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Financial
Distress signals
Property profile

351-361 2Nd St Troy, NY 12180

FOR SALE
Other industrial properties
Property ID
US63-1712496
18,232 SF 0.53 ac lot Built 1920
Last sale Jul 2023 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an industrial warehouse facility with approximately 19,000 square feet of building area, located in a central area of the city of Troy. The warehouse includes a portion with 19-foot ceilings. Vehicle access is provided by two large overhead doors, each measuring 10 feet by 20 feet. The building is served by a 3-phase 240V power supply. The property sits on a lot measuring approximately 0.53 acres.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$456k
Assessed land$54k
Assessed improvement$403k

Value estimate

· Oct 2026
$410k
$369k – $451k
AI approach$370k
NOI build-up
Gross scheduled income$180k
Vacancy & credit loss−$16k
Operating expenses−$25k
NOI · 27.92% cap applied$139k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
27.92%
$139k 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?
R4
JurisdictionRENSSELAER

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand index
Electrical Service9.5
Dry Cleaner9.2
Carpet & Flooring Store9.1

Location

351-361 2Nd St Troy, NY 12180
County assessor Recorded deeds · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
245 1st, Troy, NY 12180 $825,000 Nov 2022 13,950 SF
274 2nd, Troy, NY 12180-4616 $365,000 Dec 2021 16,467 SF
3 Industrial, Troy, NY 12180-5942 $1,175,000 Feb 2021 26,158 SF
10 Industrial, Troy, NY 12180-5942 $5,750,000 Nov 2019 33,543 SF
15 Middleburgh, Troy, NY 12180-1526 $230,000 Mar 2019 12,375 SF
295 1st, Troy, NY 12180-4612 $358,000 Feb 2019 19,693 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.
Comparable nearby
6 properties of the same type nearby
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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?”
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