500 Federal St Troy, NY 12180
Property profile & analytics
500 Federal St Troy, NY 12180
- Office buildings
- 63,212 SF
- 1.02 lot acres
Property ID
US63-0093602
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Smiles Bring Hope Foundation / Dental Office
- Troy Dental Office / Dental Office
- Shambhuprasad M. Mehta, DDS / Dental Office
- Dr. Shammi V. Tandel, DDS / Dental Office
- Dr. Donald S. Cox, DDS / Dental Office
Property Details for 500 Federal St
- Year built
- 1987
- Lot size
- 1.02 lot acres
- Property size
- 63,212 SF
- Zone code
- B4
- Property type
- Office buildings
- APN
- 381700 101.45-2-1.1
- APU
- 38170010145211
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,200,000
- ML approach
- $3,200,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,142,000
- AI Estimate
- $2,151,000
Market price range: $2.04M - $4.95MMarket price range: $1.14M - $5.77M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,415,000 Current use
- AUTO REPAIR, GARAGE
- $5,275,000 Change: +54% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $3,565,000 Change: +4% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Rensselaer
- State
- New York
- Longitude
- -73.6879
- Latitude
- 42.734
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$600,000
$2,000,000
$2,600,000
-
$857,146
$2,857,154
$3,714,300
