2 3rd Street

Troy, NY 12180

$5,600,000
Price
Beds
114,198 Sq. Ft.
$49 / Sq. Ft.
114,198
Sq. Ft.
$49
per Sq. Ft.

Description

Major downtown Troy commercial marquee structure with 90,000+ SF of commercial Class B office and retail space. Located in site of the Hudson River waterfront, right off of a major highway, and situated at the entrance of downtown Troy. Mixed-use zoning district allows for nearly all commercial, residential, and some industrial uses. Both buildings on the tax lot are structurally connected with some shared utility services to each other as well as the city owned portion of the Troy Atrium. The property...Major downtown Troy commercial marquee structure with 90,000+ SF of commercial Class B office and retail space. Located in site of the Hudson River waterfront, right off of a major highway, and situated at the entrance of downtown Troy. Mixed-use zoning district allows for nearly all commercial, residential, and some industrial uses. Both buildings on the tax lot are structurally connected with some shared utility services to each other as well as the city owned portion of the Troy Atrium. The property is offered as part of a three tax-parcel development/re-development portfolio that includes 2 3rd St (The Frear Building) and The Troy Atrium (on Broadway between 3rd & 4th St). Additional information available.
  1. Listed by Anton Pasquill • NAI Platform LLC

Property Details for 2 3rd Street

Architectural Style
Commercial
Zoning
Mixed
Waterfront
No
Parking Total
.00
LISTING UPDATED: 11/01/2024 10:20 PM

Property Details for 2 3rd Street

StatusActive
MLS #202414100
Days on Market123
Taxes$161,711 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1920
Lot Size0.93 AC / 40,510 SF
CountyRensselaer County

Building Information for 2 3rd Street

Stories4Residences-Year Built1920Lot Size0.93 AC / 40,510 SF

Property Information for 2 3rd Street

Summary
Location and General Information
  • Postal City: Troy
  • Directions: Corner of Fulton & 3rd St to Corner of Fulton & 4th St. https://maps.app.goo.gl/FhVCHfj87vjMzjTv8
  • City: Troy
  • State Or Province: NY
  • Postal Code: 12180
  • County Or Parish: Rensselaer
  • Latitude: 42.73
  • Longitude: -73.69
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 1.000
  • Tax Block: 6
  • Parcel Number: 381700 101.45-6-1
  • Tax Tract: 101.45
  • Tax Annual Amount: $161,711.48
School Information
  • School District: Troy
Property
Property and Assessments
  • Property Type: Commercial Sale
  • Property Type Label: Commercial Sale
  • Current Use: Retail
Lot Information
  • Year Built: 1920
  • Lot Size Dimensions: 125X260.4
  • New Construction: No
  • Lot Size Acres: 0.93
  • Lot Size Area: 0.93
  • Lot Size Units: Acres
  • Lot Size Square Feet: 40511.0
Building Information
  • Building Area Total: 114198.0
  • Living Area: 114198.0
  • Possible Use : Business: Yes
  • Possible Use : Office: Yes
  • Possible Use : Office Plus: Yes
  • Possible Use : OfficeRetail: Yes
  • Possible Use : Restaurant: Yes
  • Possible Use : Retail: Yes
  • Possible Use : Shopping Center: Yes
Utilities
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Security Features: Fire Sprinkler System, Fire Escape, Building Security, Fire Alarm
Interior Features
  • Heating: Heat Pump, Other
  • Roof: Flat
  • Electric: Single Phase
  • Basement: Other
  • Construction Materials: Other
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Stories: 4
  • Building Detail : Elevator #: 2
  • Building Detail : Building Ceiling Height: 17
  • Building Detail : # Loading Dock: 1
Room Information
Bathrooms
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00

Property History for 2 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2 3rd Street

Taxable ValueLand$540,000Additions$2,960,000Total$3,500,000
Home Facts
Total Finished SqFt114,198 SqFtAbove Grade Finished SqFt114,198 SqFtStories4Lot Size40,511 SqFtStyleOffice BuildingYear Built1920Year Renovated1980ZoningB4CountyRENSSELAERAPN381700 101.45-6-1

Schools near 2 3rd Street

This home is within Troy City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
P.S. 14
PublicPK to 5

Troy Middle School
Public6 to 8

Troy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2 3rd Street is a mixed use property for sale in Troy, NY 12180. This property was listed for sale on March 25, 2024 by NAI Platform LLC, it's currently listed at $5,600,000. This listing's school district is Troy City School District. Nearby schools include P.S. 14, Troy Middle School and Troy High School. 2 3rd Street is a 0-bed, 0-bath, 114,198 sqft mixed use property built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAI Platform LLC

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