76 Greenbush RdTroy, NY 12180

Property Details for 76 Greenbush Rd

Year built

1969

Lot size

1.08 AC

Property size (Sq ft)

5,937 SF

Zone code

BN

Property type

Drive through restaurants

APN

383200 123.9-2-6

APU

383200123926

Description

This exceptional retail space, located at 76 North Greenbush Road in Troy, New York, offers 1,650 square feet of newly constructed commercial space within a larger 3,571 square foot building. Built in 2023, the single-story building features a total of three suites, with one suite currently available for lease. The available space is ideal for a variety of retail uses, offering a minimum divisible space of 1,650 square feet and a maximum contiguous space of 1,650 square feet. The property boasts ample parking with 45 spaces available for customers and employees. Situated in a high-traffic area zoned BG - General Business (APN: 123.9-2-6), this location benefits from its proximity to key institutions such as Hudson Valley Community College and the LaSalle School, ensuring a strong customer base. The property is part of a newly constructed retail plaza, sharing space with an established Dunkin' Donuts, further enhancing its visibility and appeal. This presents a unique opportunity for businesses seeking a modern, well-located retail space in a thriving community within Rensselaer County. The property's convenient location and modern amenities make it an attractive option for businesses looking to establish or expand their presence in the Troy market. The address is 76 N Greenbush Rd, Troy, NY 12180.

• CAP approach

  CAP return

  Valuation

  6%

  $2,168,019

  6.5%

  $2,001,248

  7%

  $1,858,302

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,967,976

  Geo Method

  $1,954,836

• Alternative Use

  Use

  Valuation

  Residential

  $1,688,128

  Hospitality

  $1,546,316

  Educational

  $1,286,517

  Medical

  $1,330,762

  Retail

  $2,001,248

Location Insight

City

Troy

County

Rensselaer

State

New York

Latitude

42.6916

Longitude

-73.6874

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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