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15-25 Fourth St
Troy, NY 12180

$2,250,000 USD

Land For Sale  •  1.66 AC

Property Details

  • Property Type Land
  • Lot Size 1.66 AC
  • Zoning DMU (Downtown Mixed-Use)
54 Transit Score
92 Walk Score

Description

A tremendous opportunity for development in downtown Troy! Offered as part of a three tax lot portfolio (2 3rd St & 49 4th St). Former site of the Uncle Sam's parking garage which was demolished in 2021/2022 and vacant since. Cleared, re-zoned and repositioned for the development of approximately 1.66 acres in the Downtown Mixed-Use zoning district and the Downtown II development intensity zone. Permitted as-of-right for at least 7 stories of structural height and 85% maximum impervious lot coverage, the potential is here for over 400,000 SF of commercial or residential development to be located on the Hudson River and right off of a major highway in the region's second-largest city. Contact the LBO for full offering memorandum and additional information.

Highlights

Potential for 400,000+ SF of development
River-front views

Public Transportation

Commuter RailDriveWalkDistance
Albany-Rensselaer Amtrak Station (Adirondack - Amtrak, Empire Service - Amtrak, Ethan Allen Express - Amtrak, Lake Shore Limited - Amtrak, Maple Leaf - Amtrak, Toronto - New York - Amtrak) 16 min - 8.9 mi
AirportDriveWalkDistance
Albany International 13 min - 8.2 mi
Anton Pasquill 518-465-1400 NAI Platform
Anton Pasquill 518-465-1400 NAI Platform