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Mixed-Use Class B Office and Retail Building
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2 3rd St, Troy, NY 12180

Class B office and retail space within a mixed-use zoning district near downtown Troy’s Hudson River waterfront.

Property SizeContact for details
Days on Market142

Property Features for 2 3rd St

General Information

Standard status Active
Class Class B
Property subtype Office

Site & Location

Highway Access Yes
Utilities to Site Yes

Building Details

Buildings 2
Listing Agency: NAI Platform
Listed By: Anton Pasquill · License #10401318851
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 7:11AM

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

Investment Insights

Based on property information with market context.

The Frear is a connected two-building commercial property containing 100,000+ SF of Class B office and retail space. The structures share certain utility services with one another and with the city-owned portion of the Troy Atrium. The property’s mixed-use zoning district supports nearly all commercial and residential uses, along with some industrial uses.

Positioned at the entrance to downtown Troy and directly off a major highway, the property occupies a prominent setting at the Hudson River waterfront. The offering is part of a three-parcel development and redevelopment portfolio that also includes 2 3rd St, identified as The Frear Building, and The Troy Atrium on Broadway between 3rd and 4th St.

Key Highlights

  • 100,000+ SF of Class B office and retail space
  • Two structurally connected buildings with shared utility services
  • Mixed‑use zoning allows nearly all commercial and residential uses plus some industrial uses

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

Yes
Highway access
Yes
Utilities to site

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

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?
Mixed-use property - Class B office and retail space within a mixed-use zoning district near downtown Troy’s Hudson River waterfront.
Where is this mixed-use property located?
The property is located at 2 3rd St Troy, NY.
What are key features of this property?
This property features: 100,000+ SF of Class B office and retail space; Two structurally connected buildings with shared utility services; Mixed‑use zoning allows nearly all commercial and residential uses plus some industrial uses
(518) 512-3078 Call to check price and availability
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