53-55 Congress StTroy, NY 12180

Property Details for 53-55 Congress St

Year built

1900

Lot size

0.06 AC

Property size (Sq ft)

6,372 SF

Zone code

B4

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

381700 101.53-13-10

APU

381700101531310

Description

This exceptional mixed-use property, located at 47, 53-55 Congress Street in Troy, New York, presents a compelling investment opportunity. The 9,265 square foot building, constructed in 1900, features a prime downtown location and is zoned DMU (Downtown Mixed Use). The two-story structure sits on a 0.16-acre lot (APN 101.53-13-12) and comprises two ground-floor retail spaces – previously occupied by Bruegger's Bagels and MOSS Bookstore – along with additional second-floor retail space. Adding significant value are four spacious two-bedroom loft apartments, offering considerable rental income potential. The property has undergone recent renovations, but further subdivision of the retail space is possible, creating additional income streams. Its ideal location makes it suitable for a variety of retail uses, including restaurants, cafes, or general merchandise. The combination of established retail and residential components provides a strong foundation for a profitable investment. This is a rare opportunity to acquire a well-located, mixed-use property in the thriving downtown Troy market.

Location Insight

City

Troy

County

Rensselaer

State

New York

Latitude

42.729

Longitude

-73.6915

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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