110 Monroe St, Troy, NY 12180
This exceptional commercial property in Troy, NY, presents a unique investment opportunity. Located at 110 Monroe Street, this offering encompasses a substantial 209,088 square foot lot and features a +/- 70,000 square foot building with significant potential. The building boasts approximately 500 feet of Hudson River frontage, providing unparalleled visibility and access. The property also offers potential rail access, a significant advantage for logistics and transportation. The existing building includes 10 overhead doors and ceiling heights ranging from 14 to 45 feet clear, accommodating a variety of industrial uses. Currently, tenants occupy 20,500 square feet on a month-to-month basis, with the owner vacating the remaining space, presenting immediate opportunities for redevelopment or lease expansion. The property's location offers convenient access to major highways, situated approximately 1.5 miles away. The sale does not include a cell tower located on the property. This is a rare chance to acquire a large-scale industrial property with prime riverfront location and excellent transportation links in a thriving New York market. The asking price for this remarkable opportunity is $3,500,000. The property is zoned for commercial use and is located in Rensselaer County, NY, zip code 12180.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
WCD · Troy, NYTroy. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.