Three-Story Mixed-Use
113 3RD ST TROY NY 12180, Troy, NY 12180
For Sale
Contact for pricing
Fully leased retail and office space is located in a Downtown Mixed Use district.
Property Size49,965 SF
Price / SF$77.85
Days on Market28
Property Features for 113 3RD ST TROY NY 12180
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Financials
Asking Price
Cap Rate
Site & Location
Corner Location
Highway Access
Mixed-Use Components
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Property Use
Building Details
Buildings
Stories
Building Size
Tenancy
Listing Agency:
Carrow Real Estate Services
Listed By:
Kyle J Bradley
(845) 325-1568
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 10 at 8:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carrow Real Estate Services
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Market Block is a three-story mixed-use building with approximately 49,965 square feet of retail and office space. The property is fully occupied, with tenants that include Warner Bros., Velan Studios, and Stacks Espresso. In-place income reflects a 6.0% capitalization rate, and the property is zoned Downtown Mixed Use (DMU).
At 113 3rd Street, the building occupies a corner location in downtown Troy. Monument Square, River Street, and the Hudson River waterfront are nearby; public parking is also available in the area. The property has access to I-787 and is near RPI and Russell Sage College.
At 113 3rd Street, the building occupies a corner location in downtown Troy. Monument Square, River Street, and the Hudson River waterfront are nearby; public parking is also available in the area. The property has access to I-787 and is near RPI and Russell Sage College.
Key Highlights
- Approximately 49,965 SF across three stories
- 100% occupied retail and office property
- 6.0% capitalization rate on in‑place income
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,099
Businesses Nearby
Explore this area
Business Placement
Demographics for 12180, NY
55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Troy, NY
Properties on Market for Mixed-use properties in Troy
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased retail and office space is located in a Downtown Mixed Use district.
Where is this mixed-use property located?
The property is located at 113 3RD ST TROY NY 12180 Troy, NY.
What is the asking price?
The asking price for this property is $3,890,000.
What are key features of this property?
This property features: Approximately 49,965 SF across three stories; 100% occupied retail and office property; 6.0% capitalization rate on in‑place income
