55 3Rd St Troy, NY 12180
This exceptional mixed-use property at 55 3rd Street in Troy, New York, presents a unique investment opportunity. The building, constructed in 1890, boasts 17,100 square feet spread across three stories. Its permitted zoning is B4, offering flexibility for a variety of uses. The building's 0.13-acre lot provides ample space, while its prime location in the heart of historic Troy ensures high visibility and accessibility. The asking price for the building is $1,600,000, translating to a price per square foot of $93.57. The property features a blend of office and retail space, making it ideal for a diverse range of businesses. The building's address is 55 3rd Street, Troy, NY 12180, with the Assessor's Parcel Number (APN) being 101.53-8-11. Note that the listed price of $1,600,000 is for the building only
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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
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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.