192 9th Street presents a rare adaptive reuse and redevelopment opportunity in the City of Troy, New York. Positioned on approximately 1.5 acres near the Hoosick Street corridor, the property consists of a substantial five-story brick structure with additional building components and a full basement, totaling more than 100,000 square feet. The building's configuration, symmetrical floor plates, elevator access, and large room layouts provide a strong foundation for a variety of redevelopment strategies, including multifamily residential conversion, student housing, senior housing, mixed-use redevelopment, or other residential and institutional uses subject to approvals.
The property is located within a region benefiting from continued investment and economic activity associated with New York's Capital Region and Tech Valley. Its proximity to Rensselaer Polytechnic Institute, Russell Sage College, SUNY institutions, and numerous regional colleges supports potential residential demand from students, faculty, and workforce populations. The location also benefits from access to major employment centers, research facilities, healthcare institutions, and transportation infrastructure throughout the Albany metropolitan area.
The asset enjoys convenient access to major roadways and is situated near one of the region's busiest commercial corridors. Nearby amenities include shopping destinations, hospitals, universities, Albany International Airport, and regional transportation services. Upper floors offer expansive views of the surrounding Capital Region landscape.
With significant scale, existing structural improvements, elevator service, and a location within an active redevelopment environment, 192 9th Street offers investors and developers the opportunity to reposition a landmark property within one of Upstate New York's established urban markets.