Building Details

Building Size 114,198 SF

Listing Agency: Stacey Towns Realty LLC a***@pyramidbrokerage.com Show Phone

Listed By: Pyramid Brokerage Albany · License #3161169 Show Phone

Source: Pyramidbrokerage

Added: Sep 25, 2025 Changed: Aug 20 Last Checked: Aug 20 at 4:32AM

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Investment Insights

Based on property information with market context.

This raw, vacant space is available for rent in a prime downtown location. Originally constructed as a movie theater, the building was later converted into office space and subsequently back into retail or restaurant use. The property is slated for a full rehabilitation of the HVAC system and roof. The owner is open to discussing terms, fit-up, and potential uses for the space.

Key Highlights

• Prime downtown location
• Raw vacant space allows for customization
• Suitable for retail or restaurant use

Property Analytics

Property Profile

Current Use

Mixed-use properties

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

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,100

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Troy, NY

$13.65 /SF/Yr

Avg Asking Price

$12–$16 /SF/Yr

Price Range

92,897 SF

Avg Space Size

This space is priced 12% below the average of $13.65 /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

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What type of property is this? Where is this mixed-use properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Raw vacant space in prime downtown location, suitable for various uses.

Where is this mixed-use property located?

The property is located at 35 4th Street Troy, NY.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: Prime downtown location; Raw vacant space allows for customization; Suitable for retail or restaurant use