15-25 Fourth Street Active

Troy,NY 12180

$ 2250000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202414104

Year Built 1920

Annual Tax Amount $58,403

Lot Size 1.660 Acres

Property 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 sqft 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. Additional information available.

Location

State NY

County Rensselaer

Zoning Mixed

Interior

Heating None

Inclusions Other

Exterior

Garage None

Waterfront No

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Troy

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