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Downtown Troy Mixed-Use Space
For Lease
$12.50 SF/Yr

49 4th Street, Troy, NY

Prominent downtown building with retail, office, or specialty space.

Space SizeContact for details
Property Size35,000 SF
Days on Market331

Property Features for 49 4th Street

General Information

Standard status Active
Size 35,000 SF
Property subtype Mixed Use

Building Details

Building Size 35,000 SF
Listing Agency: LandVest, Inc.
Listed By: Pyramid Brokerage Albany
Source: Pyramidbrokerage
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 20 at 6:03AM

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 LandVest, Inc.

Investment Insights

Based on property information with market context.

Located in downtown Troy, this mixed-use space is suitable for retail, office, or specialty uses such as a gym, daycare, salon, or studio. The property features an open floor plan with ceilings approximately 10 feet or higher. The space is subdividable, offering areas between 2,000 and 15,000 square feet within the total property size of 35,000 square feet. Originally constructed as a movie theater and later used as a government office complex, the landlord is open to creative uses and modifications. The current configuration includes concrete floors and drop ceilings. The property is situated at the intersection of Fulton Street and 4th Street, and is one block from municipal parking lots.

Key Highlights

  • Prominent downtown Troy location at the intersection of Fulton and 4th Street.
  • Subdividable space between 2,000 and 15,000 SF, offering flexibility.
  • Open floor plan with ~10'+ ceilings.

Property Analytics

Current Use

CVS Pharmacy Pharmacy CVS Pharmacy UPS Access Point ... Courier Service Independent Living Center Charitable Organization Pathstone Community Center

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
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,100
Businesses Nearby

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 8% 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Prominent downtown building with retail, office, or specialty space.
Where is this mixed-use property located?
The property is located at 49 4th Street Troy, NY.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Prominent downtown Troy location at the intersection of Fulton and 4th Street.; Subdividable space between 2,000 and 15,000 SF, offering flexibility.; Open floor plan with ~10'+ ceilings.
More about this property
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