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342 Congress Street

Troy, NY 12180

Active

$590,000

Listing by:
Deanna Dal Pos
NAI Platform LLC

Portfolio: 338, 340 & 342 Congress St. multi-use property consisting of two buildings and a parking lot with (4) 2-bedroom apartments, and (2) retail spaces: a new bakery and a large owner-occupied business. There are nine paved and striped parking spaces and a grassy lawn area in the back fenced lot. All apartments are leased on a month-to-month basis. The bakery has a 5-year lease. Current annual income, which is well below market value is $54,300. With renovations, approximately $123,600 annual rent could be achieved for a 13% cap. Family-owned floor covering business est. in 1974 is also for sale. Contact agent for details.

$590,000
0.0
Bedroom
0
Bathroom
8,496
Sq. Ft.
$ 69
$/Sq. Ft.
0.22
Acres
Year Built:
1890
County:
Rensselaer
School District:
Troy
Acres:
0.22
Listing Agent:
Deanna Dal Pos
Listing Office:
NAI Platform LLC
CONTACT A
BUYER'S AGENT

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Features

Square Feet: 8,496
Town: Troy
Bedrooms: 0
Full Bathrooms: 0
Estimated Taxes: $10,578
Water: Public
Sewer: Public Sewer
Heat: Hot Water
Garage: 0
Exterior: Frame, Block, Brick
Cooling: Other
Parking Spaces: 9
Zoning: Commercial

Location