47, 53-55 Congress Street
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47, 53-55 Congress Street
3,231 SF 100% Leased Retail Building Troy, NY 12180 $1,800,000 ($557/SF)
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
$1,800,000
Price Per SF
$557
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.48
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
DMU - Downtown Mixed Use
Frontage
26 FT on Congress St
Amenities
- Bus Line
Walk Score ®
Walker's Paradise (91)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1700-101.53-13-10 | Improvements Assessment | $281,000 |
Land Assessment | $19,000 | Total Assessment | $300,000 |
PROPERTY TAXES
Parcel Number
1700-101.53-13-10
Land Assessment
$19,000
Improvements Assessment
$281,000
Total Assessment
$300,000
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47, 53-55 Congress Street
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