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Historic Downtown Troy Office Space
For Lease
$16 SF/Yr

2 3rd Street #F-360, Troy, NY 12180

Third-floor office space with period features and high ceilings.

Space SizeContact for details
Days on Market877

Property Features for 2 3rd Street #F-360

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $161,711

Building Details

Year Built 1920
Listing Agency: NAI PLATFORM LLC
Listed By: ANTON PASQUILL
Source: Corcoran
Added: Mar 23, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 NAI PLATFORM LLC

Investment Insights

Based on property information with market context.

Located at the entrance to historic downtown Troy, this property offers third-floor office space with period features and high ceilings. The space includes two kitchenettes and three enclosed offices. The main open space room features a 13-foot ceiling height. The building provides access to high-speed fiber optic internet service, newly renovated bathrooms, and elevators. The space may be subdivided into 1,272 USF and 1,158 USF.

Key Highlights

  • Located in Troy's preeminent Frear building at the entrance to historic downtown.
  • High ceilings (13' in main open space).
  • Access to high‑speed fiber optic internet service.

Property Analytics

Current Use

Rensselaer County Republican Advocacy Group Creative Communication Associates ... Advertising Agency CornerStone Telecommunications Service UPPmarket, Inc. Business To Business Service Levrx Technology Inc. Corporate Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store Tech Support Center Veterinary Clinic Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,100
Businesses Nearby

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

Lease Benchmarks for Troy, NY

$16.69 /SF/Yr
Avg Asking Price
$3.85–$36.92 /SF/Yr
Price Range
36,961 SF
Avg Space Size

This space is priced 4% below the average of $16.69 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Third-floor office space with period features and high ceilings.
Where is this office units located?
The property is located at 2 3rd Street #F-360 Troy, NY.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Located in Troy's preeminent Frear building at the entrance to historic downtown.; High ceilings (13' in main open space).; Access to high‑speed fiber optic internet service.
More about this property
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