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Financial
Distress signals
Property profile

369 2Nd Ave Troy, NY 12182

FOR LEASE
Other investment properties
Property ID
US63-6186273
10,574 SF 0.89 ac lot Built 1920
Last sale Aug 2006 · $267,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 369 2nd Avenue in Troy, New York is a 10,455-square-foot storefront building built with block construction and dating to 1920. The site includes central air conditioning and natural gas heating, with utilities served by public water and public sewer. Off-street parking is provided. The building is situated on Route 4 in a commercial corridor alongside NAPA Auto Parts and across from a Dollar General, with nearby businesses supporting the surrounding residential area and public…

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$570k
Assessed land$280k
Assessed improvement$290k

Value estimate

· Oct 2026
$1.10M
$990k – $1.21M
AI approach$1.10M
Submarket $/SF estimate$817k
NOI build-up
Gross scheduled income$198k
Vacancy & credit loss−$8k
Operating expenses−$57k
NOI · 1,107,758.33% cap applied$133k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$52/SF
Submarket average, outlier-cleaned · 132 recorded sales of this use type
Observed band · Q1–Q3$28 – $77
Qualifying comparables20

Cap rate analysis

How does the asset earn?
1,107,758.33%
$133k 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?
B2
JurisdictionRENSSELAER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency19.5
Law Firm17.8
Dental Office15.2

Location

369 2Nd Ave Troy, NY 12182
County assessor Recorded deeds · 1 transfer 20 qualifying comp sales 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
635 2nd, Troy, NY 12182-2437 $260,000 Dec 2025 6,630 SF
358-360 5th, Troy, NY 12182 $350,000 Feb 2025 15,198 SF
630 2nd, Troy, NY 12182-2531 $17,500 Dec 2024 5,274 SF
644 2nd, Troy, NY 12182-2445 $367,500 Jul 2024 9,840 SF
320 5th, Troy, NY 12182-3219 $150,000 Dec 2023 8,880 SF
273-275 5th, Troy, NY 12182 $134,000 Oct 2022 6,524 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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