351-361 2Nd St, Troy, NY 12180
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R4 · Troy, NYTroy. Always verify with local authorities before improvements.
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.