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. Contact the LBO for full offering memorandum and additional information.