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    Property profile & analytics
    OFF-MARKET
    Retail space

    898 2nd Ave, Troy, NY 12182-1937

    1,983 SF 0.27 ac lot Built 1975
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US63-2351199
    Property summary
    AI-generated overview

    This exceptional 7,000-square-foot retail space is ideally situated at 898 2nd Avenue in Troy, New York, within Rensselaer County. The property offers a single-tenant occupancy opportunity, presenting a blank canvas for a wide range of retail businesses. The entire 7,000 square feet is currently vacant, providing immediate access for a new tenant to customize the space to their specific needs. The building's total square footage is also 7,000 square feet, ensuring complete control and utilization of the entire property. Located in the vibrant city of Troy, this property benefits from excellent visibility and accessibility, making it an attractive location for businesses seeking high foot traffic and convenient access for customers. The property's address is 898 2nd Avenue, Troy, NY 12182. This presents a rare opportunity to establish a strong retail presence in a thriving New York community. The property is classified as commercial retail and is available for lease. The geographic coordinates are latitude 42.7879734 and longitude -73.6709046. This single-tenant space offers a unique chance to create a thriving business in a desirable location. Serious inquiries are encouraged to explore this exceptional retail opportunity further.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1975
    Total area 1,983 SF
    Lot 0.27 ac (11,761 SF)
    Zoning code B3
    APN 381700 70.80-2-7
    UPID US63-2351199
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Troy Realty Partners LLC · 3 yrs held
    Troy Realty Partners LLC
    since 2022
    Last sale
    $85,000
    2 recorded transactions
    2022
    $150,000
    2016
    $50,000
    Zoning & alternative use
    B3 · Troy, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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