$560,000
Troy, NY 12180
MLS# 202611522
Status: Closed
3715 sqft

1 / 34
Property Description
A rare and exciting mixed-use opportunity in the heart of Downtown Troy. 147 4th Street features a fully operational, community-loved coffee shop, art gallery, and music venue on the ground level, ready for new ownership, a fresh concept, or lease to a commercial tenant. For buyers seeking a true live/work or turnkey investment, the existing café operation may be available in conjunction with the sale, creating an opportunity to step into an active, community-supported business from day one. The property includes a spacious and private courtyard, ideal for outdoor dining, events, and seasonal gatherings, an exceptional find in Downtown Troy! A separate carriage house sits across the courtyard, offering additional value-add potential and ready for future renovation or creative use. Above the commercial space are two recently renovated residential apartments, each with private entrances and separate electric—perfect for owner-occupancy or strong rental income. The second floor offers a bright two-bedroom, one-bath apartment featuring refurbished original hardwood floors, updated smart lighting throughout, and a spacious kitchen with ample storage. The top floor showcases a one-bedroom apartment with exposed brick, high ceilings, and a modern urban feel, complete with its own private back deck. The apartments share a laundry area with newer washer and dryer. An ideal opportunity for investors, owner-occupants, or entrepreneurs seeking a mixed-use property with multiple income streams and the potential for a turnkey business acquisition in a vibrant downtown location.
Details
Maps
Contract Information
Original List Price: 569000
List Price/SqFt: 153.16
Sold Price/SqFt: 150.74
List Price/Acres: 8128571.43
Sold Price/Acres: 8000000
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $560,000
Listing Contract Date: 2026-02-03
Current Price: $560,000
Location
City/Town (Mail): Troy
Street Number: 147
Street Name: 4th
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12180
Geo Lat: 42.728034
Geo Lon: -73.690074
Property Detail
Number Of Buildings: 1
Lot Size Square Feet: 3049
Zoning: Mixed
Lot Size Dimensions: 25X120
Lot Size Acres: 0.07
Building Area Total: 3715
Year Built: 1920
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 381700 101.61-6-7
Tax Annual Amount: 9560
Tax Section: 101.61
Total Taxes Description: Estimated
Tax Block: 6
Tax Lot: 7.000
Directions & Remarks
Directions: Heading north up 4th street drive just past Ferry St and the property will be on your left before a parking lot.
Public Remarks: A rare and exciting mixed-use opportunity in the heart of Downtown Troy. 147 4th Street features a fully operational, community-loved coffee shop, art gallery, and music venue on the ground level, ready for new ownership, a fresh concept, or lease to a commercial tenant.
For buyers seeking a true live/work or turnkey investment, the existing café operation may be available in conjunction with the sale, creating an opportunity to step into an active, community-supported business from day one.
The property includes a spacious and private courtyard, ideal for outdoor dining, events, and seasonal gatherings, an exceptional find in Downtown Troy! A separate carriage house sits across the courtyard, offering additional value-add potential and ready for future renovation or creative use.
Above the commercial space are two recently renovated residential apartments, each with private entrances and separate electric—perfect for owner-occupancy or strong rental income.
The second floor offers a bright two-bedroom, one-bath apartment featuring refurbished original hardwood floors, updated smart lighting throughout, and a spacious kitchen with ample storage.
The top floor showcases a one-bedroom apartment with exposed brick, high ceilings, and a modern urban feel, complete with its own private back deck. The apartments share a laundry area with newer washer and dryer.
An ideal opportunity for investors, owner-occupants, or entrepreneurs seeking a mixed-use property with multiple income streams and the potential for a turnkey business acquisition in a vibrant downtown location.
Sewer
Public Sewer: 1
Current Use
Multi-Family: 1
Architectural Style
Apartments: 1
Cooling
Central Air: 1
Building Detail
Office Total SQFT: 1200
Retail Total SQFT: 1200
Retail Ceiling Height: 12
Warehouse Total SQFT: 0
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Showing Requirements
24 Hour Notice: 1
Water Source
Public: 1
Heating
Natural Gas: 1
Parking Features
Parking Total: 0
Status Change Info
Status Change Date: 2026-04-21
Under Contract Date: 2026-02-23
Sold Date: 2026-04-20
Sold Price: $560,000
Property Features
Architectural Style: Apartments
Construction Materials: Brick
Cooling: Central Air
Current Use: Multi-Family
Heating: Natural Gas
Possession: At Closing
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice
Water Source: Public
Listing Courtesy of Berkshire Hathaway Home Services Blake
Listing Agent: Jesse D Tranvaag
607-437-3351 | jtranvaag@bhhsblake.com
607-437-3351 | jtranvaag@bhhsblake.com

