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Property profile & analytics

351-361 2nd St Troy, NY 12180

  • Industrial properties
  • 18,232 SF
  • 0.53 lot acres
OFF-MARKET
Last Sale
Jul 17, 2023
$425,000
Value Estimations
$365,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-1712496
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Industrial properties

Property Details for 351-361 2nd St

Year built
1920
Lot size
0.53 lot acres
Property size
18,232 SF
Zone code
R4
Property type
Industrial properties
APN
381700 111.36-2-5
APU
3817001113625

Description

This exceptional industrial property, located at 351-361 2nd Street in Troy, New York, presents a tremendous investment opportunity. The 19,000 square foot warehouse sits on a 0.53-acre lot and offers a highly desirable location within the city, providing easy access to local amenities and transportation routes. The building features impressive 19-foot ceilings in its largest section, providing ample vertical space for storage or operations. Two large overhead doors, measuring 10 feet by 20 feet, ensure efficient loading and unloading of goods. The property is equipped with a robust 3-phase 240V power supply, catering to the needs of various industrial businesses. This versatile space is ideal for a range of uses, making it an attractive option for both established businesses seeking expansion and entrepreneurs looking to establish a new operation. The property's size, features, and location combine to create a compelling investment opportunity in a thriving urban setting. The address is 351-361 2nd Street, Troy, NY 12180, within Rensselaer County. This is a commercial and warehouse property, classified as industrial and land. The asking price is $719,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $355,000
    ML approach
    $370,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $492,000
    Market price range: $298k - $1.01M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Troy
County
Rensselaer
State
New York
Longitude
-73.6949
Latitude
42.7177
CBSA code
10580
CBSA name
ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$53,500
$402,500
$456,000
-
$76,425
$574,975
$651,400
More about this property
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