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120 4th St
Troy, NY 12180
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,275 SF
Building Class
C
Year Built
1900
Tenancy
Single
Building Height
3 Stories
Building FAR
2.37
Lot Size
0.08 AC
Zoning
B4
Frontage
19’ on 4th St

AMENITIES

  • Bus Line
  • Signage

ABOUT 120 4TH ST , TROY, NY 12180

8.7 Cap Rate and 7.8 GRM at this brick 8,118 sq/ft mixed use commercial building featuring 7 sources of income! The 1st Floor restaurant is leased until2023 at $2100/month, has separate utilities and is equipped with Central Air, and a new boiler in 2014. There are 4 additional units above the restaurant and three are currently leased at $1,000/month. One vacant apartment (3rd Floor Front) needs minor cosmetics and boasts hardwood floors. The Studio apartment is located over the highly sought after garage, and the studio rents for $850/month, and the Garage provides an additional income of $300/month. Sprinkler system. Total Gross rents $87,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1700-101.61-2-13
Land Assessment
$23,000
Improvements Assessment
$297,000
Total Assessment
$320,000
  • Listing ID: 18347675

  • Date on Market: 1/30/2020

  • Last Updated:

  • Address: 120 4th St, Troy, NY 12180

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