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    Turnkey Restaurant with Owner Apartment Title is generated by Realmo AI

    572 2nd Avenue, Troy, NY 12182

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    For Sale
    $599,000

    COMMERCIAL - Troy, NY

    Property size:
    6,381 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $93/SF
    Added:
    Apr 1, 2026
    Days on Market:
    89
    Last Refresh:
    Jun 28 at 2:06 pm

    Property Features for 572 2nd Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Parking
    30
    Parking features
    Off Street
    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

    Building Details

    Year built
    1910
    Floors in Building
    2
    Building materials
    Brick, Vinyl Siding
    Roof type
    Rubber

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    Contact an agent
    Philip Sabatino
    Philip Sabatino

    Listing agent Philip Sabatino License #10401299525

    Listing office Hanna Commercial 20 Aviation Road, Clifton Park, NY

    Listing date Apr 1, 2026

    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.

    HighLights

    • Long‑standing Lansingburgh restaurant property built in 1910 with commercial kitchen, dining space, and an apartment above
    • COR (Commercial Office Retail) zoning allows restaurant, retail, office, medical, professional services, or mixed‑use residential/commercial (subject to approval)
    • Sale includes all FF&E for turnkey operation, plus a 3‑bedroom apartment above for owner occupancy or rental income
    • Large parking lot with off‑street parking, and includes the vacant lot at 12 115th Street across the street
    • Capital improvements include rubber roof sections replaced (2020–2021) with transferable lifetime warranty; blacktop main parking lot paving (2021)
    • Updates include siding replaced (2020–2022), on‑demand hot water system (2021), interior flooring (2019), and exterior facade repairs/painting (2026)

    Overview

    This for-sale commercial property includes Verdile’s Restaurant with the equipment and furnishing needed for a turnkey operation, along with extensive on-site amenities. The building features a commercial kitchen, dining space, large parking lot, and substantial basement storage. There is also a 3-bedroom apartment above, suitable for owner occupancy or rental income. The asset further includes a vacant lot across the street for additional development, parking, or expansion.

    The property is located at 572 2nd Avenue in Troy, NY, within a COR (Commercial Office Retail) mixed-use zoning district. According to the listing remarks, the district supports restaurant, retail, office, medical, professional services, and mixed-use residential/commercial applications, subject to approval.

    Recent improvements support continued operation and tenant flexibility. Roof sections were replaced with rubber roofing between 2020 and 2021, with a transferable lifetime warranty referenced through Full Coverage Contracting Inc. Siding was replaced between 2020 and 2022, and interior flooring updates were completed in the dining room, bar area, and front entrance in 2019. Additional work includes new dining room chandelier lighting (2019), extensive plumbing upgrades and an energy-efficient on-demand hot water system (2021), blacktop paving of the main parking lot (2021), exterior front entrance glass replacement (2019), and facade repairs and exterior painting completed in 2026.

    The configuration lends itself to operators seeking a ready-to-run restaurant location with parking and storage, or to buyers exploring conversion within COR zoning, subject to approvals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Verdile's Restaurant Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.676796
    Latitude
    42.774823

    FAQs

    What type of property is this?
    Conventional restaurant - Turnkey restaurant property with commercial kitchen, dining space, parking, and a 3-bedroom apartment above in mixed-use zoning.
    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: Long‑standing Lansingburgh restaurant property built in 1910 with commercial kitchen, dining space, and an apartment above; COR (Commercial Office Retail) zoning allows restaurant, retail, office, medical, professional services, or mixed‑use residential/commercial (subject to approval); Sale includes all FF&E for turnkey operation, plus a 3‑bedroom apartment above for owner occupancy or rental income
    More about this property
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