A tremendous opportunity for development in downtown Troy! Offered as part of a three tax lot portfolio (2 3rd St & 49 4th St). Former site of the Uncle Sam's parking garage which was demolished in 2021/2022 and vacant since. Cleared, re-zoned and repositioned for the development of approximately 1.66 acres in the Downtown Mixed-Use zoning district and the Downtown II development intensity zone. Permitted as-of-right for at least 7 stories of structural height and 85% maximum impervious lot coverage, the potential is here for over 400,000 sqft of commercial or residential development to be located on the Hudson River and right off of a major highway in the region's second-largest city. Additional information available.
Property Type(s):
Commercial
|
Last Updated
|
9/26/2024
|
Year Built
|
1920
|
|
County
|
Rensselaer
|
SCHOOLS
Price History
|
Prior to Sep 26, '24
|
$3,750,000 |
| Sep 26, '24 - Today |
$2,250,000 |
Additional Details
| AIR |
None |
| BASEMENT |
None |
| HEAT |
None |
| LOT |
1.66 acre(s) |
| LOT DIMENSIONS |
150.8 FF |
| PARKING |
None |
| SEWER |
Public Sewer |
| STYLE |
Land Only |
| TAXES |
58403.11 |
| WATER |
Public |
| ZONING |
Mixed |
Location
This listing courtesy of NAI Platform LLC
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2024.
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