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Restaurant With Upstairs Apartment

572 2nd Ave, Troy, NY 12182

For Sale
Contact for pricing

Commercial kitchen, dining area, basement storage, parking, and COR zoning support multiple applications subject to approval.

Property Size6,381 SF
Price / SF$93.87
Days on Market199

Property Features for 572 2nd Ave

General Information

Standard status Active
Size 6,381 SF
Total Parking Spaces 30
Property subtype Retail, Mixed Use
Zoning mixed-use

Additional Details

Furnished Yes
Equipment Included Yes

Building Details

Year Built 1910
Buildings 1
Stories 2
Listing Agency: Hanna Commercial Albany
Listed By: Philip Sabatino · License NY #10401299525
Source: Crexi
Added: Apr 29 Changed: Nov 12 Last Checked: Nov 12 at 5:10AM

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 Hanna Commercial Albany

Rey
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Investment Insights

Based on property information with market context.

This 6,381-square-foot restaurant property at 572 2nd Ave includes a commercial kitchen, dining space, extensive basement storage, and a large parking lot. The sale includes all FF&E. A 3-bedroom apartment is located above the restaurant and may support owner occupancy or rental income.

The property is in a COR (Commercial Office Retail) mixed-use zoning district. Restaurant, retail, office, medical, professional services, and mixed-use residential/commercial applications are identified as possible uses subject to approval. The sale also includes a vacant lot at 12 115th St across the street, providing additional land for potential development or expansion.

Key Highlights

  • 6,381‑square‑foot restaurant property at 572 2nd Ave, Troy, NY 12182
  • Commercial kitchen, dining space, extensive basement storage, and large parking lot
  • Sale includes all FF&E

Property Analytics

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

Current Use

Verdile's Restaurant Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage HVAC Service Bakery

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

378
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 98% Electronics 2%
Cumberland Farms Shops & Services
16,027 visits/mo 0.4 miles
Mobil Shops & Services
4,368 visits/mo 0.3 miles
Advance Auto Parts Shops & Services
3,678 visits/mo 0.5 miles
Boost Mobile Electronics
577 visits/mo 0.1 miles
Liberty Tax Shops & Services
404 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
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Market

Average Price Trend$/SF for Conventional restaurants in Troy, NY

$186 Jul
$157 Aug
$338 Sep
$324 Oct

Properties on Market for Conventional restaurants in Troy

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial kitchen, dining area, basement storage, parking, and COR zoning support multiple applications subject to approval.
Where is this conventional restaurant located?
The property is located at 572 2nd Ave 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: 6,381‑square‑foot restaurant property at 572 2nd Ave, Troy, NY 12182; Commercial kitchen, dining space, extensive basement storage, and large parking lot; Sale includes all FF&E
(518) 376-2717 · Office Call to check price and availability
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