690-696 River Street Troy, NY ^$ 2,300,000

690-696 River Street

^$ 2,300,000

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690-696 River Street

Troy, NY, 12180

^$ 2,300,000

Studio Baths0.0 Sq 1,636

Monthly Estimate*

^$ 15,287

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Studio

Commercial Property for sale in Troy, NY

for $2,300,000. This 1,636 square foot building was built in 1954 on a lot size of 0.4.

All Car Wash equipment replaced in 2020, Approximate CAP RATE 8.1% with a 10% cap rate or better attainable. All Equipment is top of the line. In position to take advantage of the revitalization of Troy with a significant growth potential.Radiant heating on tunnel entrance & exit pads, self serve floors with 10' runouts. Complete Balanger & Sonny's Tunnel System with Innovation Control System (2020) Sonny's Banana Peel 120' Conveyor System with Hydraulic Pump Drive (2020) Carolina Pride Express 4 Bay Self Serves system complete (2020),Abutting Street AADT 11372 & AADT 5289 Property has a 3 bay service garage & office area currently leased for great additional income! Check out the virtual tour!!! and you can walk right through the carwash! For detailed financial info please contact us

Commercial Active

Price

^$ 2,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 12,232

Style

Commercial

Lot Size

0.4

Year Built

1954

Town/City

Troy

County/Region

Rensselaer

MLS | Web ID

202411943

Features

General

Sewer Public Sewer

Heating Radiant Natural Gas

Cooling None

Zoning Commercial

Architectural Style Commercial

Construction Materials Block

Year Built 1954

Property SubType Business

County Rensselaer

New Construction N

Property Type Commercial Sale

HOA / Comm Assn N

Status Active

Directions East side of River Street between North St. and Middleburgh St.

City Troy

Buyer Agent Compensation 2.50

View Y/N N

High School District Troy

Lot Size Square Feet 17424.0

Waterfront Y/N N

Carport Y/N N

Street Name River

Land Lease Y/N N

Tax Annual Amount 12232.03

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 102

Standard Status Active

Tax Assessed Value 0

Tax Lot 1.000

Buyer Agent Compensation Type %

Interior

Basement None

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Street Suffix Street

Electric On Property Y/N N

Total Baths 0

Exterior

Water Source Public

Total Parking 20.0

Inclusions {u'Business & Building': True}

Lot Size Area 0.4

Number of Buildings 1

Spa N

Building Area Total 1636.0

Lot Dimensions 0

Lot Size Acres 0.4

Lot Size Units Acres

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 690696

* Excluded Features

List By

Joseph Cardinale

Listing Agent

Howard Hanna

Broker

(518) 755-2064

Phone

josephcardinale@howardhanna.com

Affordability Calculator

$16,306

Per Month

Monthly Principal & Interest: $15,287
Monthly Property Taxes: $1,019
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Troy, NY

Average List Price ^$665,376

Percent of Sale Price 71%

About Troy, NY

50,164 Population

2% Since 2002

^$41,523 Median Income

33.3 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853469 Elementary School

853213 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/12/2024	$2,300,000		Listed Price

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690-696 River Street, Troy, NY, 12180 is a Commercial Property for sale at $2,300,000 with 1,636 sqft and a lot size of 0.4. 690-696 River Street is a studio with 0.0 baths and was built in 1954. The property's zip code is 12180 which is in Troy, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 5/29/2024.

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690-696 River Street

Commercial Property for sale in Troy, NY

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