336 Congress StTroy, NY 12180

Property Details for 336 Congress St

Year built

1920

Lot size

0.11 AC

Property size (Sq ft)

2,918 SF

Zone code

B2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

381700 101.71-7-9

APU

3817001017179

Description

This exceptional mixed-use property, located at 336 Congress Street, Unit 336 in the vibrant city of Troy, New York, presents a unique investment opportunity. Situated on a sizable 0.11-acre lot, this property offers significant potential for a variety of uses, catering to both commercial and residential needs. The exact square footage is currently unavailable, however, the generous lot size suggests ample space for development or expansion. The property's address places it within easy reach of Troy's bustling downtown area, providing convenient access to a wide range of amenities, including restaurants, shops, and public transportation. This prime location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic area. The mixed-use zoning allows for flexibility in development plans, opening doors to creative and innovative ventures. Investors and entrepreneurs alike will appreciate the potential for strong returns on investment, given the property's location and versatile nature. Further details regarding the interior layout and specific zoning regulations are available upon request. This is a rare opportunity to acquire a strategically located mixed-use property in a thriving New York city. Don't miss out on this chance to shape the future of this promising location. Contact us today to learn more and schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $724,876

  6.5%

  $669,117

  7%

  $621,323

• Comparable approach

  Method

  Valuation

  Relative Method

  $383,829

  Geo Method

  $381,266

• Alternative Use

  Use

  Valuation

  Residential

  $829,705

  Hospitality

  $760,005

  Educational

  $632,315

  Medical

  $654,062

  Retail

  $983,602

Location Insight

City

Troy

County

Rensselaer

State

New York

Latitude

42.7237

Longitude

-73.6812

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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