Troy, NY 12180 · Rensselaer County

This 43,754-square-foot mixed-use property in Downtown Troy spans 3.19 acres and dates to 1910, offering substantial space for warehouse, retail, office, event, or distribution operations. The building contains expansive warehouse areas, retail sections, offices, bonus rooms, and an event space with supporting facilities, providing flexibility for multiple business configurations or a single integrated use. Located in Troy, the historic Hudson River port city known as the "Collar City" for its 19th-century textile manufacturing legacy, the property sits near Rensselaer Polytechnic Institute and benefits from the region's commercial activity and infrastructure. Priced at $3.499 million, the property presents opportunity for businesses seeking adaptable space in a downtown setting with character and established commercial access.
Historic character meets incredible commercial potential in the heart of Downtown Troy! This beautiful and versatile building offers a unique opportunity for businesses seeking warehouse, industrial, retail, office, event, or distribution space. The property features expansive warehouse facilities, retail areas, offices, bonus rooms, and an event room with supporting facilities, offering endless possibilities for a creative and adaptable business concept. Ideal for warehouse operations, distribution centers, showroom/retail, creative studios, office headquarters, events, production, storage, or a combination of uses. Bring your vision to a distinctive Downtown Troy property with character, flexibility, and tremendous potential.
The price signals we can read on this listing today. For a true sense of value against recent Troy sales, Sharon will pull the comparable closings and walk you through them.
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the comps23 facts pulled straight from the MLS listing.
The price signals we can read on this listing today. For a true sense of value against recent Troy sales, Sharon will pull the comparable closings and walk you through them.
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the compsTax estimated at the Rensselaer County rate. Insurance and PMI are estimates. Sharon can connect you with a lender for real numbers.
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Troy is in Rensselaer County, NY. There are currently 131 active listings here, ranging from $20,000 to $4,250,000. Priced 1066% above the Troy median of $300,000.
See Sharon's Troy community guideWho holds this listing, and where the data comes from.
Sharon represents buyers for this property. Your tour, offer, and inquiries go through her, not the listing brokerage.
Carrow Real Estate Services LLC · Listed by Amber Hensley (38708)
Contact: 518-788-7206
MLS #202626203 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
Real numbers from current MLS data. Not a third-party estimate.
Every change captured by Global MLS since this listing went live.
Public assessment record for the Troy roll · Troy school district · Other Storage, Warehouse and Distribution Facilities
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $841,000 | $1,440,100 | +11.3% |
| 2024 | $841,000 | $1,293,800 | +7.7% |
| 2023 | $841,000 | $1,201,400 | +8.6% |
| 2022 | $841,000 | $1,106,579 | +11.2% |
| 2021 | $841,000 | $995,266 |
Assessed and full market values come from the local assessor and lag the market; the tax bill is the assessed value times the town, county and school rates, which the seller’s disclosure will show. STAR and other exemptions are not reflected here.
Outside FEMA-mapped flood hazard areas
This point is not inside any Special Flood Hazard Area or moderate-risk zone on the current FEMA flood map. Flood insurance is optional here and usually inexpensive.
See the official FEMA flood map for this pointSource: FEMA National Flood Hazard Layer, checked 2026-09-16. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.