Specialty Real Estate
43 3rd Street Troy, NY 12180
Details & Description
Price: $600,000
    Located in Troy city-center, this historic hotel is a prime redevelopment loaded with possibilities. Once a popular hotel with 80 rooms, ballroom and rathskeller basement bar; most recently, a pub and entertainment venue; it now serves as a lobby/bar and stage for the Troy Foundry Theater. It is ripe for refit as apartments or a hotel, events space, office and retail. Owners have secured grants and historical tax credits. As an Opportunity Zone project, it provides further financial incentives to investors.
    Additional Photos
    Listing Agents
    Deanna Dal Pos

    O: 518-465-1400
    M: 518-366-0920
    ddalpos@naiplatform.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    43 3rd Street

    Troy, NY 12180

    Listing ID: 246220
    • 43 3rd Street Troy, NY 12180 | for Sale | Photo 1
    • 43 3rd Street Troy, NY 12180 | for Sale | Photo 2
    • 43 3rd Street Troy, NY 12180 | for Sale | Photo 3
    • 43 3rd Street Troy, NY 12180 | for Sale | Photo 4
    • 43 3rd Street Troy, NY 12180 | for Sale | Photo 5
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    Building Size: 19,309 SF
    Lot Size: 0.110 AC
    Land Size: 4,791 SF
    Building $/SF: $31.07
    Land $/SF: $125.23
    Price
    $600,000
    Description

    Located in Troy city-center, this historic hotel is a prime redevelopment loaded with possibilities. Once a popular hotel with 80 rooms, ballroom and rathskeller basement bar; most recently, a pub and entertainment venue; it now serves as a lobby/bar and stage for the Troy Foundry Theater. It is ripe for refit as apartments or a hotel, events space, office and retail. Owners have secured grants and historical tax credits. As an Opportunity Zone project, it provides further financial incentives to investors.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Albany History of Specialty Real Estate for Sale

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    Troy Area Market Trends

    Listing Demographics for 43 3rd Street Troy, NY 12180

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population23,94186,831158,231
    Population Median Age353739
    Population by Age0-9 Yrs2119 (8%)9161 (10%)16841 (10%)
    10-19 Yrs4269 (17%)11735 (13%)20436 (12%)
    20-29 Yrs5984 (24%)17402 (20%)27077 (17%)
    30-39 Yrs2873 (12%)12444 (14%)22222 (14%)
    40-49 Yrs2478 (10%)9328 (10%)17357 (10%)
    50-59 Yrs2341 (9%)10208 (11%)19906 (12%)
    60-69 Yrs2156 (9%)8679 (9%)17579 (11%)
    70+ Yrs1721 (7%)7874 (9%)16814 (10%)
    Median HH Income$40,824$50,776$58,173
    Total Household Income< 24K3416 (34%)9296 (25%)14021 (21%)
    25-49K2346 (23%)8679 (23%)14461 (21%)
    50-74K1625 (16%)6394 (17%)12123 (18%)
    75-99K1097 (11%)4704 (12%)8830 (13%)
    100-199K1149 (11%)6071 (16%)13037 (19%)
    200K+165 (1%)1273 (3%)3375 (5%)
    Highest Education LevelNo Diploma2154654910772
    Diploma or GED40641588828519
    Some College2735981918281
    Assoc. Degree1541728613767
    Bachelors Degree22991023220385
    Higher Degree1573714615283
    Total Housing Units11,66741,82073,560
    --Owner-Occupied2,19013,92430,599
    --Renter-Occupied7,60822,49335,248
    Owner-Occupied Values< 100K48822233740
    100-199K1231717712997
    200-299K31827747750
    300-399K347973153
    400-499K504011461
    500K+685521497
    Total Working Age Population20,71473,155131,467
    In Work Force12,07846,74885,518
    Not In Work Force8,63626,40745,949
    Workforce Employed11,38744,03780,903
    Workforce Unemployed6512,5894,428
    Civlian Workforce12,03846,62685,331
    Military Workforce40122187
    Total Households9,79736,41665,847
    Family Households4,02217,88535,404
    Non-Family Households5,77618,53230,443
    Married Couple1,88510,48322,530
    Other Family2,1377,40212,874
    Married w/Child5223,6767,934
    Single Male w/Child1997431,421
    Single Female w/Child1,1453,6755,965

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Albany County294,565+3304,204+3312,945+3322,394
    Rensselaer County152,538+5159,429+1161,140+1161,946
    Saratoga County200,635+9219,607+7234,009+5246,743

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 43 3rd Street in Troy?
    The asking price for 43 3rd Street is $600,000
    What is the building size of this Specialty property in Troy, NY?
    The size of the building/unit at 43 3rd Street in Troy is 19,309 square feet
    How much land does the Troy, NY property at 43 3rd Street include?
    43 3rd Street in Troy includes 0.110 acres of land
    What kind of Specialty is the propery at 43 3rd Street?
    The property at 43 3rd Street Troy, NY 12180 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 43 3rd Street in Troy?
    The population within 1 mile of 43 3rd Street Troy, NY 12180 is 23,941 people.
    Who do I contact for questions about 43 3rd Street?
    You should contact the listing agent, Deanna Dal Pos, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Bradley International Airport (BDL) 75
    Manchester-Boston Regional Airport (MHT) 115
    Syracuse Hancock International Airport (SYR) 125