Downtown Troy Mixed-Use
For Sale
$989,000
55-57 3rd Street, Troy, NY 12180
17,100 SF mixed-use building in Downtown Troy.
Property Size17,100 SF
Price / SF$57.84
Days on Market110
Property Features for 55-57 3rd Street
General Information
Standard status
Active
Size
17,100 SF
Property subtype
Mixed Use
Building Details
Building Size
17,100 SF
Listing Agency:
Pyramidbrokerage
(518) 489-9199
Listed By:
Pyramid Brokerage Albany
(518) 489-9199
Source:
Pyramidbrokerage
Added: May 14
Changed: Aug 8
Last Checked: Aug 30 at 12:53PM
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 Pyramidbrokerage
Investment Insights
Based on property information with market context.
This +/- 17,100 square foot mixed-use building is located in the heart of Downtown Troy. The three-story historic building, originally constructed in 1890, includes a full basement. It currently operates as a boutique wedding venue and was formerly the home of the Franklin Alley Social Club. The Mixed Use Downtown (MU-DT) zoning allows for a wide variety of potential uses. The upper floors lay out great for residential conversions. Significant recent capital improvements have been made.
Key Highlights
- +/- 17,100 sf mixed use building in Downtown Troy.
- Mixed Use Downtown (MU‑DT) zoning allows for a wide variety of potential uses.
- Upper floors ideal for residential conversions.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,099
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 17,100 SF mixed-use building in Downtown Troy.
Where is this mixed-use property located?
The property is located at 55-57 3rd Street Troy, NY.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: +/- 17,100 sf mixed use building in Downtown Troy.; Mixed Use Downtown (MU‑DT) zoning allows for a wide variety of potential uses.; Upper floors ideal for residential conversions.
