$599,000
Troy, NY 12182
MLS# 202614230
6381 sqft
1 / 77
Property Description
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.
Details
Maps
Contract Information
Original List Price: 599000
List Price/SqFt: 93.87
List Price/Acres: 2139285.71
Status: Active
Property Sub Type: Mixed Use
List Price: $599,000
Listing Contract Date: 2026-04-01
Current Price: $599,000
Location
City/Town (Mail): Troy
Street Number: 572
Street Name: 2nd
Street Suffix: Avenue
County: Rensselaer
State/Province: NY
Postal Code: 12182
Geo Lat: 42.774823
Geo Lon: -73.676796
Property Detail
Year Established: 1943
Stories: 2
Number Of Buildings: 1
Business Name: Verdiles
Parking Y/N: Yes
Lot Size Square Feet: 12197
Zoning: Commercial
Lot Size Dimensions: 100X120
Lot Size Acres: 0.28
Building Area Total: 6381
Building Available SQFT: 6381
Year Built: 1910
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 381700 80.55-3-12
Tax Annual Amount: 6407.43
Tax Section: 80.55
Total Taxes Description: Actual
Tax Block: 3
Tax Lot: 12.000
Directions & Remarks
Directions: From I-787, take exit 9 (NY-7/Hoosick St.) toward Troy. Proceed east on Hoosick Street, then turn left onto 8th Street. Continue north and turn right onto 2nd Avenue. Property is located along 2nd Avenue in the Lansingburgh section of Troy (572 2nd Avenue).
Public Remarks: 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.
Sewer
Public Sewer: 1
Current Use
Mixed Use: 1
Electric
Three Phase: 1
Financial Details
General Taxes: 8654.02
General Taxes Description: Actual
School Taxes: 6639.64
School Taxes Description: Actual
Cooling
Central Air: 1
Building Detail
Retail Available SQFT: 6381
Construction Materials
Brick: 1
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Showing Requirements
24 Hour Notice: 1
Agent to Accompany: 1
Call Listing Agent: 1
No Sign: 1
Restricted Days: 1
Security System: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Natural Gas: 1
Parking Features
Parking Total: 30
Off Street: 1
Paved: 1
Private: 1
Possible Use
Apartment Plus: 1
Business: 1
Mixed: 1
Office: 1
Office/Retail: 1
Restaurant: 1
Retail: 1
Tavern: 1
Tenant Pays
Central Air: 1
Electricity: 1
Hot Water: 1
Sewer: 1
Trash Collection: 1
Water: 1
Other: 1
Status Change Info
Status Change Date: 2026-04-01
Property Features
Construction Materials: Brick; Vinyl Siding
Cooling: Central Air
Current Use: Mixed Use
Electric: Three Phase
Heating: Natural Gas
Parking Features: Off Street; Paved; Private
Possible Use: Apartment Plus; Business; Mixed; Office; Office/Retail; Restaurant; Retail; Tavern
Roof: Rubber
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Agent to Accompany; Call Listing Agent; No Sign; Restricted Days; Security System
Tenant Pays: Central Air; Electricity; Hot Water; Sewer; Trash Collection; Water; Other
Water Source: Public
Listing Courtesy of Hanna Commercial
Listing Agent: Philip Sabatino
518-376-2717 | PhilipSabatino@hannaCre.com
518-376-2717 | PhilipSabatino@hannaCre.com