Troy, NY 12180 · Rensselaer County

This 100,000 square foot landmark building on 1.59 acres sits in downtown Troy, a historic Hudson River port city known as the "Collar City" for its 19th-century textile manufacturing heritage. Built in 1890 and currently operating as a private educational facility, the property offers multiple adaptive uses: institutional functions such as school, religious, nonprofit, healthcare, or municipal operations, or residential redevelopment including apartments, student housing, or senior housing subject to local approvals. The structure features high ceilings, an elevator, flexible floor plans, and brick construction, with a full basement and private off-street parking. Troy is home to Rensselaer Polytechnic Institute, founded in 1824 as the oldest technological university in the English-speaking world.
Exceptional institutional campus and redevelopment opportunity in the heart of Troy. Situated on approximately 1.59 acres, this landmark property features over 72,000 SF (100,000+ SF including additions and outbuildings). Currently configured as a private educational facility, it is well suited for continued school, educational, religious, nonprofit, healthcare, municipal, or other institutional uses. The property also offers outstanding adaptive reuse potential for apartments, student housing, senior housing, mixed-use, or other residential redevelopment (subject to approvals). Featuring high ceilings, an elevator, flexible floor plans, and timeless brick architecture, this is a rare opportunity to acquire one of the Capital Region's most significant institutional properties.
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Troy is in Rensselaer County, NY. There are currently 106 active listings here, ranging from $15,500 to $2,995,000. Listings in this address fall under the Troy school district. Priced 845% above the Troy median of $317,000.
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Realty One Group Key · Listed by Ryan Mortka (31807)
Contact: 518-534-3714
MLS #202621359 · Source: Global MLS, Inc.
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