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719 Second Ave
Troy, NY 12182
Retail Property For Sale
Investment Highlights
- 10,000 car traffic count, 30 to 40 mph, corner lot
Executive Summary
Listing includes 717 second ave ( extra bldg lot) and 719 second ave. (bldg), also included is the laundromat ( Lansing Laundry llc) one side is a vacant store front, was H & R Block and a game store. Upstairs apt is up to date and is rented. Security cameras in place, operate from alarm.com. Building and business will be sold together will not hold paper.Operate two businesses at once. Financials will be discussed in person and upon signing a NDA. Owned it 20 years. owner is retiring.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,269 SF
Building Class
B
Year Built
1970
Price
$549,000
Price Per SF
$432.62
Cap Rate
9%
NOI
$49,410
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.28 AC
Zoning
B-5
Parking
22 Spaces (17.34 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 1700-080.40-6-1 | Improvements Assessment | $160,500 |
| Land Assessment | $14,500 | Total Assessment | $175,000 |
Property Taxes
Parcel Number
1700-080.40-6-1
Land Assessment
$14,500
Improvements Assessment
$160,500
Total Assessment
$175,000
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