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Property at 572 2nd Avenue, Troy, NY 12182
ACTIVE
0
$599,000

572 2nd AvenueTroy, NY, 12182

6,381 SqFt0.28 Acres
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.
1 / 77

Est. Monthly

$2,839/MO

$599,000

572 2nd Avenue, Troy, NY

6,381 SqFt0.28 Acres

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.

StatusActive
Property TypeCommercial Sale
Property SubtypeMixed Use
Year Built1910
Days on Market73 days

Est. Monthly Payment

$2,839.24

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

572 2nd Avenue

Troy, NY 12182 • Rensselaer
—
Beds
—
Baths
6,381
SqFt
0.28
Acres
Status
Active
Property Type
Commercial Sale
Property Subtype
Mixed Use
Year Built
1910116 years ago
Days on Market
73 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $6,407
  • School Taxes
    $6,640
  • Town/County Taxes
    $8,654
Property History
  • Listed for sale
    Apr 1, 2026 • GLOBAL MLS • 202614230
    $599,000
Mortgage Calculator
Estimated monthly payment for this property
$2,839.24
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    Global MLS
  • MLS#
    202614230
  • Listing Office
    Hanna Commercial
  • Last Updated
    4 days ago

Parking

  • Parking Features
    • Off Street
    • Paved
    • Private
  • Parking Spaces
    30

Lot & Grounds

  • Lot Size
    0.28 acres

Type

  • Property Type
    Commercial Sale
  • Property Subtype
    Mixed Use

Structure

  • Construction
    • Brick
    • Vinyl Siding
  • Roof
    Rubber

Condition

  • Year Built
    1910
  • Days on Market
    73 days
  • Water
    Public
  • Sewer
    Public Sewer
  • Electric
    Three Phase

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

CallEmail
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