Map of Property

River Street Portfolio, Troy, NY 12180

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

  • For Sale $22,650,000
  • Property Type Unassigned
  • Additional Rent Contact for pricing
  • Date Updated Dec 18, 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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Contacts

broker
Andrew Berry

Cushman & Wakefield

broker
Charlie Gravina

Cushman & Wakefield

broker
Brian Weld

Cushman & Wakefield

broker
Matthew Etlinger

Cushman & Wakefield

Location

Getting Around

  • Walk Score ®

    92/100 Walker's Paradise

  • Transit Score ®

    54/100 Good Transit

  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • 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

  • Sushi King

    0.02 miles

  • Mex Cocina / La Catrina

    0.04 miles

  • Bootlegger's on Broadway

    0.04 miles

  • Plumb Oyster Bar

    0.05 miles

  • Donna's Italian

    0.06 miles

  • The Greek House

    0.07 miles

  • Bacchus Woodfired

    0.09 miles

  • Muddaddy Flats Quesdailla

    0.11 miles

  • Liza's

    0.12 miles

  • Lo Porto

    0.15 miles

  • Saint Anthony's School

    0.19 miles

  • Russell Sage College

    0.29 miles

  • Cornell University Cooperative Extension of Rensselaer County

    0.33 miles

  • Redemption Christian Academy

    0.69 miles

  • Saint Francis De Sales Academy

    0.73 miles

  • Saint Paul's Parochial School

    0.77 miles

  • Saint Joseph's Parochial School

    0.85 miles

  • Troy Communty School

    0.92 miles

  • Heatly High School

    0.97 miles

  • Rensselaer Polytechnic Institute

    0.98 miles

  • Eco Kids: A Natural Childcare Center

    0.22 miles

  • CEO Head Start and Early Head Start

    0.48 miles

  • Commission on Economic Opportunity Head Start

    0.58 miles

  • Samaritan Rensselaer Childrens Center

    1.00 miles

  • Sunnyside Child Development Center

    1.27 miles

  • Viking Child Care Center

    2.80 miles

  • Joyful Beginnings

    3.46 miles

  • Littleminds

    3.50 miles

  • Jack & Jill Day Care

    3.94 miles

  • Blessed & Humble Daycare

    5.91 miles

Frequently Asked Questions

How much does River Street Portfolio, Troy, NY 12180 cost?

The space currently listed for sale at River Street Portfolio, Troy, NY 12180 asks for $22,650,000.

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Contact River Street Portfolio, Troy, NY 12180