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Prime Retail/Office Space in Troy
For Lease
$15 SF/Yr

2 3rd Street #F-150, Troy, NY 12180

Retail/office space in historic downtown Troy with high ceilings.

Space SizeContact for details
Days on Market875

Property Features for 2 3rd Street #F-150

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $161,711

Building Details

Year Built 1920
Listing Agency: NAI PLATFORM LLC
Listed By: ANTON PASQUILL
Source: Corcoran
Added: Mar 25, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:08AM

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 LLC

Investment Insights

Based on property information with market context.

Located at the entrance to the historic downtown of Troy, the Frear building offers 2,430 RSF/2,196 USF of retail/office space available for lease. The space features floor-to-ceiling windows overlooking Fulton and 3rd Street at the corner of a busy intersection. The property includes 17-foot ceilings and a wide open area. A glass-enclosed office is centered on the floor. Access to a shared kitchenette and bathroom is provided, with the availability of additional basement storage. The space may be combined with the adjacent space for a total of 5,336 RSF.

Key Highlights

  • Prime location at the entrance to Troy's historic downtown.
  • 2,430 RSF/2,196 USF of retail/office space.
  • Floor‑to‑ceiling windows overlooking a busy intersection.

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

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

Lease Benchmarks for Troy, NY

$16.69 /SF/Yr
Avg Asking Price
$3.85–$36.92 /SF/Yr
Price Range
36,961 SF
Avg Space Size

This space is priced 10% below the average of $16.69 /SF/Yr.

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?
Office units - Retail/office space in historic downtown Troy with high ceilings.
Where is this office units located?
The property is located at 2 3rd Street #F-150 Troy, NY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime location at the entrance to Troy's historic downtown.; 2,430 RSF/2,196 USF of retail/office space.; Floor‑to‑ceiling windows overlooking a busy intersection.
More about this property
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