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    Property profile & analytics
    OFF-MARKET Estimated value $13,330,000
    Office buildings

    433 Riv St, Troy, NY 12180-2250

    353,510 SF 2.94 ac lot Built 1960
    Individually Owned 9-yr Hold Free & Clear
    Property ID
    US63-1620869
    Property summary
    AI-generated overview

    433 River Street presents a unique opportunity in Troy's vibrant Waterfront District. This nine-story, 284,000 square foot traditional office building, constructed in 1917 and extensively renovated in 2020, offers stunning Hudson River and downtown views. Currently, 32,386 square feet of office space is available for lease in a multi-tenant environment. The building boasts ample parking with over 1500 spaces, catering to employees and visitors alike. Building amenities include an on-site cafe, collaborative coworking spaces, and dedicated meeting rooms, enhancing productivity and fostering a dynamic work environment. Its convenient location provides easy access to the Riverwalk, connecting tenants to local dining and entertainment options. The property is zoned Commercial - Business, ensuring flexibility for a variety of office uses. This exceptional property combines historical charm with modern upgrades, making it an ideal location for businesses seeking a prestigious and well-equipped office space in a thriving waterfront setting. The building features elevators for convenient access to all floors.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1960
    Total area 353,510 SF
    Lot 2.94 ac (128,066 SF)
    Zoning code HWD
    APN 381700 101.29-1-1./1
    UPID US63-1620869
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Eddy Health Alert Home Health Care Service
    • Stockton, Barker & Mead, LLP Law Firm
    • Loft 433 Wedding Service
    • Workforce Development Institute Inc Charitable Organization Social Service Agency
    • Troy NY, City Hall City Government Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $13.30M
    Blend (final) Blend
    $13.33M
    Owner & transaction history
    First Columbia 433 River St Ll · 9 yrs held
    First Columbia 433 River St Ll
    since 2016
    2 recorded transactions
    2016
    1969
    Zoning & alternative use
    HWD · Troy, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $19.9M +4.5%
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