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Downtown Retail Space
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74-76 Congress Street #1, Troy, NY 12180

The approximately 1,000-square-foot space is suited to retail or restaurant use.

Property Size1,000 SF
Price / SF$2.70
Days on Market356

Property Features for 74-76 Congress Street #1

General Information

Standard status Active
Size 1,000 SF
Property subtype Retail

Building Details

Year Built 1920
Listing Agency: Sterling Real Estate Group
Listed By: Scott G Roberts · License #10401203617
Source: Simplywoodardrealestate
Added: Nov 10, 2025 Changed: Nov 1 Last Checked: Nov 1 at 2:58PM

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 Sterling Real Estate Group

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Investment Insights

Based on property information with market context.

This retail space offers approximately 1,000 square feet in a building constructed in 1920. Its scale and configuration are identified as suitable for a shop or restaurant use.

The property is at a downtown corner at 74-76 Congress Street in Troy, New York.

Key Highlights

  • Approximately 1,000 square feet of retail space
  • Located at 74‑76 Congress Street in downtown Troy
  • Building dates to 1920

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,715
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,300 $254.3K
Cap Rate 7%
$181,643 $181.6K
Cap Rate 9%
$141,278 $141.3K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$19.0K $18.96/SF
− Vacancy
−$796 −$0.80/SF
EGI
$18.2K $18.16/SF
− OpEx
−$5.4K −$5.45/SF
NOI
$12.7K $12.71/SF
Area
Rensselaer County, NY
Vacancy
4.20%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,300
Cap Rate 7%
$181,643
Cap Rate 9%
$141,278

Alternative Uses

Best Use
Retail
$181.6K
$158.9K – $211.9K (±1% cap)
NOI $12,715 @ 7.0% cap · market cap 470.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$250.0K
$218.7K – $291.7K (±1% cap)
NOI $17,499 @ 7.0% cap · market cap 648.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Frequently Asked Questions

What type of property is this?
Retail space - The approximately 1,000-square-foot space is suited to retail or restaurant use.
Where is this retail space located?
The property is located at 74-76 Congress Street #1 Troy, NY.
What are key features of this property?
This property features: Approximately 1,000 square feet of retail space; Located at 74‑76 Congress Street in downtown Troy; Building dates to 1920
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