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    640 5Th Ave Troy, NY 12182

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    For Sale
    $199,500

    Salon with modern atmosphere, seasoned clientele, and off-street parking.

    Property size:
    1,734 SF
    Lot size:
    0.14 Acres

    Property Features for 640 5Th Ave

    General Information

    Standard status
    Active
    Size
    1,734 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1953

    Source: HEER REALTY, INC. Agent DEAN W HEER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Salon in North Troy

    This is a well-established salon located in North Troy, situated on the bus line. The property features a modern atmosphere and a seasoned clientele. The 1,734 square-foot space includes 6 booths, 4 washing stations, and 2 tanning stations. It also offers a spacious lobby and off-street parking. The property has many other possible uses as well.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lloyds of Troy Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.6722593
    Latitude
    42.776589

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    FAQs

    What type of property is this?
    Retail space - Salon with modern atmosphere, seasoned clientele, and off-street parking.
    Where is this retail space located?
    The property is located at 640 5Th Ave Troy, NY.
    What is the asking price?
    The asking price for this property is $199,500.
    What are key features of this property?
    This property features: - Well-established salon with a seasoned clientele ready to be taken over.; - Prime location in North Troy on the bus line.; - Features 6 booths, 4 washing stations, and 2 tanning stations.
    (518) 272-4500
    Request Owner's contact information
    640 5Th Ave Troy, NY 12182
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    Troy, NY 12182
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    640 5Th Ave Troy, NY 12182
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