Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    500 Federal St Troy, NY 12180

    Sponsored
    For Lease
    $21 SF/Yr

    9,640 SF+ Medical/Traditional Office Space

    Lot size:
    56,033 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional office space in Troy, NY, offers a prime location just across the Green Island Bridge in the heart of the city. The available space totals 9,640 square feet, with the potential for larger configurations up to approximately 30,000 square feet within the larger 56,033 square foot building. This multi-tenant building is currently undergoing significant upgrades under new ownership, promising a modern and improved workspace. The property is zoned DMU, making it suitable for a variety of medical and traditional office uses. The flexible layout allows for customization to meet diverse business needs, accommodating various configurations to suit specific requirements. This is an excellent opportunity to secure high-quality office space in a thriving downtown location, benefiting from easy access and high visibility. The minimum divisible space is 9,640 square feet, providing ample room for expansion or consolidation. This presents a unique chance to establish a presence in a revitalized area with significant potential for growth. Interested parties should inquire about lease terms and available configurations.

    Property Features for 500 Federal St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,033 SF
    Total Rate
    98057.75

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    30,000 SF
    Rate per SF
    $21

    HighLights

    • 9,640 SF of office space available, expandable to 30,000 SF in a 56,033 SF building.
    • ±76 parking spaces.
    • Incredible waterfront and downtown views with abundant natural light.
    • Conveniently located near Samaritan and St. Mary's Hospitals.
    • Walkable to restaurants, retail, entertainment, the waterfront, and Rensselaer Polytechnic Institute (RPI).
    Property Profile Location Intelligence

    Current Use by Public Records

    Smiles Bring Hope ... Oral Surgeon Troy Dental Office Dentist Shambhuprasad M. Mehta, ... Dentist Dr. Shammi V. ... Dentist Dr. Donald S. ... Dental Implants Periodontist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Rensselaer
    State
    New York
    Longitude
    -73.68798358361
    Latitude
    42.73448363972

    Nearby Similar for Lease

    • $1,700 /Mo
      4,400 SF

      Troy Office Space For Rent

      Professional office space available in high-visibility Troy location.
      333 Hoosick St, Troy, NY 12180
      View Details
    • New
      $2,800 /Mo
      2,600 SF

      Versatile Commercial Space with Apartment

      Live-work opportunity: commercial suite with a spacious 2-3 bedroom apartment.
      213 Pawling Ave, Troy, NY 12180
      View Details
    • $2,000 /Mo
      2,320 SF

      Downtown Troy Commercial Space Available

      Versatile commercial space in downtown Troy with high visibility.
      84 Ferry St, Troy, NY 12180
      View Details
    • $18 SF/Yr
      69,000 SF

      Redevelopment Opportunity in Troy, NY

      26.69-acre campus with 69,000 SF building for rehabilitation.
      125 Bloomingrove Dr, Troy, NY 12180
      View Details
    • $1,250 /Mo
      31,313 SF

      Troy Retail Space For Lease

      Prime retail space in busy Troy shopping plaza.
      7 Northern Dr, Troy, NY 12182
      View Details
    • $2,700 /Mo
      3,440 SF

      Troy Restaurant Space Available

      Ready-to-use restaurant space for lease in Troy, NY.
      228-230 4Th St, Troy, NY 12180
      View Details
    • $1,700 /Mo
      2,178 SF

      Troy, NY Commercial Space

      Updated commercial space suitable for office, retail, or restaurant.
      228-230 4Th St, Troy, NY 12180
      View Details
    • $12 SF/Yr
      10,455 SF

      Retail Space in High-Traffic Location

      Retail or office space available in a convenient, accessible location.
      369 2Nd Ave, Troy, NY 12182
      View Details
    • $2,700 /Mo
      3,485 SF

      Downtown Troy Commercial Space

      Commercial space for lease in downtown Troy, approximately 1000 SF.
      74-76 Congress St, Troy, NY 12180
      View Details
    • $24 SF/Yr
      52,731 SF

      Class A Office/Retail Space

      New construction office and retail space in downtown Troy.
      1609 6Th Ave, Troy, NY 12180
      View Details
    • $25 SF/Yr
      1,842 SF

      Retail Space Near Hudson Valley

      Retail space available for lease near Hudson Valley Community College.
      24-26 N Greenbush Rd, Troy, NY 12180
      View Details
    • Contact for pricing
      2,500 SF

      Oakwood Ave Warehouse Space Available

      Large Warehouse, High Traffic Area
      211 Oakwood Ave, Troy, NY 12182
      View Details

    FAQs

    What type of property is this?
    Medical office - 9,640 SF+ Medical/Traditional Office Space
    Where is this medical office located?
    The property is located at 500 Federal St Troy, NY.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 9,640 SF of office space available, expandable to 30,000 SF in a 56,033 SF building.; ±76 parking spaces.; Incredible waterfront and downtown views with abundant natural light.
    Request Owner's contact information
    500 Federal St Troy, NY 12180
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    500 Federal St
    Troy, NY 12180
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Federal St Troy, NY 12180
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.