Building Details

Building Size 29,760 SF

Listing Agency: Pyramidbrokerage a***@pyramidbrokerage.com Show Phone

Listed By: Pyramid Brokerage Albany Show Phone

Source: Pyramidbrokerage

Added: Sep 25, 2025 Changed: Aug 19 Last Checked: Aug 20 at 6:28AM

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Investment Insights

Based on property information with market context.

A 29,760 square foot office building is available for sale or lease. It is located in the heart of Monument Square. The building has some existing short-term leases in place. The property can continue as an office building or possibly be converted to residential apartments. It has classic Troy historical charm.

Key Highlights

• 29,760 SF office building in Monument Square.
• Available for sale or lease.
• Potential for conversion to residential apartments.

Property Analytics

Property Profile

Current Use

Law Office of Ryan ... Law Firm Art of Reiki Physician Troy Turkey Trot Hotel & Motel Gilchrist Tingley, P.C. Law Firm Parsley Jr Lawrence ... Physician

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.

Location Intelligence

Trade Area within ½ mile

2,100

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Office building - 29,760 SF office building in Troy, New York.

Where is this office building located?

The property is located at 251 River Street Troy, NY.

What is the asking price?

The asking price for this property is $2,300,000.

What are key features of this property?

This property features: 29,760 SF office building in Monument Square.; Available for sale or lease.; Potential for conversion to residential apartments.