333 Hoosick StTroy, NY 12180

  • Office buildings
  • 2,280 SF

Property Details for 333 Hoosick St

Year built
1960
Lot size
0.47 AC
Property size (Sq ft)
2,280 SF
Zone code
HPD
Property type
Office buildings
APN
381700 101.34-1-2
APU
3817001013412

Description

This exceptional commercial property located at 333 Hoosick St, Unit 333, Troy, NY presents a unique investment opportunity. Situated on a sizable 0.47-acre lot, this office building offers significant potential for a variety of uses. While the exact square footage is currently unavailable, the substantial lot size suggests ample space for expansion or redevelopment. The property's address in Troy, NY places it within a dynamic and growing market, offering convenient access to major transportation routes and a thriving local economy. The building's current configuration is ideal for an office setting, but its versatility allows for adaptation to suit diverse business needs. This is a rare chance to acquire a significant commercial property in a desirable location. The absence of a listed price indicates a flexible negotiation process, making this an attractive proposition for discerning investors seeking a prime piece of Troy real estate. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the building's interior and specifications are available upon request. Don't miss this opportunity to secure a valuable asset in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $566,387
    6.5%
    $522,819
    7%
    $485,475
  • Comparable approach

    Method
    Valuation
    Relative Method
    $299,907
    Geo Method
    $297,905
  • Alternative Use

    Use
    Valuation
    Residential
    $648,296
    Hospitality
    $593,835
    Educational
    $494,064
    Medical
    $511,056
    Retail
    $768,544

Location Insight

City
Troy
County
Rensselaer
State
New York
Latitude
42.7379
Longitude
-73.6641
CBSA code
10580
CBSA name
ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$260,000
$59,200
$319,200
-
$371,429
$84,571
$456,000

FAQs

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