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Rehabilitated Multi-Level Retail Space
For Lease
Contact for pricing

47 Congress St, Troy, NY 12180

Two first-floor retail spaces are complemented by additional retail area on the second level.

Space SizeContact for details
Days on Market9

Property Features for 47 Congress St

General Information

Standard status Active
Property subtype RETAIL
Lease Type SF/mo

Space & Availability

Divisible Yes
Space Use Retail

Spaces For Lease

at 47 Congress St Contact us

47 Congress St $15.50/SF/Mo

Contact us
Listing Agency: BHHS - Blake REALTORS | Albany
Listed By: Karen Zalewski-Wildzunas · License #10301219752
Source: Moodyscre
Added: Jul 30 Changed: Aug 2 Last Checked: Aug 6 at 6:33AM

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 BHHS - Blake REALTORS | Albany

Investment Insights

Based on property information with market context.

This multi-level retail property offers two separate commercial spaces on the ground floor along with additional retail area upstairs. The building has undergone recent rehabilitation, providing updated space for a range of commercial configurations. The floor plan may also be divided further to accommodate additional retail arrangements.

Positioned in downtown Troy at 47 Congress St, the property is suited to retail, cafe, restaurant, and general merchandise concepts. Its existing layout provides ground-floor and upper-level areas for operators seeking a flexible storefront setting in an established downtown environment.

Key Highlights

  • Two retail spaces located on the first floor
  • Additional retail area available on the second floor
  • Recently rehabilitated commercial space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Veterinary Clinic Carpet & Flooring Store Butcher Locksmith

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
$2.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,099
Businesses Nearby
53k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 26% Hotels & Casinos 8% Home Improvements & Furnishings 7%
Dinosaur Bar-B-Que Dining
13,805 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,782 visits/mo 0.5 miles
Dunkin' Donuts Dining
5,981 visits/mo 0.0 miles
Gulf Oil Shops & Services
4,586 visits/mo 0.5 miles
Best Western Plus Franklin Square Inn Troy/Albany Hotels & Casinos
4,137 visits/mo 0.3 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

$13.12 /SF/Yr
Avg Asking Price
$2.36–$32.4 /SF/Yr
Price Range
18,511 SF
Avg Space Size

This space is priced 18% above the average of $13.12 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Two first-floor retail spaces are complemented by additional retail area on the second level.
Where is this retail space located?
The property is located at 47 Congress St Troy, NY.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: Two retail spaces located on the first floor; Additional retail area available on the second floor; Recently rehabilitated commercial space
(518) 858-4719 Call to check price and availability
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