Renovated Historic Office
For Lease
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2 3rd St, Troy, NY 12180
Renovated office building built in 1887, originally a four-story department store.
Space Size7,836 SF
Days on Market430
Property Features for 2 3rd St
General Information
Standard status
Active
Size
7,836 SF
Property subtype
OFFICE
Lease Type
Modified Gross
Building Details
Year Built
1887
Spaces For Lease
at 2 3rd St
2 3rd St
$13.50/SF/Yr
Floor
1
Size
7,836 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Located at the entrance of the historic district stands Frear’s Troy Cash Bazaar, built in 1887. Originally a four-story department store, it has been renovated into an elegant office building that houses the region's top companies, organizations, and fast-growing entrepreneurs. It is considered a prestigious address that companies are proud to showcase.
Contact us
Listing Agency:
NAI Platform
(518) 465-1400
Listed By:
Anton Pasquil · License #10401318851
(518) 779-0107
Source:
Moodyscre
Added: Aug 28, 2025
Changed: Oct 25
Last Checked: Oct 30 at 1:46PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at the entrance of the historic district, this renovated office building was built in 1887 and originally operated as a four-story department store. The property has been converted into an office building and is designed to support a range of business uses.
The building is located at 2 3rd St in Troy, NY 12180, positioned at a prominent point of arrival to the historic district.
With its four-story structure and period building background, the space offers a distinctive setting for organizations seeking an office presence in a landmark-style asset.
The building is located at 2 3rd St in Troy, NY 12180, positioned at a prominent point of arrival to the historic district.
With its four-story structure and period building background, the space offers a distinctive setting for organizations seeking an office presence in a landmark-style asset.
Key Highlights
- Renovated office building originally built in 1887
- Originally a four‑story department store, now converted to office use
- Located at the entrance of the historic district
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.03 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,100
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Troy, NY
$17.89 /SF/Yr
Avg Asking Price
$15.25–$25 /SF/Yr
Price Range
35,982 SF
Avg Space Size
This space is priced 25% below the average of $17.89 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Renovated office building built in 1887, originally a four-story department store.
Where is this office building located?
The property is located at 2 3rd St Troy, NY.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: Renovated office building originally built in 1887; Originally a four‑story department store, now converted to office use; Located at the entrance of the historic district
