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Collar Factory Lofts Office Suites
For Lease
$12 SF/Yr

701 River Street, Troy, NY 12180

Two combined office suites in a multi-unit loft building with parking, shared breakroom, and on-site fitness.

Property Size77,742 SF
Days on Market93

Property Features for 701 River Street

General Information

Standard status Active
Size 77,742 SF

Additional Details

Highway Access Yes
Office Units 2

Building Details

Year Built 1916
Listing Agency: Carrow Real Estate Services LLC
Listed By: Kyle J Bradley
Source: Signatureonerealtygroup
Added: Apr 30 Changed: Jul 10 Last Checked: Jul 30 at 6:18PM

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 Carrow Real Estate Services LLC

Investment Insights

Based on property information with market context.

Available for rent is approximately 5,251 square feet of office space within the 83-unit Collar Factory Lofts. The offering includes two suites, approximately 2,528 square feet and approximately 2,723 square feet, which can be combined for a larger footprint. The space also benefits from access to an on-site fitness center and a shared breakroom.

The property is located near numerous dining and shopping amenities. It is easily accessible from I-787, and the building provides ample on-site parking for employees and visitors.

This configuration is well suited for tenants looking for flexible office sizing within a larger loft-style complex. The ability to lease either suite separately or combine them can support a range of occupancy needs, from smaller teams to expanded office requirements, while shared amenities such as a breakroom and fitness center help support day-to-day operations.

Key Highlights

  • Approx. 5,251 SF of office space in the 83‑unit Collar Factory Lofts building (built 1916)
  • Two suites of approx. 2,528 SF and 2,723 SF that can be easily combined
  • On‑site fitness center plus shared breakroom included

Property Analytics

Current Use

Collar Factory Lofts Apartment Building Redburn Property Services Property Management Company MassiveMesh Networks Telecommunications Service Stonewall Defense Corporate Office LMM Photography Photography Service

Suggested Use

Top Pick Real Estate Agency Law Firm Accounting Firm Nail Salon Storage Facility (Bike/Boat/Book/etc) Store

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

2
Office units
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

834
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

$15.58 /SF/Yr
Avg Asking Price
$3.85–$26 /SF/Yr
Price Range
35,088 SF
Avg Space Size

This space is priced 23% below the average of $15.58 /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
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Frequently Asked Questions

What type of property is this?
Office units - Two combined office suites in a multi-unit loft building with parking, shared breakroom, and on-site fitness.
Where is this office units located?
The property is located at 701 River 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: Approx. 5,251 SF of office space in the 83‑unit Collar Factory Lofts building (built 1916); Two suites of approx. 2,528 SF and 2,723 SF that can be easily combined; On‑site fitness center plus shared breakroom included
More about this property
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