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Mixed-Use Property with Restaurant
For Sale
$599,000

572 2ND AVE Unit 572, Troy, NY 12182

Restaurant-oriented property with commercial kitchen, apartment space, parking, and flexible COR zoning subject to approval.

Property SizeContact for details
Days on Market176

Property Features for 572 2ND AVE Unit 572

General Information

Standard status Active
Property subtype Mixed Use
Zoning COR

Additional Details

Furnished Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $6,407

Amenities

Central Air
3
Rubber
Commercial
Parking.
30 Parking Spaces. Private, Paved Driveway, Off Street.
100X120

Building Details

Year Built 1910
Listing Agency:
Listed By: Hanna Commercial
Source: Xome
Added: Mar 8 Changed: Aug 30 Last Checked: Aug 30 at 2:06PM

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

Investment Insights

Based on property information with market context.

This mixed-use property includes a restaurant facility with a commercial kitchen, dining area, extensive basement storage, and all FF&E included in the sale. A 3-bedroom apartment is located above the commercial space, providing potential for owner occupancy or rental income. The property was built in 1910 and includes a large paved parking area with a private driveway and off-street parking.

Located in a COR (Commercial Office Retail) mixed-use zoning district, the site supports restaurant, retail, office, medical, professional service, and residential/commercial mixed-use applications subject to approval. The sale also includes the vacant lot at 12 115th St across the street, creating additional land associated with the offering.

Key Highlights

  • COR (Commercial Office Retail) mixed‑use zoning; restaurant, retail, office, medical, professional service, and residential/commercial uses subject to approval
  • Restaurant includes commercial kitchen, dining area, FF&E, and extensive basement storage
  • 3‑bedroom apartment above the commercial space

Property Analytics

Current Use

Verdile's Restaurant Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage HVAC Service Spa & Massage Center

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

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant-oriented property with commercial kitchen, apartment space, parking, and flexible COR zoning subject to approval.
Where is this mixed-use property located?
The property is located at 572 2ND AVE Unit 572 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: COR (Commercial Office Retail) mixed‑use zoning; restaurant, retail, office, medical, professional service, and residential/commercial uses subject to approval; Restaurant includes commercial kitchen, dining area, FF&E, and extensive basement storage; 3‑bedroom apartment above the commercial space
More about this property
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