For Lease
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Property summary
This exceptional four-story, 48,472 square foot Class B office building, located at 514 Fulton Street in Troy, NY, presents a unique opportunity. Built in 1862, this National Historic Landmark, known as the Gurley Building, offers 12,676 square feet of immediately available space, divisible into units as small as 3,000 square feet. The building boasts high exposed ceilings, gracefully arched windows, richly textured brick walls, and plank wood floors, preserving its historical character. Located in the heart of Historic Downtown Troy, it's surrounded by restaurants, boutiques, Russell Sage College, and Rensselaer Polytechnic Institute. The property features two elevators, 30 total parking spaces, and on-site management. The 0.81-acre lot provides ample on and off-street parking. Ideal for creative businesses and developers seeking a prestigious address in a vibrant urban setting. This multiple-tenancy building offers a blend of traditional and creative office spaces, perfect for a variety of professional uses. The building's historical significance and prime location make it an exceptional investment opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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Tour Operator
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HVAC Service General Contractor
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Plumbing Service General Contractor
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Industrial Manufacturer Production Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Troy, NYZoning
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Zoning designation
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