Two-Story Office
120 Defreest Drive, Troy, NY 12180
For Sale
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A headquarters suite and roughly 20 executive offices are complemented by shared conference and break areas.
Property Size11,800 SF
Lot Size1.03 Acres
Price / SF$72.03
Days on Market42
Property Features for 120 Defreest Drive
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Additional Details
Highway Access
Office Units
Tenant in Place
Property Use
Amenities
two-story atrium lobby with central reception
shared conference rooms
kitchen/break room
copier/mail area
Building Details
Year Built
Buildings
Stories
Building Size
Tenancy
Listing Agency:
NAI Platform
Listed By:
Deanna Dal Pos · License NY 35DA0819459
(518) 366-0920
Source:
Crexi
Added: Sep 30
Changed: Nov 8
Last Checked: Nov 10 at 6:36AM
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
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Investment Insights
Based on property information with market context.
Built in 1986, this two-story office property contains approximately 11,800 square feet on 1.03 acres. Its layout combines headquarters space with approximately 20 executive suites. A two-level atrium and reception area anchor the interior, alongside shared conference rooms, a kitchen and break room, and copier and mail facilities. Full-service leasing includes utilities, janitorial service, and access to common areas. The sale conveys a leasehold interest: the seller owns the improvements, while the land is subject to a ground lease with Rensselaer Polytechnic Institute. The initial lease term runs through December 25, 2042, and ground rent has been prepaid in full. Office use is permitted by right under TP (Technology Park) zoning in the Town of North Greenbush.
The property is within Rensselaer Technology Park, opposite Pat's Barn, the campus conference and event venue. Access to the US Route 4 corridor, downtown Troy, RPI's main campus, and I-90 at East Greenbush is noted. On-site parking accommodates 40 vehicles.
The property is within Rensselaer Technology Park, opposite Pat's Barn, the campus conference and event venue. Access to the US Route 4 corridor, downtown Troy, RPI's main campus, and I-90 at East Greenbush is noted. On-site parking accommodates 40 vehicles.
Key Highlights
- Approximately 11,800 square feet on 1.03 acres
- Headquarters space plus approximately 20 executive suites
- 40 on‑site parking spaces
Property Analytics
Who owns this building?
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Current Use
Lease Details
20
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - A headquarters suite and roughly 20 executive offices are complemented by shared conference and break areas.
Where is this office building located?
The property is located at 120 Defreest Drive Troy, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approximately 11,800 square feet on 1.03 acres; Headquarters space plus approximately 20 executive suites; 40 on‑site parking spaces
