Map of Property

River Street Portfolio, Troy, NY 12180

For Sale

255 River Street, Troy, New York, 12180, Troy, NY 12180

This Troy property for sale is located at 255 River Street, Troy, New York, 12180. The current listed sale price for River Street Portfolio, Troy, NY 12180 is $22,650,000.

Contacts

broker

Andrew Berry

Cushman & Wakefield

broker

Charlie Gravina

Cushman & Wakefield

broker

Brian Weld

Cushman & Wakefield

broker

Matthew Etlinger

Cushman & Wakefield

Property Details

  • Property Type Unassigned
  • Additional Rent Contact for pricing
  • Building Class Other - outside NYC
  • Date Updated Nov 24, 2024
Cushman & Wakefield has been exclusively retained to market for sale the River Street Portfolio in Troy, New York. The offering consists of fifteen (15) mixed-use properties spanning the Hudson River waterfront along River Street in historic Troy, NY located just outside of New York’s capital city of Albany. The portfolio consists of a healthy mix of cash flowing multifamily buildings with ground floor retail, some reposition opportunities, and even a ground up development site. This is a very rare opportunity to acquire 497 LF of contiguous Hudson riverfront along with exceptionally positioned assets within an historic central business district of this charming city. The offering presents three distinct opportunities for a specific investor, each broken down below.

The bulk of the in-place as well as near term income, comes from the in-place cash-flowing assets. These buildings are the anchor for the entire portfolio. The McCarthy at 255 River Street recently underwent a full gut renovation and is now a state-of-the-art mixed-use elevator, luxury building with 19 apartments over two floors of ground floor and lower-level commercial space. The apartments all contain high-end finishes and represent the pinnacle of rental product available in the best location of Troy, NY. The apartments are currently 95% occupied. The Hudson at 193-211 River Street is the largest asset in the portfolio. It’s a 79,129 square foot elevator, mixed-use property that contai

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Getting around

  • 92/100

    Walk Score ®

  • 54/100

    Transit Score ®

  • 60/100

    Bike Score ®

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Location

  • City Troy, NY
  • Zip Code 12180
  • Market Albany

Points of Interest

  • Albany International Airport Taxi Stand

    6.10 miles

  • Rensselaer Rail Station Taxi Stand

    6.76 miles

  • Stewart's

    0.29 miles

  • Stewart's Shops

    0.47 miles

  • Selby's Auto Service

    0.49 miles

  • Watervliet Food Mart

    0.53 miles

  • Lukoil

    0.54 miles

  • Gulf

    0.66 miles

  • Sunoco

    0.66 miles

  • Speedway

    0.98 miles

  • ChargePoint

    3.05 miles

  • ChargeSmart

    5.62 miles

  • Troy Savings Bank Music Hall Parking Lot

    0.14 miles

  • Quayside Lot

    0.14 miles

  • YWCA of the Greater Capital Region

    0.16 miles

  • State Street Garage

    0.18 miles

  • 5th Ave Parking Garage

    0.20 miles

  • Grimm Building Materials

    0.42 miles

  • West Lot

    0.50 miles

  • Parking Garage

    0.59 miles

  • North Lot

    0.62 miles

  • J Lot

    0.65 miles

  • Best Western

    0.20 miles

  • Courtyard

    0.53 miles

  • Hilton Garden Inn

    1.14 miles

  • Golden Inn and Suites

    3.65 miles

  • La Quinta Inn & Suites Latham Albany Airport

    3.66 miles

  • Holiday Inn Express Hotel & Suites Latham

    3.79 miles

  • Latham Inn

    3.85 miles

  • Monte Mario Motel

    3.91 miles

  • Comfort Inn Latham/Albany North

    4.04 miles

  • The Century House, an Ascend Collection Hotel

    4.09 miles

  • The Grocery

    0.05 miles

  • Price Chopper

    0.66 miles

  • Bargain Grocery

    0.68 miles

  • Big Lots

    0.82 miles

  • Peebles

    0.84 miles

  • Save-A-Lot

    0.89 miles

  • Hannaford

    2.21 miles

  • ALDI

    2.24 miles

  • Market 32

    2.40 miles

  • Food Circus

    2.76 miles

In-Depth Research Available for this Property

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Contact River Street Portfolio, Troy, NY 12180