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- LoopNet Team
15-25 Fourth St
Troy, NY 12180
Uncle Sam Lot · Land For Sale · 1.66 AC
Investment Highlights
- Potential for 400,000+ SF of development
- River-front views
PROPERTY FACTS
Description
A tremendous opportunity for development in downtown Troy! Offered as part of a three tax lot portfolio (2 3rd St & 49 4th St). Former site of the Uncle Sam's parking garage which was demolished in 2021/2022 and vacant since. Cleared, re-zoned and repositioned for the development of approximately 1.66 acres in the Downtown Mixed-Use zoning district and the Downtown II development intensity zone. Permitted as-of-right for at least 7 stories of structural height and 85% maximum impervious lot coverage, the potential is here for over 400,000 SF of commercial or residential development to be located on the Hudson River and right off of a major highway in the region's second-largest city. Contact the LBO for full offering memorandum and additional information.
PROPERTY TAXES
| Parcel Number | 1700-101.45-3-2 | Improvements Assessment | $0 |
| Land Assessment | $851,500 | Total Assessment | $851,500 |
PROPERTY TAXES
zoning
| Zoning Code | DMU (Downtown Mixed-Use) (Downtown II Intensity Zone, Historic District Overlay, & Resilient Waterfront Overlay) |
| DMU (Downtown Mixed-Use) (Downtown II Intensity Zone, Historic District Overlay, & Resilient Waterfront Overlay) |
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