity. The building dates to 1920.

Key Highlights

  • Mixed‑use property with storefront space and apartments
  • Detached garage accommodates 3 cars
  • Built in 1920

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,700
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,000 $594.0K
Cap Rate 7%
$424,286 $424.3K
Cap Rate 9%
$330,000 $330.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$54.0K $18.00/SF
− Vacancy
−$6.5K −$2.16/SF
EGI
$47.5K $15.84/SF
− OpEx
−$17.8K −$5.94/SF
NOI
$29.7K $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%
$594,000
Cap Rate 7%
$424,286
Cap Rate 9%
$330,000

Alternative Uses

Best Use
Multifamily LT 5
$561.3K
$491.2K – $654.9K (±1% cap)
NOI $39,293 @ 7.0% cap · market cap 10.48%
Second Best
Retail
$544.9K
$476.8K – $635.7K (±1% cap)
NOI $38,144 @ 7.0% cap · market cap 10.17%
Theoretical Best
Office A
$750.0K
$656.2K – $875.0K (±1% cap)
NOI $52,497 @ 7.0% cap · market cap 14.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Indus Food & Convenience ... Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods Law Firm Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby

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 Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines storefront space, apartments, and a detached three-car garage.
Where is this mixed-use property located?
The property is located at 3076 6th Avenue Troy, NY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Mixed‑use property with storefront space and apartments; Detached garage accommodates 3 cars; Built in 1920
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