462-470 2Nd Ave Troy, NY 12182
- Commercial real estate
- 6,098 SF
Current Use by Public Records
- Commercial real estate
Property Details for 462-470 2Nd Ave
- Year built
- 1850
- Property size
- 6,098 SF
- Property type
- Commercial real estate
Description
This exceptional mixed-use property, located at 462-470 2nd Ave in Troy, NY, presents a compelling redevelopment opportunity. Priced at $2,900,000, this 6,098 square foot lot boasts a prime corner location at the main entry point to North Troy, directly across the bridge from Cohoes. The property features 100 feet of frontage along 2nd Avenue and extends 120 feet deep to an alley. Its strategic position is further enhanced by its proximity to established businesses, including a Stewart's Shop, Mr. Subb, and a CVS Pharmacy, located at nearby corners and across the street. This high-traffic area benefits from significant daily traffic counts, with an AADT of 13,837, and eastbound and westbound counts of 7,029 and 6,808 respectively. The property currently includes existing buildings that would require demolition to facilitate redevelopment. The permitted zoning is B2, offering flexibility for a variety of commercial uses. This location is ideal for a national retail brand seeking high visibility and significant foot traffic. Built in 1850, this site offers a unique chance to create a modern commercial space in a well-established and thriving community. The price per square foot is $475.57.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Rensselaer
- State
- New York
- Longitude
- -73.679118425769
- Latitude
- 42.770661262303
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
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Visits by month885
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Visitors by month406
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Avg Time on site30 min