Restaurant Property with
For Sale
$599,000
572 2nd Avenue, Troy, NY 12182
Commercial Sale, Troy, NY
Property Size6,381 SF
Lot Size0.28 Acres
Price / SF$93.87
Days on Market180
Property Features for 572 2nd Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking
30
Parking features
Off Street
Directions
From I-787, take exit 9 (NY-7/Hoosick St.) toward Troy. Proceed east on Hoosick Street, then turn left onto 8th Street. Continue north and turn right onto 2nd Avenue. Property is located along 2nd Avenue in the Lansingburgh section of Troy (572 2nd Avenue).
Standard status
Active
APN
381700 80.55-3-12
Size
6,381 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Annual Amount
6407
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
basement storage
Building Details
Year built
1910
Floors in Building
2
Building materials
Brick, Vinyl Siding
Roof type
Rubber
Listing Agency:
Hanna Commercial
(518) 458-7000
Listed By:
Philip Sabatino · License #10401299525
(518) 376-2717
Added: Apr 1
Changed: Sep 12
Last Checked: Sep 27 at 10:06PM
MLS# 202614230
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 6,381-square-foot conventional restaurant property includes a commercial kitchen, dining space, bar area, extensive basement storage, and a 3-bedroom apartment above. The sale includes furniture, fixtures, and equipment, along with off-street parking. Brick and vinyl siding construction, natural gas heating, central air, public water, and public sewer serve the building. The property was built in 1910 and carries Commercial zoning.
Capital improvements include rubber roofing installed across all roof sections between 2020 and 2021, siding replacement completed between 2020 and 2022, dining room and bar flooring installed in 2019, plumbing upgrades, an energy-efficient on-demand hot water system added in 2021, and main parking lot paving completed in 2021. The front entrance glass was replaced in 2019, while facade repairs and exterior painting were completed in 2026.
The sale also includes the vacant lot at 12 115th Street across the street, providing additional land for parking, expansion, or development subject to applicable approvals.
Capital improvements include rubber roofing installed across all roof sections between 2020 and 2021, siding replacement completed between 2020 and 2022, dining room and bar flooring installed in 2019, plumbing upgrades, an energy-efficient on-demand hot water system added in 2021, and main parking lot paving completed in 2021. The front entrance glass was replaced in 2019, while facade repairs and exterior painting were completed in 2026.
The sale also includes the vacant lot at 12 115th Street across the street, providing additional land for parking, expansion, or development subject to applicable approvals.
Key Highlights
- 6,381‑square‑foot restaurant property with a 3‑bedroom apartment above
- Sale includes furniture, fixtures, equipment, commercial kitchen, dining space, and bar area
- Vacant lot at 12 115th Street included across the street
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Includes a commercial kitchen, dining areas, FF&E, substantial storage, and off-street parking for continued restaurant use.
Where is this conventional restaurant located?
The property is located at 572 2nd Avenue 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 with a 3‑bedroom apartment above; Sale includes furniture, fixtures, equipment, commercial kitchen, dining space, and bar area; Vacant lot at 12 115th Street included across the street
