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Property profile & analytics
OFF-MARKET
Mixed-use properties

219 2Nd St Troy, NY 12180

0.17 ac lot Built 1910
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 219 2nd Street, Unit 219-221 in the vibrant city of Troy, New York, presents a compelling investment opportunity. Situated on a sizable 0.17-acre lot, this building offers significant potential for a variety of uses, catering to both commercial and residential needs. The property's address places it within easy reach of Troy's bustling downtown area, providing convenient access to a diverse range of amenities, businesses, and transportation options. The exact square footage is currently unavailable, however, the substantial lot size and prime location suggest ample space for development or expansion. The asking price of $864,900 reflects the property's considerable potential for return on investment. This is an ideal opportunity for savvy investors seeking a foothold in a thriving upstate New York market. The property's mixed-use zoning allows for flexibility in its future development, making it an attractive proposition for entrepreneurs and developers alike. Further due diligence is encouraged to fully assess the property's potential and to determine its suitability for specific business plans. Serious inquiries are welcome. Don't miss this chance to acquire a valuable asset in a rapidly growing urban center. The property's location offers excellent visibility and accessibility, making it an attractive proposition for a wide range of businesses. The 0.17-acre lot provides ample space for potential expansion or redevelopment, adding to its long-term value.

Property profile
Verified
Property type Mixed-use properties
Year built 1910
Lot 0.17 ac (7,405 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Patricelli's Deli & Catering Restaurant
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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