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The Frear Building 2 3rd St 90,000 SF 82% Leased Office Building Troy, NY 12180 $5,600,000 ($62.22/SF)
INVESTMENT HIGHLIGHTS
- Views of Downtown Troy & Hudson River
- High Pedestrian Traffic
- Structure on the Historic Register
EXECUTIVE SUMMARY
PROPERTY FACTS
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Former maintenance, office (for information technology), and storage space. Now fallen into disrepair, however the landlord is willing to discuss a strong package for Tenant Improvement allowance. Elevator and stairwell access.
Former CVS. Carpeting has been removed and is ready for selection of a new floor by the future tenant. Tenant Improvement allotment widely negotiable.
Troy's preeminent Frear building located at the entrance to the historic downtown has 2,566 RSF of retail/office space available for lease. Floor-to-ceiling windows overlook Fulton and 3rd street at the corner of this busy intersection. 17-foot-ceilings and a wide open area provide abundant floor space. A glass enclosed office is centered on the floor. There is access to a shared kitchenette and bathroom, and the availability of additional basement storage.
Troy's preeminent Frear building located at the entrance to the historic downtown has 4,521 RSF of retail/office space available for lease. Floor-to-ceiling windows overlook Fulton and 3rd street at the corner of this busy intersection. 17-foot-ceilings and a wide open area provide abundant floor space. Private kitchenette, common area bathrooms.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste F-050 | 5,500 SF | Office/Retail | Shell Space | Now |
| 1st Fl-Ste F-110 | 7,836 SF | Office | Shell Space | Now |
| 1st Fl-Ste F-150 | 2,566 SF | Office/Retail | Partial Build-Out | Now |
| 2nd Fl-Ste F-250 | 4,521 SF | Office | Full Build-Out | May 2026 |
| 2nd Fl-Ste F-260 | 2,680 SF | Office | Full Build-Out | Jan 2026 |
| 3rd Fl-Ste F-330 | 2,289 SF | Office | Full Build-Out | Jan 2026 |
| 4th Fl-Ste F-480 | 2,698 SF | Office | Full Build-Out | Jan 2026 |
1st Fl-Ste F-050
| Size |
| 5,500 SF |
| Space Use |
| Office/Retail |
| Condition |
| Shell Space |
| Available |
| Now |
1st Fl-Ste F-110
| Size |
| 7,836 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1st Fl-Ste F-150
| Size |
| 2,566 SF |
| Space Use |
| Office/Retail |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste F-250
| Size |
| 4,521 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| May 2026 |
2nd Fl-Ste F-260
| Size |
| 2,680 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Jan 2026 |
3rd Fl-Ste F-330
| Size |
| 2,289 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Jan 2026 |
4th Fl-Ste F-480
| Size |
| 2,698 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Jan 2026 |
1st Fl-Ste F-050
| Size | 5,500 SF |
| Space Use | Office/Retail |
| Condition | Shell Space |
| Available | Now |
Former maintenance, office (for information technology), and storage space. Now fallen into disrepair, however the landlord is willing to discuss a strong package for Tenant Improvement allowance. Elevator and stairwell access.
1st Fl-Ste F-110
| Size | 7,836 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Former CVS. Carpeting has been removed and is ready for selection of a new floor by the future tenant. Tenant Improvement allotment widely negotiable.
1st Fl-Ste F-150
| Size | 2,566 SF |
| Space Use | Office/Retail |
| Condition | Partial Build-Out |
| Available | Now |
Troy's preeminent Frear building located at the entrance to the historic downtown has 2,566 RSF of retail/office space available for lease. Floor-to-ceiling windows overlook Fulton and 3rd street at the corner of this busy intersection. 17-foot-ceilings and a wide open area provide abundant floor space. A glass enclosed office is centered on the floor. There is access to a shared kitchenette and bathroom, and the availability of additional basement storage.
2nd Fl-Ste F-250
| Size | 4,521 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | May 2026 |
Troy's preeminent Frear building located at the entrance to the historic downtown has 4,521 RSF of retail/office space available for lease. Floor-to-ceiling windows overlook Fulton and 3rd street at the corner of this busy intersection. 17-foot-ceilings and a wide open area provide abundant floor space. Private kitchenette, common area bathrooms.
2nd Fl-Ste F-260
| Size | 2,680 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Jan 2026 |
3rd Fl-Ste F-330
| Size | 2,289 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Jan 2026 |
4th Fl-Ste F-480
| Size | 2,698 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Jan 2026 |
PROPERTY TAXES
| Parcel Number | 1700-101.45-6-1 | Improvements Assessment | $2,960,000 |
| Land Assessment | $540,000 | Total Assessment | $3,500,000 |
PROPERTY TAXES
Presented by
The Frear Building | 2 3rd St
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