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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 Market53

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 Contact us

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: Aug 8 Last Checked: Sep 6 at 7:38AM

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

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 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

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

$16.99 /SF/Yr
Avg Asking Price
$3.85–$36.92 /SF/Yr
Price Range
37,641 SF
Avg Space Size

This space is priced 13% below the average of $16.99 /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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Frequently Asked Questions

What type of property is this?
Office units - Professionally maintained brick office building offering an open-concept suite with off-site parking and immediate occupancy.
Where is this office units 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
More about this property
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