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Downtown Troy Mixed-Use Building
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47 53-55 Congress Street, Troy, NY 12180

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

Property SizeContact for details
Days on Market199

Property Features for 47 53-55 Congress Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: Berkshire Hathaway HomeServices Blake, REALTORS Albany
Listed By: Karen Zalewski-Wildzunas · License #NY 10401299136
Source: Crexi
Added: Feb 2 Changed: Aug 12 Last Checked: Aug 20 at 5:17PM

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 Berkshire Hathaway HomeServices Blake, REALTORS Albany

Investment Insights

Based on property information with market context.

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 business. The four loft apartments provide additional income potential.

Key Highlights

  • Outstanding downtown Troy location.
  • Two retail spaces on the first floor.
  • Four two‑bedroom loft apartments.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Veterinary Clinic Carpet & Flooring Store Butcher Locksmith

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

2,099
Businesses Nearby
53k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 26% Hotels & Casinos 8% Home Improvements & Furnishings 7%
Dinosaur Bar-B-Que Dining
13,805 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,782 visits/mo 0.5 miles
Dunkin' Donuts Dining
5,981 visits/mo 0.0 miles
Gulf Oil Shops & Services
4,586 visits/mo 0.5 miles
Best Western Plus Franklin Square Inn Troy/Albany Hotels & Casinos
4,137 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

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 53-55 Congress Street 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.
(518) 858-4719 Call to check price and availability
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