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Mixed-Use Building with Storefronts
New
For Sale
$399,000

601-603 2ND Avenue, Troy, NY 12182

Upper-level residential units sit above two ground-floor storefronts in a designated historic district.

Property Size5,800 SF
Price / SF$68.79
Days on Market6

Property Features for 601-603 2ND Avenue

General Information

Standard status Active
Size 5,800 SF
Property subtype Multi-family

Property Condition

Severity Minor
Evidence need real work

Building Details

Year Built 1911
Listing Agency: Real Broker NY LLC
Listed By: Saad Tai
Source: Signatureonerealtygroup
Added: Aug 11 Changed: Aug 15 Last Checked: Aug 15 at 8:11AM

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 Real Broker NY LLC

Investment Insights

Based on property information with market context.

Built in 1911, this 5,800-square-foot mixed-use property combines four residential units with two storefronts at the street level. The residential component occupies the upper floor, while the commercial spaces provide separate ground-floor areas. The building requires renovation, offering a clear opportunity to reposition both the apartments and storefronts through improvements.

The property is located within Troy’s newly designated historic district, adding a recognized historic setting to the mixed-use configuration. Its combination of residential occupancy and street-facing commercial space supports a range of renovation and stabilization strategies while preserving the building’s original mixed-use format.

Key Highlights

  • 5,800‑square‑foot mixed‑use building
  • Four residential units above two storefronts
  • Built in 1911

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage HVAC Service Computer & Electronic Repair

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

371
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Upper-level residential units sit above two ground-floor storefronts in a designated historic district.
Where is this mixed-use property located?
The property is located at 601-603 2ND Avenue Troy, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 5,800‑square‑foot mixed‑use building; Four residential units above two storefronts; Built in 1911
More about this property
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