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Listed by Philip Sabatino • Hanna Commercial

$ 599,000

Est. payment -/mo

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Active

572 2nd Avenue Troy, NY 12182

6,381 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,381 sqft

Price per Sqft $93

MLS Listing ID 202614230

Year Built 1910

Annual Tax Amount $6,407

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 100X120

Property Sub-Type Mixed Use

Source Global MLS

Property Description

Exceptional opportunity to acquire Verdile's Restaurant, a long-standing Lansingburgh property with over 80 years of community presence. Located in a COR (Commercial Office Retail) mixed-use zoning district, this property allows for restaurant, retail, office, medical, professional services, or mixed-use residential/commercial applications (subject to approval). Sale includes all FF&E for turnkey operation. Features include a commercial kitchen, dining space, large parking lot, extensive basement storage, and a 3-bedroom apartment above for owner occupancy or rental income.
Numerous capital improvements have been completed, including all roof sections replaced with rubber roofing between 2020-2021 with a transferable lifetime warranty through Full Coverage Contracting Inc., all siding replaced between 2020-2022, new interior flooring in the dining room, bar area, and front entrance (2019), new dining room chandelier lighting (2019), extensive plumbing upgrades and a new energy-efficient on-demand hot water system (2021), new blacktop paving of the main parking lot (2021), exterior front entrance glass replacement (2019), and façade repairs and exterior painting completed in 2026.
Also included is the vacant lot at 12 115th Street across the street, offering additional development, parking, or expansion potential. Rare opportunity with multiple income and redevelopment possibilities.

Location

State NY

County Rensselaer

Zoning Commercial

Direction From I-787, take exit 9 (NY-7/Hoosick St.) toward Troy. Proceed east on Hoosick Street, then turn left onto 8th Street. Continue north and turn right onto 2nd Avenue. Property is located along 2nd Avenue in the Lansingburgh section of Troy (572 2nd Avenue).

Interior

Heating Natural Gas

Exterior

Parking Features Off Street, Paved, Private

Roof Type Rubber

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 381700 80.55-3-12

Samantha Kettlewood

NYS Licensed Real Estate Salesperson

+1(518) 810-9013 | sam@empirerealestatefirm.com

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