Rare opportunity to acquire The Market Block, an iconic +/-49,965 SF, three-story mixed-use landmark in the heart of historic Downtown Troy. Offered at $3,890,000 ($77.85 PSF) with a 6.0% capitalization rate on in-place income. This 100% occupied retail/office property features a diverse tenant mix including Warner Bros., Velan Studios, Stacks Espresso and other established businesses. Flexible lease terms offer significant owner-user potential, while below-market rents provide investors with upside opportunity. Prominent corner location steps from Monument Square, River Street and the Hudson River waterfront. Excellent walkability, strong pedestrian activity, nearby public parking and convenient access to I-787, RPI and Russell Sage College. Downtown Mixed Use (DMU) zoning.

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1 3rd StreetTroy, NY 12180Price: $3,890,000

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Building Relationships Based on Trust, Honesty and Dedication

1 3rd StreetTroy, NY 12180Price: $3,890,000

$/month over payments

Listing Tools

$/month over payments

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Property Details of 1 3rd Street

Property Details

Basic Information

Property

Location

Finance

Utilities and Appliances

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