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    50 4Th St Troy, NY 12180

    For Sale
    $1,200,000

    Commercial Building, Elevator - Troy, NY

    Property size:
    10,100 SF
    Lot size:
    0.09 Acres
    Days on Market:
    113
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 50 4Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    200
    Rooms
    Basement, Kitchen
    APN
    000000-101.000-0007-008.000
    Parking features
    Garage
    Basement Y/N
    1
    Size
    10,100 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1936
    Year renovated
    1936
    Floors in Building
    3
    Building materials
    Brick
    Architectural style
    Other

    NAI PLATFORM LLC

    Listing agent Deanna Dal Pos

    Listing date Aug 25, 2025

    MLS# 11552737 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Bank Building with Elevator

    This historic bank building, constructed in 1936, retains many original period features while incorporating modern updates. The main floor spans nearly 3,500 square feet and features original Terrazzo flooring, towering walls with lighted-arched accents and columns, and a three-story open space with a back-lit glass ceiling. An additional sunlight-filled floor of over 1,000 square feet and a basement of nearly 3,500 square feet are accessible via a staircase and a restored elevator. A second-floor balcony offers a view of the main floor. The third floor includes a fireplace and a small bathroom, suitable for private meetings or office space. Additional square footage could be available with the addition of a catwalk over the main floor. The building has been restored with new walls, electrical, plumbing, sprinklers, HVAC, and bathrooms to meet current codes. This property is located in Troy, NY, and is zoned 200. It is situated on a lot of 0.09 acres. The total living area of the building is 10,100 square feet. The building is suitable for office, retail, event space, or restaurant use. Abundant free parking is available at nearby garages.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.688514
    Latitude
    42.73188

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    FAQs

    What type of property is this?
    Office building - Unique, modernized historic bank building suitable for office, retail, or events.
    Where is this office building located?
    The property is located at 50 4Th St Troy, NY.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Historic 1936 bank building with meticulously restored period features and modern updates.; - Approximately 8,000 SF of versatile space suitable for office, retail, event space, or restaurant use.; - Grand main floor featuring original Terrazzo flooring, towering walls, and a back-lit glass ceiling.
    (518) 465-1400
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    50 4Th St Troy, NY 12180
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50 4Th St Troy, NY 12180
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