7 Madison St Troy, NY 12180
Property profile & analytics
7 Madison St Troy, NY 12180
- Warehouses
- 19,558 SF
- 1.09 lot acres
Property ID
US63-2266972
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 7 Madison St
- Year built
- 1940
- Lot size
- 1.09 lot acres
- Property size
- 19,558 SF
- Zone code
- WCD
- Property type
- Warehouses
- APN
- 381700 111.36-1-1
- APU
- 3817001113611
Description
This exceptional 37,969 square foot industrial property in Troy, NY, presents a unique investment opportunity. Located at 7 Madison Street, this vacant property offers diverse usage possibilities for both office/warehouse users and developers. The property comprises three buildings with six stories, totaling 37,969 square feet on a 1.09-acre lot. Built in 1940 and renovated in 2005, it features a 30-foot ceiling height (center) and 16-foot (corners) in the clear-span warehouse space, along with a fully furnished office area ready for immediate occupancy. The property includes one loading dock and twenty parking spaces. It is zoned WCD and offers significant potential for large-scale development, given Troy's thriving apartment and retail markets and its location within a Neighborhood V zone, actively promoting such projects. The asking price is $1,850,000 ($48.72/sq ft). This property represents an exceptional investment opportunity in a dynamic market. The combination of existing office space and substantial warehouse space makes this a versatile option for a variety of uses. The property's location and zoning provide significant upside potential for developers seeking to capitalize on Troy's growth.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Rensselaer
- State
- New York
- Longitude
- -73.6966
- Latitude
- 42.7182
- 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
$93,000
$387,000
$480,000
-
$132,854
$552,846
$685,700
