$2,200/Mo 715 SF available

233 N Greenbush Rd, Troy, NY 12180
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The property at 233 N Greenbush Road is a retail-oriented commercial storefront building located along Route 4 in Troy, NY. The building was constructed in 1972 and is configured for retail use with road exposure suitable for customer access from the frontage. The site is positioned along a commuter route with proximity to I-90 and is surrounded by established commercial amenities and nearby residential communities. The building’s lease arrangement includes heat and utilities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?

Assessed value · 2023$76k

Assessed land$31k

Assessed improvement$45k

Value estimate

· Oct 2026

$190k

$171k – $209k

AI approach$190k

NOI build-up

Gross scheduled income$14k

Vacancy & credit loss−$569

Operating expenses−$4k

NOI · 413.23% cap applied$9k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$54/SF

County average, outlier-cleaned · 31 recorded sales of this use type

Observed band · Q1–Q3$32 – $78

Cap rate analysis

How does the asset earn?

413.23%

$9k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

JurisdictionRENSSELAER

Location intelligence

Which uses thrive at this corner?

Best fit: HVAC Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

HVAC Service9.7

Parking Facility8.9

Kitchen & Bath8.9

233 N Greenbush Rd Troy, NY 12180

County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby

Address Sale price Sold Size

219 4th, Troy, NY 12180-4503 $300,000 Feb 2026 4,175 SF

4th, Troy, NY 12180 $6,300,000 Jan 2025 87,920 SF

3027 6th, Troy, NY 12180-1320 $210,000 Sep 2024 5,426 SF

625 Hoosick, Troy, NY 12180-6728 $875,000 May 2024 2,654 SF

30 3rd, Troy, NY 12180-3906 $4,015,000 Apr 2024 44,016 SF

500 Federal, Troy, NY 12180-2835 $3,200,000 Feb 2024 63,212 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

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Ask anything about this address in plain English.

“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”

233 N Greenbush Rd Troy, NY 12180

Property summary