65-67 Watervliet Avenue, Troy, NY – FOR SALE
Basics
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MLS Number: 202600986
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Address: 65-67 Watervliet Avenue, Troy, NY
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Listing Category: Mixed Use
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Listing Type: For Sale
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Zoning: MU-NC
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Stories: 3
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Ceiling Height: 9
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Area, sq ft: 8424 sq ft
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Available SF: 8,424
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Year built: 1930
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Date added: Added 4 hours ago
Description
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Property Description: Mixed-use investment opportunity at the tri-corner of Watervliet Ave, Livingston Ave and 3rd St, just off the Everett Rd exit of I-90. This 3-story building offers 9 apartments (four studios, one 1BR, three 2BR, one 3BR) plus two street-level storefronts of ±1,500 SF and ±1,000 SF with large glass windows and direct street access. Apartments currently generate $8,325/mo; both storefronts are vacant and being marketed at $1,500/mo and $1,300/mo, offering immediate upside. Select units have seen recent updates including new windows, flooring and appliances. Across the street from Honest Weight Food Co-op and a block from the CDTA Training and Call Center. Pro forma NOI of $85,815 (6.9% cap rate) with retail leased. Offered at $1,250,000.
Documents
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Documents:
65-67_Watervliet_Ave_For_Sale_Flyer.pdf
5.60 MB
