424 5th Avenue

Troy, NY 12182

$399,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Very hard to find commercial corner lot over 1/2 acre in North Troy! This highly visible property is a great opportunity to relocate/expand a new buyer's business, keep as rental investment property, or future redevelopment of future site. Current two buildings on property are: Wielding Shop/2 Bay Concrete Block- 1350 Sq Ft +/- with newly rehabbed office, bath and rec. area at $2,600/month. Tenant pays all utilities. Leased to 08/2024. Also a car wash. 2,250 Sq Ft+/- Four Bay Concrete Block Building...Very hard to find commercial corner lot over 1/2 acre in North Troy! This highly visible property is a great opportunity to relocate/expand a new buyer's business, keep as rental investment property, or future redevelopment of future site. Current two buildings on property are: Wielding Shop/2 Bay Concrete Block- 1350 Sq Ft +/- with newly rehabbed office, bath and rec. area at $2,600/month. Tenant pays all utilities. Leased to 08/2024. Also a car wash. 2,250 Sq Ft+/- Four Bay Concrete Block Building set up as ground lease. $995/month. Tenant pays utilities, water and 50% of all property taxes.
  1. Listed by John A Mainello • Heer Realty, Inc.

Property Details for 424 5th Avenue

Zoning
Commercial
Waterfront
No
Parking Total
59.00

Location

Listing Courtesy of Heer Realty, Inc.
Add your commute
LISTING UPDATED: 04/18/2024 12:00 PM

Property Details for 424 5th Avenue

StatusActive
MLS #202329606
Days on Market145
Taxes$59 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1945
Lot Size0.55 AC / 23,958 SF
CountyRensselaer County

Location

Listing Courtesy of Heer Realty, Inc.
Add your commute

Building Information for 424 5th Avenue

Stories-Residences-Year Built1945Lot Size0.55 AC / 23,958 SF

Payment Calculator

$2,182 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,178

Property Taxes

$5

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 424 5th Avenue

Summary
Location and General Information
  • Postal City: Troy
  • Directions: North Troy Corner Lot at 111th St and 5th Ave.
  • City: Troy
  • State Or Province: NY
  • Postal Code: 12182
  • County Or Parish: Rensselaer
  • Latitude: 42.77
  • Longitude: -73.68
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 80.71-9-1
  • Tax Annual Amount: $59.00
School Information
  • School District: Troy
Property
Property and Assessments
  • Documents Available: LNF
  • Property Type: Commercial Sale
  • Property Type Label: Commercial Sale
  • Current Use: Automotive Sales, Business, Car Wash, Garage
Lot Information
  • Year Built: 1945
  • Lot Size Dimensions: 197x120
  • New Construction: No
  • Lot Size Acres: 0.55
  • Lot Size Area: 0.55
  • Lot Size Units: Acres
  • Lot Size Square Feet: 23640.0
Building Information
  • Business Type: Car Wash
  • Possible Use : Business: Yes
  • Possible Use : Garage: Yes
  • Possible Use : Office: Yes
  • Possible Use : OfficeRetail: Yes
  • Possible Use : Restaurant: Yes
  • Possible Use : Retail: Yes
  • Possible Use : Service Station: Yes
  • Possible Use : Tavern: Yes
Utilities
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heating: Natural Gas
  • Basement: None
  • Construction Materials: Block
  • Cooling: None
  • Cooling: No
  • Heating: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00
Rental
Rental Information
  • Tenant Pays: Heat, Hot Water, Sewer, Water, Electricity

Property History for 424 5th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 424 5th Avenue

Taxable ValueLand$28,100Additions$191,900Total$220,000
Home Facts
Total Finished SqFt1,120 SqFtAbove Grade Finished SqFt1,120 SqFtStories1Lot Size23,958 SqFtStyleService StationYear Built1950Year Renovated1980ZoningB2CountyRENSSELAERAPN381700 80.71-9-1

Schools near 424 5th 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.

Similar Homes

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424 5th Avenue is a mixed use property for sale in Troy, NY 12182. This property was listed for sale on December 14, 2023 by Heer Realty, Inc., it's currently listed at $399,000. It has been on the market for a total of 145 days and was last sold on January 28, 2013. This listing's school district is Lansingburgh Central School District. Nearby schools include Turnpike Elementary School, Rensselaer Park Elementary School and Knickerbacker Middle School. 424 5th Avenue is a 0-bed, 0-bath, mixed use property built in 1945.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Heer Realty, Inc.

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