898 2Nd St, Troy, NY 12180
This exceptional commercial property, located at 898 2nd Street in Troy, New York, presents a unique investment opportunity. Priced at $99,000, this approximately 1000 square foot building sits on a 0.27-acre lot, offering significant potential for various business ventures. Its strategic location across from a Hannaford supermarket on the corner of 2nd Avenue and 126th Street ensures high visibility and convenient access for customers and employees. The property's size and location make it ideal for a range of businesses seeking a prominent presence in a bustling area of Troy. The building's square footage is estimated at approximately 1000 square feet, although precise measurements are not currently available. This presents an opportunity for a buyer to conduct their own assessment and tailor the space to their specific needs. Given the property's location and asking price, this represents a compelling investment opportunity in a growing market. The lot size of 0.27 acres provides ample space for potential expansion or outdoor amenities. The zip code is 12180, and the county is Rensselaer County (36083). Serious inquiries are encouraged to explore this promising commercial real estate offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.