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Open-Concept Office Suite
For Lease
$2,950/Mo

5 State Street, Troy, NY 12180

Professionally maintained brick office building offering an open-concept suite with off-site parking and immediate occupancy.

Space Size2,400 SF
Property Size17,989 SF
Days on Market98

Property Features for 5 State Street

General Information

Standard status Active
Size 2,400 SF
Class B
Property subtype Office
Lease Type Gross
Lease Term Gross

Amenities

open-concept floor plan

Building Details

Building Size 17,989 SF
Construction brick

Spaces For Lease

at 5 State Street
5 State Street, Troy NY $2,950/Mo
Size 2,400 SF
Type Office Building
Term Negotiable
Contact us
Listed By: Tyler Culberson, SIOR
Source: Standardbrokerageco
Added: Jul 17 Changed: Oct 14 Last Checked: Oct 20 at 7:20PM

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 Tyler Culberson, SIOR

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Investment Insights

Based on property information with market context.

Available for lease is 2,400 SF of well-maintained office space within a professionally maintained brick office building. The suite features an open-concept floor plan designed for flexible workspace planning.
Off-site parking is available, and the property is walkable to downtown Troy. The space is immediately available for occupancy and is offered on a gross lease basis.

Key Highlights

  • 2,400 SF office suite available for lease at 5 State Street in Troy, NY
  • Open‑concept floor plan in a professionally maintained brick office building
  • Offered on a gross lease basis

Property Analytics

Current Use

Outspoken Media Advertising Agency sequence development (Bike/Boat/Book/etc) Store

Suggested Use

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,030
Businesses Nearby

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

$16.59 /SF/Yr
Avg Asking Price
$12–$26 /SF/Yr
Price Range
41,980 SF
Avg Space Size

This space is priced 11% below the average of $16.59 /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

Frequently Asked Questions

What type of property is this?
Office unit - Professionally maintained brick office building offering an open-concept suite with off-site parking and immediate occupancy.
Where is this office unit located?
The property is located at 5 State Street Troy, NY.
What is the lease rate?
The lease rate is $2,950/Mo.
What are key features of this property?
This property features: 2,400 SF office suite available for lease at 5 State Street in Troy, NY; Open‑concept floor plan in a professionally maintained brick office building; Offered on a gross lease basis
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