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Retail Space in Historic Troy
For Lease
$1,450/Mo

342 Congress Street, Troy, NY 12180

Ground floor retail space available for lease in Troy.

Space SizeContact for details
Lot Size0.07 Acres
Days on Market182

Property Features for 342 Congress Street

General Information

Standard status Active
Lot size 0.07 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,889

Amenities

Hot Water Heating

Building Details

Year Built 1890
Listing Agency: KW PLATFORM
Listed By: JONATHAN WITTSON · License #10401372660
Source: Corcoran
Added: Feb 20 Changed: Aug 21 Last Checked: Aug 21 at 7:13AM

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 KW PLATFORM

Investment Insights

Based on property information with market context.

This ground floor commercial retail space, encompassing 1,300 square feet, is available for lease. The lease is full gross at $15 per square foot. The base term is 2 years, with a 3-month deposit required. The property is located in an up-and-coming neighborhood in Historic Troy, situated just blocks away from RPI and Downtown Troy. Congress Street is a heavily trafficked corridor.

Key Highlights

  • Ground floor commercial retail space.
  • Located in an up‑and‑coming neighborhood in Historic Troy.
  • High‑traffic location on Congress St.

Property Analytics

Current Use

Tom's Floor Covering ... Carpet & Flooring Store Uncle Sam’s Flooring, ... Carpet & Flooring Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Tech Support Center Pharmacy Auto Parts Store Pet Grooming Service

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
$2.01 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,555
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 74% Dining 26%
Gulf Oil Shops & Services
4,586 visits/mo 0.5 miles
Sunoco Shops & Services
4,308 visits/mo 0.1 miles
Gong Cha Dining
3,053 visits/mo 0.4 miles
Mavis Discount Tire Shops & Services
1,546 visits/mo 0.4 miles
Firestone Complete Auto Care Shops & Services
1,293 visits/mo 0.5 miles

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

$13.3 /SF/Yr
Avg Asking Price
$2.36–$32.4 /SF/Yr
Price Range
21,501 SF
Avg Space Size

This space is priced 1% above the average of $13.3 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground floor retail space available for lease in Troy.
Where is this retail space located?
The property is located at 342 Congress Street Troy, NY.
What is the lease rate?
The lease rate is $1,450/Mo.
What are key features of this property?
This property features: Ground floor commercial retail space.; Located in an up‑and‑coming neighborhood in Historic Troy.; High‑traffic location on Congress St.
More about this property
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