Last Sold Price
8,496 sqft$67/sqft
342 Congress St, Troy, NY 12180

Description

Portfolio: 338, 340 & 342 Congress St. multi-use property consisting of two buildings and a parking lot with (4) 2-bedroom apartments, and (2) retail spaces: a new bakery and a large owner-occupied business. There are nine paved and striped parking spaces and a grassy lawn area in the back fenced lot. All apartments are leased on a month-to-month basis. The bakery has a 5-year lease. Current annual income, which is well below market value is $54,300. With renovations, approximately $123,600 annual...Portfolio: 338, 340 & 342 Congress St. multi-use property consisting of two buildings and a parking lot with (4) 2-bedroom apartments, and (2) retail spaces: a new bakery and a large owner-occupied business. There are nine paved and striped parking spaces and a grassy lawn area in the back fenced lot. All apartments are leased on a month-to-month basis. The bakery has a 5-year lease. Current annual income, which is well below market value is $54,300. With renovations, approximately $123,600 annual rent could be achieved for a 13% cap. Family-owned floor covering business est. in 1974 is also for sale. Contact agent for details.
LISTING CLOSED: 10/21/2024 12:00 AM

  1. Listed by Deanna Dal Pos • NAI Platform LLC
    P: (518) 465-1400 C: (518) 465-1400 ddalpos@naiplatform.com

Property Details for 342 Congress Street

Status
MLS #
202314160
Days on Market
467
Taxes
$10,578 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Mixed Use
MLS Type
Commercial Sale / Mixed Use
Year Built
1890
Lot Size
0.22 AC / 9,583 SF
Zoning
Commercial
Waterfront
No
Parking Total
9.00

Recent comparable sales

Median sold price

$560,000

Avg days on market

39

Sale-to-list ratio

96.1%

[Troy, NY]

9 comparable properties found

$560,000 | 147 4th Street, Troy, NY 12180
1/35
1

$560,000

Sold 04/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
3,715
Square Feet
0.07
Acres
$630,000 | 206 1st Street, Troy, NY 12180
1/33
2

$630,000

Sold 09/05/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.45
Acres
$450,000 | 332 1st Street, Troy, NY 12180
1/2
3

$450,000

Sold 07/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
4,840
Square Feet
0.3
Acres
4

$515,000

Sold 03/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
7,703
Square Feet
0.2
Acres
5

$500,000

Sold 10/15/24

Unavailable
Bedrooms
Unavailable
Bathrooms
6,474
Square Feet
0.09
Acres
6

$800,000

Sold 10/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
7,820
Square Feet
0.07
Acres
7

$560,000

Sold 12/11/24

Unavailable
Bedrooms
Unavailable
Bathrooms
15,947
Square Feet
0.15
Acres
8

$725,000

Sold 10/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
6,749
Square Feet
0.32
Acres
9

$625,000

Sold 03/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,583
Square Feet
0.06
Acres

Location

Listing Courtesy of NAI Platform LLC

Sold By NAI Platform LLC

Add your commute

Building Information for 342 Congress Street

Stories3Residences-Year Built1890Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$3,774 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,892

Property Taxes

$882

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 342 Congress Street

Summary
Location and General Information
  • Postal City: Troy
  • Directions: Adjacent to Prospect Park and near the RPI Hill. North of the crossroads of 14th and Marshall St. On the right heading south on Congress St.
  • City: Troy
  • State Or Province: NY
  • Postal Code: 12180
  • County Or Parish: Rensselaer
  • Latitude: 42.72
  • Longitude: -73.68
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 12.000
  • Tax Block: 7
  • Parcel Number: 381700 101.71-7-12
  • Tax Tract: 101.71
  • Tax Annual Amount: $10,578.00
School Information
  • School District: Troy
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: Commercial Sale
  • Property Type Label: Commercial Sale
  • Current Use: Mixed Use
Lot Information
  • Year Built: 1890
  • Lot Size Dimensions: 75x130
  • New Construction: No
  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9583.0
Building Information
  • Building Area Total: 8496.0
  • Living Area: 8496.0
  • Possible Use : Mixed Use: Yes
Utilities
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heating: Hot Water
  • Basement: Full, Pillar/Post/Pier, Unfinished
  • Construction Materials: Frame, Block, Brick
  • Cooling: Other
  • Cooling: Yes
  • Heating: Yes
  • Stories: 3
Room Information
Bathrooms
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00
Rental
Rental Information
  • Land Lease: No
  • Tenant Pays: Heat, Internet, Telephone, Electricity

Property History for 342 Congress Street

DateEvent & SourcePriceAppreciation
Oct 21, 2024

Sold

GLOBAL MLS #202314160

$569,000
Jul 10, 2024

Pending

GLOBAL MLS #202314160

Mar 29, 2023

Price Change

GLOBAL MLS #202314160

$625,000
DateEvent & SourcePrice
10/21/2024

Sold

GLOBAL MLS #202314160

$569,000
07/10/2024

Pending

GLOBAL MLS #202314160

03/29/2023

Price Change

GLOBAL MLS #202314160

$625,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 342 Congress Street

Taxable ValueLand$7,500Additions$122,500Total$130,000
Home Facts
Baths3.5Total Finished SqFt5,348 SqFtAbove Grade Finished SqFt5,348 SqFtStories3Lot Size3,049 SqFtStyleOffice BuildingYear Built1890Year Renovated1980ZoningMU2CountyRENSSELAERAPN381700 101.71-7-12

Schools near 342 Congress Street

This home is within Troy City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
P.S. 14
PublicPK to 5

Troy Middle School
Public6 to 8

Troy High School
Public9 to 12

Susan Odell Taylor School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 12180

$120,000 | 111 6th Avenue, Troy, NY 12180
1/30
New

$120,000

Unavailable
Bedrooms
1
Bathrooms
960
Square Feet
0.1
Acres
$425,000 | 14 Orchard Lane, North Greenbush, NY 12180
1/33

$425,000

Unavailable
Bedrooms
2
Bathrooms
1,975
Square Feet
0.68
Acres
$275,000 | 27 Lilac Lane, Troy, NY 12180
1/37

$275,000

Unavailable
Bedrooms
2
Bathrooms
2,200
Square Feet
0.62
Acres
$280,000 | 345-349 4th Street, Troy, NY 12180
1/31

$280,000

Unavailable
Bedrooms
2
Bathrooms
2,210
Square Feet
0.13
Acres
$129,000 | 47 13th Street, Troy, NY 12180
1/25

$129,000

Unavailable
Bedrooms
1
Bathrooms
684
Square Feet
0.06
Acres
$220,000 | 306 4th Street, Troy, NY 12180
1/3

$220,000

Unavailable
Bedrooms
3
Bathrooms
2,289
Square Feet
0.07
Acres
$350,000 | 5 Crescent Lane, Brunswick, NY 12180
1/50

$350,000

Unavailable
Bedrooms
2
Bathrooms
1,602
Square Feet
0.48
Acres
$259,900 | 397 Creek Road, Brunswick, NY 12180
1/49
Open: 8/16 12:00PM - 02:00PM

$259,900

Unavailable
Bedrooms
1
Bathrooms
1,041
Square Feet
0.21
Acres
$2,700,000 | 171 Hill Street, Troy, NY 12180
1/58

$2,700,000

Unavailable
Bedrooms
24
Bathrooms
5,488
Square Feet
0.27
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 342 Congress Street, Troy, NY 12180
$569,000
8,496
9,583
$72,500
3,744
3,049
$68,000
$46,728
3,049
$370,000
2
2,918
4,791
$185,100
7,500
9,750

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAI Platform LLC

©2026 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.