Troy, NY Commercial Real Estate for Lease and Sale

Explore 35 listings of Troy commercial real estate to find the best space for your business.

908 River St

908 River St, Troy, NY
Property

Restaurant

4,313 SF
Year Built

1963
For Sale

$475,000
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500 Federal Street

500 Federal Street, Troy, NY
Property

Office

63,212 SF
Availability

1 Space

30,000 SF
Year Built

1987
For Lease

$21.00/SF/YR
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84 Ferry St

84 Ferry St, Troy, NY
Property

Retail

2,320 SF
Availability

1 Space

1,650 SF
Year Built

1980
For Lease

$2,000.00/MO
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The Frear

2 3rd St, Troy, NY
Property

Office

90,000 SF
Year Built

1900
For Sale

$5,600,000
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Office Coworking Retail Industrial

Office Retail Industrial Land
75 102nd Street

75 102nd Street, Troy, NY
Property

Office

265,000 SF
Availability

2 Spaces

43,030 SF
For Lease

$6.75 - $14.00/SF/YR
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3107 6th Avenue

3107 6th Avenue, Troy, NY
Property

VacantLand
Availability

1 Space

4,356 SF
For Lease

$1,275.00/MO
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3,400 SF Freestanding Building

222 9th St, Troy, NY
Property

Retail

3,500 SF
Availability

1 Space

3,400 SF
Year Built

2020
For Lease Contact for pricing
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198 First Street

198 First Street, Troy, NY
Property

Other

2,646 SF
Year Built

1980
For Sale

$350,000
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764 7th Avenue,

764 7th Avenue,, Troy, NY
Property

Other

2,430 SF
Year Built

1940
For Sale

$330,000
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The Atrium

49 Fourth St, Troy, NY
Property

Office

73,000 SF
Year Built

1970
For Sale

$2,500,000
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539 Pawling Ave (Former CVS)

539 Pawling Ave (Former CVS), Troy, NY
Property

Retail

20,160 SF
Availability

1 Space

7,000 SF
Year Built

1940
For Lease

$11.00/SF/YR
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Troy Historic Bank

50 4TH ST, Troy, NY
Property

Retail

10,100 SF
Availability

1 Space

10,100 SF
Year Built

1936
For Lease

$10.00/SF/YR
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Troy Historic Bank

50 4TH ST, Troy, NY
Property

Retail

10,100 SF
Year Built

1936
For Sale

$1,475,000
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Hoosick Medical & Professional Building

258 Hoosick Street, Troy, NY
Property

Office

60,000 SF
Availability

6 Spaces

13,269 SF
Year Built

2011
For Lease

$14.00/SF/YR
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The Frear Building

1 Fulton Street, Troy, NY
Property

Office

114,198 SF
Availability

2 Spaces

4,570 SF
Year Built

1904
For Lease

$2,212.50 - $3,733.33/MO
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351-361 2nd St

351-361 2nd St, Troy, NY
Property

Industrial

19,000 SF
For Sale

$719,000
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2 3rd Streeet - Office

2 3rd St, Troy, NY
Property

Office

114,198 SF
Availability

2 Spaces

3,588 SF
Year Built

1920
For Lease

$16.50/SF/YR
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2 3rd Street - Retail

2 3rd St, Troy, NY
Property

Retail

114,198 SF
Availability

2 Spaces

5,336 SF
Year Built

1920
For Lease

$15.25/SF/YR
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Family Dollar - North Troy

82 2nd Ave, Troy, NY
Property

Retail

7,538 SF
Year Built

1940
For Sale

$529,755
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7 Madison Street

7 Madison Street, Troy, NY
Property

Industrial

37,969 SF
Year Built

1940
For Sale

$1,850,000
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24 4th Street
Aurelius Coworks
24 4th Street, Troy, NY
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

Concierge

High-speed wifi

Mail services

Printer

Professional & social events

Videoconferencing
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433 River Street

433 River Street, Troy, NY
Property

Office

272,000 SF
Availability

1 Space

7,415 SF
Year Built

1992
For Lease

$13.50/SF/YR
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851 2nd Ave

851 2nd Ave, Troy, NY
Property

Retail

2,998 SF
Availability

1 Space

2,998 SF
Year Built

1985
For Lease Contact for pricing
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110 Monroe St

110 Monroe St, Troy, NY
Property

Office
For Sale

$3,500,000
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404-406 9th Street

404-406 9th St, Troy, NY
Property

Multi-Family

3,000 SF
For Sale

$395,000
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Ross Tech Park

79 102nd Street, Troy, NY
Property

Office

36,000 SF
Availability

1 Space

2,012 SF
For Lease

$9.00/SF/YR
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867-869 River St

867-869 River St, Troy, NY
Property

Retail
For Sale

$499,999
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291, 293, 295, 297 River Street

291-295 River St, Troy, NY
Property

Office

18,842 SF
Availability

2 Spaces

8,890 SF
Year Built

1912
For Lease

$5,400.00 - $7,500.00/MO
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851 2nd avenue

851 2nd avenue, Troy, NY
Property

Retail

2,998 SF
For Sale Contact for pricing
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Hudson River Commons

120 Hoosick Street, Troy, NY
Property

Retail

135,933 SF
Availability

2 Spaces

20,487 SF
Year Built

1950
For Lease

$25.00/SF/YR
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River Street Portfolio, Troy, NY 12180

255 River Street, Troy, New York, 12180, Troy, NY
Property

Unassigned
For Sale

$22,650,000
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779 River St

779 River St, Troy, NY
Property

Industrial

4,144 SF
Year Built

1910
For Sale

$230,000
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24 Fourth Street,
Troy Innovation Garage
24 4th Street, Troy, NY
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Beverage services

High-speed internet

Mail services

Premium coffee

Printer

Videoconferencing
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Uncle Sam Lot

15-25 4th Street, Troy, NY
Property

VacantLand
For Sale

$2,250,000
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18 112th St

18 112th St, Troy, NY
Property

Industrial

1,586 SF
Availability

1 Space

1,586 SF
Year Built

1920
For Lease

$1,800.00/MO
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Troy commercial real estate market incorporates 1,106,450 square feet of office space across 11 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Troy commercial real estate market includes 311,445 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Troy market, there is a total of 62,699 square feet of industrial property.

The listing inventory in Troy incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Troy is represented by Office space, which accounts for 112,774 square feet of available listings. Retail space available in Troy adds up to 52,571 square feet.

Meanwhile, most of the listings of commercial property for sale in Troy are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Troy is $14.41 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Troy can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Troy, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $17.51 per square foot. In particular, the property type commanding the highest lease rates in Troy was Office space.

Conversely, the highest sale price last year was $1,800,000 that is located at 406 Fulton Street.

The average size of a commercial property in Troy depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Troy, the average size of an office property is 110,645 square feet.
Retail properties here incorporate an average of 28,314 square feet.
Industrial space in Troy is in buildings that are, on average 15,675 square feet in size.

Troy, NY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Troy currently add up to 169,687 square feet. The market offers 8 active office listing(s), which amount to 112,774 square feet and account for 44% of commercial spaces on the market. Local retail availability includes 50,971 square feet across 7 retail space(s). Industrial space for rent opportunities in Troy amount to 1,586 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	8	112,774
Retail	7	50,971
Industrial	2	1,586
Other	1	4,356

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Troy, NY. Currently, there is 257,138 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 4 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	163,000
Retail	4	20,636
Industrial	3	61,113
Other	5	12,389

Troy, NY Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Troy, NY?

What factors affect the price of commercial real estate in Troy, NY?

What is the average rent for commercial space in Troy, NY?

What are the best areas for commercial real estate in Troy, NY?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Troy, NY?

Troy, NY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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