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    171 River St Troy, NY 12180

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    For Lease
    $1.00 SF/Yr ($2,016 /Mo)

    Prime location in downtown Troy's River Street corridor.

    Property size:
    24,200 SF
    Lot size:
    24,200 SF

    Property Features for 171 River St

    General Information

    Size
    24,200 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Troy Mixed-Use Opportunity

    This highly visible mixed-use property is located in the heart of downtown Troy's revitalized River Street corridor. The property presents an opportunity for restaurants, breweries, cafes, specialty retail, or experiential concepts. The property has a total size of 24200 square feet. Available units include: Unit C-1, Unit C-2, Unit C-3, and Unit C-4.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.6944562
    Latitude
    42.7298761

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location in downtown Troy's River Street corridor.
    Where is this mixed-use property located?
    The property is located at 171 River St Troy, NY.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible property in downtown Troy's revitalized River Street corridor.; - Ideal location for restaurants, breweries, cafes, specialty retail, or experiential concepts.; - Opportunity to thrive in one of the Capital Region's most vibrant markets.
    (518) 464-0870
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    171 River St Troy, NY 12180
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    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
    171 River St Troy, NY 12180
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