Mixed-Use Building with
601-603 2nd Avenue, Troy, NY 12182
For Sale
$399,000
MultiFamily, Troy, NY
Property Size5,145 SF
Lot Size0.09 Acres
Price / SF$77.55
Days on Market94
Property Features for 601-603 2nd Avenue
General Information
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Additional Details
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Building Details
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Listing Agency:
Real Broker NY LLC
(855) 450-0442
Listed By:
Saad Tai · License NY #10401373295
(518) 348-9535
Added: Aug 12
Changed: Oct 29
Last Checked: Nov 13 at 4:06AM
MLS# 202623843
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Investment Insights
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Located at 601-603 2nd Avenue in Troy, NY, this 5,145-square-foot brick mixed-use property contains four residential units above two storefronts. Built in 1911, the building requires substantial work and offers a renovation-oriented configuration with residential and commercial components under one roof.
The property occupies 0.09 acres within Troy’s newly designated historic district. Public water and public sewer serve the building, while heating is provided through natural gas and space heaters. The four residential units are currently generating $3,600 per month, and the two storefronts have not yet been utilized.
The property occupies 0.09 acres within Troy’s newly designated historic district. Public water and public sewer serve the building, while heating is provided through natural gas and space heaters. The four residential units are currently generating $3,600 per month, and the two storefronts have not yet been utilized.
Key Highlights
- Four residential units over two commercial storefronts
- 5,145 square feet on 0.09 acres
- Brick construction; built in 1911
Property Analytics
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
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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
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Market
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four residential units sit above two commercial storefronts in a brick building requiring renovation.
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: Four residential units over two commercial storefronts; 5,145 square feet on 0.09 acres; Brick construction; built in 1911
