Renovated Mixed-Use
231 Hill Street, Troy, NY 12180
For Lease
New
$3,000/Mo
Commercial Lease, Troy, NY
Space Size2,235 SF
Lot Size0.15 Acres
Days on Market3
Property Features for 231 Hill Street
General Information
Property type
Property subtype
Zoning
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Amenities
forced-air heating
public water and sewer
accessibility accommodations
nearby public parking
Building Details
Year built
Floors in Building
Listing Agency:
Howard Hanna Capital Inc
(518) 371-4500
Listed By:
Joseph P Cardinale · License NY #10401290174
(518) 755-2064
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 13 at 7:06PM
MLS# 202629981
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This renovated mixed-use property at 231 Hill Street has multiple rooms that can be arranged for commercial operations. The building is heated by a forced-air system and served by public water and sewer. Accessibility accommodations are noted, with public parking nearby.
The property occupies a 0.15-acre lot in Troy, near Spring Avenue. That corridor recorded an estimated 3,595 vehicles per day in 2025 AADT between Hill Street and Campbell Avenue.
The property occupies a 0.15-acre lot in Troy, near Spring Avenue. That corridor recorded an estimated 3,595 vehicles per day in 2025 AADT between Hill Street and Campbell Avenue.
Key Highlights
- 0.15‑acre lot in Troy
- Spring Avenue recorded 3,595 vehicles per day (2025 AADT) between Hill Street and Campbell Avenue
- Forced‑air heating; public water and public sewer
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.27 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
600
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
$13.56 /SF/Yr
Avg Asking Price
$12–$16 /SF/Yr
Price Range
88,346 SF
Avg Space Size
This space is priced 12% above the average of $13.56 /SF/Yr.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial zoning and a multiroom layout support varied business configurations, subject to applicable approvals.
Where is this mixed-use property located?
The property is located at 231 Hill Street Troy, NY.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 0.15‑acre lot in Troy; Spring Avenue recorded 3,595 vehicles per day (2025 AADT) between Hill Street and Campbell Avenue; Forced‑air heating; public water and public sewer
