First-Floor Retail
For Sale
Contact for pricing
327 5th Avenue #1, Troy, NY 12182
The unit includes a separate rear room, a private half bath, and dedicated heating and cooling features.
Property Size2,340 SF
Price / SF$0.49
Days on Market38
Property Features for 327 5th Avenue #1
General Information
Standard status
Active
Size
2,340 SF
Property subtype
Business
Amenities
additional rear room
private bathroom
updated finishes
new ventilation system
built-in wall air-conditioning unit
refreshed half bath
Building Details
Year Built
1920
Listing Agency:
Crystal Coleman Realty LLC
(518) 229-4539
Listed By:
Jaclyn Scott · License #10401326532
(518) 852-8120
Source:
Simplywoodardrealestate
Added: Sep 25
Changed: Nov 1
Last Checked: Nov 1 at 3:42PM
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 Crystal Coleman Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This first-floor retail unit has a separate rear room and a private half bath. Recent interior updates are complemented by a newly installed ventilation system and a built-in wall air-conditioning unit. The space was previously occupied by a salon, and its layout can accommodate a range of commercial purposes.
The property is at 327 5th Avenue in Troy, within the Lansingburgh area.
The property is at 327 5th Avenue in Troy, within the Lansingburgh area.
Key Highlights
- First‑floor commercial unit with a separate rear room
- Private half bath
- New ventilation system and built‑in wall air‑conditioning unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,752
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,040
$595.0K
Cap Rate 7%
$425,029
$425.0K
Cap Rate 9%
$330,578
$330.6K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$44.4K $18.96/SF
− Vacancy
−$1.9K −$0.80/SF
EGI
$42.5K $18.16/SF
− OpEx
−$12.8K −$5.45/SF
NOI
$29.8K $12.71/SF
Area
Rensselaer County, NY
Vacancy
4.20%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,040
Cap Rate 7%
$425,029
Cap Rate 9%
$330,578
Alternative Uses
Best Use
Retail
$425.0K
$371.9K – $495.9K
NOI $29,752 @ 7.0% cap · market cap 2,587.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$585.0K
$511.8K – $682.5K
NOI $40,947 @ 7.0% cap · market cap 3,560.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 98%
Home Improvements & Furnishings 2%
Gulf Oil
Shops & Services
9,172 visits/mo
0.1 miles
Dollar General
Shops & Services
7,682 visits/mo
0.2 miles
Citgo
Shops & Services
5,615 visits/mo
0.3 miles
Mobil
Shops & Services
4,368 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
3,678 visits/mo
0.3 miles
Demographics for 12182, NY
14,657
Population
7,314
Households
2
Avg Household Size
42
Median Age
29%
College-Educated
89%
High-School Grad
13.7 sq mi
ZIP Area
1,070
Density / Sq Mi
$54,663
Median Household Income
$47,077
Median Earnings
$1,012
Median Rent
$195,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The unit includes a separate rear room, a private half bath, and dedicated heating and cooling features.
Where is this retail space located?
The property is located at 327 5th Avenue #1 Troy, NY.
What are key features of this property?
This property features: First‑floor commercial unit with a separate rear room; Private half bath; New ventilation system and built‑in wall air‑conditioning unit
