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342 Congress Street Troy, NY $ 590,000
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$ 590,000 Get more info
342 Congress Street
$ 590,000
Back to search
Share Save

342 Congress Street

Troy, NY, 12180
$ 590,000
Baths0.0 Sq 8,496

Monthly Estimate*

$ 3,921

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Studio

Commercial Property for sale in Troy, NY

for $590,000. This 8,496 square foot building was built in 1890 on a lot size of 0.22.

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.

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Commercial Active

Price

$ 590,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,578

Style

Mixed Use

Lot Size

0.22

Year Built

1890

Town/City

Troy

County/Region

Rensselaer

MLS | Web ID

202314160
Features
General
Sewer Public Sewer
Heating Hot Water
Cooling Other
Zoning Commercial
Construction Materials Frame Block Brick
Year Built 1890
Tenant Pays Heat Internet Telephone Electricity
Stories 3
Property SubType Mixed Use
Current Use Mixed Use
County Rensselaer
New Construction N
Property Type Commercial Sale
HOA / Comm Assn N
Status Active
Directions Adjacent to Prospect Park and near the RPI Hill. North of the crossroads of 14th and Marshall St. On the right heading south on Congress St.
City Troy
Buyer Agent Compensation 2.00
View Y/N N
High School District Troy
Lot Size Units Acres
Lot Size Square Feet 9583.0
Waterfront Y/N N
Carport Y/N N
Street Name Congress
Land Lease Y/N N
Tax Annual Amount 10578.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 429
Standard Status Active
Tax Assessed Value 0
Tax Lot 12.000
Buyer Agent Compensation Type %
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Interior
Basement Full Pillar/Post/Pier Unfinished
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source Public
Total Parking 9.0
Inclusions {u'Building & Land': True}
Lot Size Area 0.22
Number of Buildings 1
Spa N
Building Area Total 8496.0
Lot Size Acres 0.22
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 342
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* Excluded Features
List By
Deanna Dal Pos

Listing Agent

Nai Platform Llc

Broker

(518) 465-1400

Phone

ddalpos@naiplatform.com

Email

Affordability Calculator

$4,803
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,921
Monthly Property Taxes
$882
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
853469 Elementary School
853213 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/25/2024$590,000 -5.60% Price Down
4/1/2023$625,000 Listed Price

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342 Congress Street, Troy, NY, 12180 is a Commercial Property for sale at $590,000 with 8,496 sqft and a lot size of 0.22. 342 Congress Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 12180 which is in Troy, NY

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