50 4th St - Bank FOR SALE


Troy, NY 12180- Downtown Troy
$1,200,000 USD
518-465-1400
50 4th St, Troy, NY for Sale
$1,200,000 USD
Bank - FOR SALE
1/21
null | Request Cap Rate


OVERVIEW

Located in Troy's most sought after downtown area and on one of the most well trafficked streets. Previously the Union National Bank built in 1936. An impressive entry gives way to a soaring 31' backlit glass ceiling and lighted arches along the walls. The long teller counter would make an excellent bar for a unique brewery, restaurant and entertainment venue. Daily traffic counts=11,448 cars. Any rehab costs are eligible for up to 40% historical tax credits. On right side of 4th St. between Fulton St. and Broadway. 4th St. is a one-way street heading north. Directly next to Troy's main post office/depot.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

Commercial

APN/PARCEL ID

1700-101.45-7-8

ASK ABOUT THIS PROPERTY

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518-465-1400

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Deanna Dal PosNAI PlatformMore Info
518-465-1400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.