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For sale
Manufacturing properties
NY
Troy
12180
36 River Street

Manufacturing Space Near Waterfront Development

36 River Street Troy, NY 12180

36 River Street, Troy, NY, 12180

$415,000

For Sale

$415,000

Flexible manufacturing space with mezzanine and courtyard near upcoming development.

Property Size1,824 SF

Price / SF$227.52

AddedSep 25, 2025

Days on Market294

Last RefreshMay 8 at 8:10 pm

Property Features for 36 River Street

General Information

Standard status: Active
Size: 1,824 SF
Property subtype: Industrial

Building Details

Year Built: 1940

Listing office RE/MAX

Listing date Sep 25, 2025

Source Remaxcommercial

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 RE/MAX

Investment Insights

Based on property information with market context.

This flexible space is currently used for manufacturing and offers potential for various business uses. The property includes a bathroom and kitchenette on the first floor. A mezzanine, added in 2010, provides an additional 1000 square feet. The front of the building features a large courtyard with historical cobblestones. Garage door access facilitates easy loading and unloading. A 10x10 heated shed is also included. While access to the alley is currently blocked, it could be restored. The building's contents will be removed by the end of October 2024. The property is located one block from the Hudson River and the planned waterfront development, and is near fine dining options. The property size is 1824 square feet.

Key Highlights

One block from the Hudson River and upcoming waterfront development.
Flexible space suitable for manufacturing or other uses.
Garage door access for easy loading and unloading.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$26.3k	$14.40
− Vacancy	−$1.8k	−$0.98
EGI	$24.5k	$13.42
− OpEx	−$7.3k	−$4.03
NOI	$17.1k	$9.39

1,824 SF · lease $14.40/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use

Industrial

$244.8K

$214.2K – $285.6K (±1% cap)

NOI $17,136 @ 7.0% cap · market cap 4.13%

Second Best

—

no second resolved use

Theoretical Best

Office A

$569.2K

$498.0K – $664.0K (±1% cap)

NOI $39,842 @ 7.0% cap · market cap 9.60%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Integrated Medical Tech Industrial Manufacturer

Suggested Use

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For sale
Manufacturing properties
NY
Troy
12180
36 River Street

What type of property is this?

Manufacturing property - Flexible manufacturing space with mezzanine and courtyard near upcoming development.

Where is this manufacturing property located?

The property is located at 36 River Street Troy, NY.

What is the asking price?

The asking price for this property is $415,000.

What are key features of this property?

This property features: One block from the Hudson River and upcoming waterfront development.; Flexible space suitable for manufacturing or other uses.; Garage door access for easy loading and unloading.