Lansingburgh Mixed-Use Property For
For Sale
$599,000
572 2nd Avenue, Troy, NY 12182
Mixed-use property with restaurant, apartment, and development potential.
Property Size6,381 SF
Price / SF$93.87
Days on Market119
Property Features for 572 2nd Avenue
General Information
Standard status
Active
Size
6,381 SF
Property subtype
Mixed Use
Listing Agency:
Pyramidbrokerage
(518) 489-9199
Listed By:
Pyramid Brokerage Albany
(518) 489-9199
Source:
Pyramidbrokerage
Added: Apr 4
Changed: Jul 10
Last Checked: Jul 31 at 2:54AM
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 Pyramidbrokerage
Investment Insights
Based on property information with market context.
This is an exceptional opportunity to acquire a long-standing property with over 80 years of community presence. Located in the Lansingburgh area, the property is situated in a COR (Commercial Office Retail) mixed-use zoning district, allowing for restaurant, retail, office, medical, professional services, or mixed-use residential/commercial applications, subject to approval. The sale includes all FF&E for turnkey operation. Features include a commercial kitchen, dining space, a large parking lot, and extensive basement storage. Additionally, there is a 3-bedroom apartment above, suitable for owner occupancy or rental income. The property also includes a vacant lot at 12 115th St across the street, offering added development or expansion potential. The property size is 6381 square feet.
Key Highlights
- Turnkey restaurant operation with all FF&E included.
- COR zoning allows for diverse commercial and residential uses (subject to approval).
- Includes a 3‑bedroom apartment for owner occupancy or rental income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Mixed-use property with restaurant, apartment, and development potential.
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: Turnkey restaurant operation with all FF&E included.; COR zoning allows for diverse commercial and residential uses (subject to approval).; Includes a 3‑bedroom apartment for owner occupancy or rental income.
