91 Troy RdEast Greenbush, NY 12061

Property Details for 91 Troy Rd

Year built

1955

Lot size

0.54 AC

Property size (Sq ft)

3,992 SF

Zone code

B-2

Property type

Investment properties

Property subtype

Retail residential properties

APN

382400 155.16-2-9.2

APU

38240015516292

Description

This exceptional 800-square-foot creative office space at 91 Troy offers a unique blend of retail and office functionality, perfect for a single tenant. Built in 1996, the property boasts a prime location with excellent visibility on Route 4, ensuring high traffic and brand exposure. Ample parking is readily available for both clients and employees, adding significant convenience. The space features a prominent display window, ideal for showcasing products or services, and benefits from a private entrance, providing a sense of exclusivity and privacy. The property's versatile design makes it suitable for a variety of businesses, from creative agencies and design studios to small retail operations or restaurants. The single-tenant occupancy ensures complete control and customization of the space. This is a rare opportunity to secure a well-located, highly visible, and functional commercial property in a desirable area. The property's combination of retail and office features provides a unique and adaptable space for a discerning tenant. The ample parking and private entrance further enhance the property's appeal and practicality. Don't miss this chance to establish your business in a high-traffic location with excellent visibility and convenient amenities. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,229,677

  6.5%

  $1,135,086

  7%

  $1,054,008

• Comparable approach

  Method

  Valuation

  Relative Method

  $813,906

  Geo Method

  $808,472

• Alternative Use

  Use

  Valuation

  Residential

  $1,135,086

  Hospitality

  $1,039,733

  Educational

  $865,045

  Medical

  $894,796

  Retail

  $1,345,626

Location Insight

City

East Greenbush

County

Rensselaer

State

New York

Latitude

42.6185

Longitude

-73.7026

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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