Restaurant Building with
For Sale
$599,000
572 2nd Avenue, Troy, NY 12182
COMMERCIAL - Troy, NY
Property Size6,381 SF
Lot Size0.28 Acres
Price / SF$93.87
Days on Market135
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
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: Aug 4
Last Checked: Aug 13 at 5:06PM
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 restaurant property includes a commercial kitchen, dining and bar areas, extensive basement storage, and a three-bedroom apartment on the upper level. The sale includes furniture, fixtures, and equipment. Building improvements include rubber roofing completed between 2020-2021, siding replaced between 2020-2022, updated dining and entrance flooring, new chandelier lighting, plumbing work, an energy-efficient on-demand hot water system, front entrance glass replacement, and facade repairs with exterior painting completed in 2026.
Located at 572 2nd Avenue in Troy, the property is positioned within a COR (Commercial Office Retail) mixed-use zoning district. Restaurant, retail, office, medical, professional service, and mixed-use residential/commercial applications are identified as possible uses subject to approval. The site includes off-street parking, a 0.28-acre lot, and a vacant lot at 12 115th Street across the street that is included in the sale.
Located at 572 2nd Avenue in Troy, the property is positioned within a COR (Commercial Office Retail) mixed-use zoning district. Restaurant, retail, office, medical, professional service, and mixed-use residential/commercial applications are identified as possible uses subject to approval. The site includes off-street parking, a 0.28-acre lot, and a vacant lot at 12 115th Street across the street that is included in the sale.
Key Highlights
- 6,381‑square‑foot restaurant property with commercial kitchen, dining areas, bar space, and basement storage
- Three‑bedroom apartment above the restaurant for owner occupancy or rental income
- COR (Commercial Office Retail) mixed‑use zoning; additional uses subject to approval
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The property combines restaurant improvements, an upper-level apartment, and COR 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: 6,381‑square‑foot restaurant property with commercial kitchen, dining areas, bar space, and basement storage; Three‑bedroom apartment above the restaurant for owner occupancy or rental income; COR (Commercial Office Retail) mixed‑use zoning; additional uses subject to approval
