• Broker Karen Zalewski-Wildzunas 5188584719
  • Broker Jesse Tranvaag 5184640870

47, 53-55 Congress Street 3,231 SF 100% Leased Retail Building Troy, NY 12180 £1,356,120 (£419.72/SF)

View Photo

EXECUTIVE SUMMARY

Outstanding location in downtown Troy. Building consists of two retail spaces on the first floor (former Bruegger's Bagels and MOSS Bookstore) plus second floor retail and 4 two-bedroom apartment. Recently rehabilitated spaces which could be further subdivided for additional retail. Good restaurant, cafe, general merchandise site. Four, two-bedroom, loft apartments add considerable upside to the property.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,231 SF
Building Class
C
Year Built
1900
Price
£1,356,120
Price Per SF
£419.72
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
1.48
Lot Size
0.05 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
DMU - Downtown Mixed Use
Frontage
26 ft on Congress St

AMENITIES

  • Bus Route
Walk Score®
Walker's Paradise (91)

NEARBY MAJOR RETAILERS

Trustco Bank
Bank of America
KeyBank
Rent-A-Center
Dinosaur Bar B Que
Price Chopper
Starbucks
Friendlys
Booths

PROPERTY TAXES

Parcel Number 1700-101.53-13-10 Improvements Assessment £211,705
Land Assessment £14,315 Total Assessment £226,020

MAP

ADDITIONAL PHOTOS

View Photo Primary Photo
View Photo Building Photo
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View Photo PXL_20240529_200904937
View Photo PXL_20240418_170313341
View Photo PXL_20240418_170408664
View Photo Second Floor Plan
View Photo First Floor Plan

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