654 2nd Ave

—
Beds
—
Baths
2,220 Sq. Ft.
$124 / Sq. Ft.
2,220
Sq. Ft.
$124
per Sq. Ft.

Description

Significant $50,000 price improvement on this mixed-use property located in the heart of the Troy-Lansingburgh area. The offering includes the real estate and an operating laundromat with equipment. The building and business present substantial room for improvement and value-add potential, making it an excellent opportunity for investors or owner-operators looking to grow or reposition the space. High visibility location, strong neighborhood presence, and flexible future use options. Seller is motivated...Significant $50,000 price improvement on this mixed-use property located in the heart of the Troy-Lansingburgh area. The offering includes the real estate and an operating laundromat with equipment. The building and business present substantial room for improvement and value-add potential, making it an excellent opportunity for investors or owner-operators looking to grow or reposition the space. High visibility location, strong neighborhood presence, and flexible future use options. Seller is motivated and open to serious buyers!
  1. Listed by Ali D Khan • The People's Real Estate Group
    P: (518)-365-0662 C: (518)-365-0662 ali@thepeoplesrealestate.net
  2. Listed by Hassan Khan • The People's Real Estate Group
    P: (518)-951-5575 C: (518)-951-5575 Hassan@ThePeoplesRealEstate.net

Property Details for 654 2nd Avenue

Architectural Style
Office, Commercial
Zoning
Mixed
Parking Total
4.00
LISTING UPDATED: 11/15/2025 02:07 PM

Property Details for 654 2nd Avenue

StatusActive
MLS #202528047
Days on Market128
Taxes$5,025 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built-
Lot Size0.08 AC / 3,484 SF
CountyRensselaer County

Location

Listing Courtesy of The People's Real Estate Group
Add your commute

Building Information for 654 2nd Avenue

Stories-Residences-Year Built-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$1,759 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,340

Property Taxes

$419

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 654 2nd Avenue

Summary
Location and General Information
  • Postal City: Troy
  • Directions: East Side of 2nd Ave Between 117th & 118th St.
  • City: Troy
  • State Or Province: NY
  • Postal Code: 12182
  • County Or Parish: Rensselaer
  • Latitude: 42.78
  • Longitude: -73.68
Taxes and HOA
  • Association Fee: $.00
  • Tax Lot: 13.000
  • Tax Block: 6
  • Parcel Number: 381700 80.48-6-13
  • Tax Tract: 80.48
  • Tax Annual Amount: $5,025.00
School Information
  • School District: Lansingburgh
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: Commercial Sale
  • Property Type Label: Commercial Sale
  • Current Use: Laundromat
Lot Information
  • Lot Size Dimensions: 30X120
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3485.0
Building Information
  • Building Area Total: 2220.0
  • Living Area: 2220.0
Utilities
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heating: Forced Air, Natural Gas
  • Roof: Rubber
  • Basement: Full
  • Construction Materials: Brick
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00

Property History for 654 2nd Avenue

DateEvent & SourcePriceAppreciation
Oct 18, 2025

Price Change

GLOBAL MLS #202528047

$325,000—
Oct 18, 2025

Listed (Active)

GLOBAL MLS #202528047

$275,000—
Nov 4, 2019

Sold (Public Record)

Public Record #657332432

$155,000

-1.1% / yr

Jul 31, 2016

Expired

GLOBAL MLS #201322620

—
Jun 24, 2013

Listed (Active)

GLOBAL MLS #201322620

$309,500—
Apr 7, 2011

Sold (Public Record)

Public Record #311393644

$170,000

+89.2% / yr

Oct 27, 2006

Sold (Public Record)

Public Record #240748289

$10,000—
Oct 26, 2006

Sold

GLOBAL MLS #26102700

$100,000—
Jun 16, 2006

Pending

GLOBAL MLS #26102700

—
Feb 15, 2006

Listed (Active)

GLOBAL MLS #26102700

$99,500—
DateEvent & SourcePrice
10/18/2025

Price Change

GLOBAL MLS #202528047

$325,000
10/18/2025

Listed (Active)

GLOBAL MLS #202528047

$275,000
11/04/2019

Sold (Public Record)

Public Record #657332432

$155,000

-1.1% / yr

07/31/2016

Expired

GLOBAL MLS #201322620

—
06/24/2013

Listed (Active)

GLOBAL MLS #201322620

$309,500
04/07/2011

Sold (Public Record)

Public Record #311393644

$170,000

+89.2% / yr

10/27/2006

Sold (Public Record)

Public Record #240748289

$10,000
10/26/2006

Sold

GLOBAL MLS #26102700

$100,000
06/16/2006

Pending

GLOBAL MLS #26102700

—
02/15/2006

Listed (Active)

GLOBAL MLS #26102700

$99,500

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

Public Records for 654 2nd Avenue

Taxable ValueLand$4,300Additions$120,700Total$125,000
Tax Record2024$2,670 ($222 / month)
Home Facts
Total Finished SqFt2,220 SqFtAbove Grade Finished SqFt2,220 SqFtUnfinished Basement SqFt2,220 SqFtStories1Lot Size3,485 SqFtStyleOffice BuildingYear Built1910Year Renovated1980ZoningMU1CountyRENSSELAERAPN381700 80.48-6-13

Schools near 654 2nd Avenue

This home is within Lansingburgh Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Turnpike Elementary School
PublicPK to 2

Rensselaer Park Elementary School
Public3 to 5

Knickerbacker Middle School
Public6 to 8

Lansingburgh Senior High School
Public9 to 12

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.

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654 2nd Avenue is a mixed use property for sale in Troy, NY 12182. This property was listed for sale on October 18, 2025 by The People's Real Estate Group, it's currently listed at $275,000. It has been on the market for a total of 128 days and was last sold on November 4, 2019. This listing's school district is Lansingburgh Central School District. Nearby schools include Turnpike Elementary School, Rensselaer Park Elementary School and Knickerbacker Middle School. 654 2nd Avenue is a 0-bed, 0-bath, 2,220 sqft mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The People's Real Estate Group

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