E
Seller's Agent in 2016
Elisa Foley
William Raveis Real Estate
12 Cottage St Troy, NY 12180
South Troy NeighborhoodEstimated Value: $259,548 - $4,403,000
82
Beds
82
Baths
45,000
Sq Ft
$29/Sq Ft
Est. Value
Highlights
- 2.74 Acre Lot
- Forced Air Heating System
- Level Lot
About This Home
As of May 2016Great investment opportunity in Troy, NY! Located just outside the entrance to the Hudson Valley Community College campus (which currently serves 13,000 students each semester and is in the process of expanding), this complex is operating as a 162-bed student housing facility. There is great potential for a savvy investor to enhance the current operation or modify and expand the complex for alternate use. Two separate two-story buildings totaling approx 45,000 sq ft, private parking and an adjacent single family home are included in the sale. Walking distance to grocery stores, banks, restaurants and regional shopping.
Last Agent to Sell the Property
Elisa Foley
William Raveis Real Estate Brokerage Phone: 203-869-9263 License #10401270240 Listed on: 05/01/2015
Last Buyer's Agent
Non Non Member-MLS
Non-Member MLS
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $42,290
Year Built
- Built in 1960
Lot Details
- 2.74 Acre Lot
- No Common Walls
- Level Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 45,000 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 82 Bedrooms
- 82 Full Bathrooms
Parking
- 100 Parking Spaces
- Private Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 1127-711-0381700
Community Details
Overview
- 81 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2015
Closed on
May 18, 2016
Sold by
Franklin Housing
Bought by
25 Morrison Ave Assoc Llc
Seller's Agent
Elisa Foley
William Raveis Real Estate
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$3,599,000
Sold Price
$2,300,000
Premium/Discount to List
-$1,299,000
-36.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,000,363
Avg. Annual Appreciation
-5.67%
Original Mortgage
$1,725,000
Outstanding Balance
$1,370,080
Interest Rate
3.59%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$70,443
Purchase Details
Closed on
Dec 31, 2009
Sold by
Bennett Gary
Bought by
Bennett Gary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,704
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 28, 2005
Sold by
Collins Richard
Bought by
Bennett Gary O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,748
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 20, 2002
Sold by
Collins Richard
Bought by
Collins Richard
Purchase Details
Closed on
Dec 29, 1994
Sold by
Hawryluk Tessie Moon Alexandra
Bought by
Collins Richard and Collins Rebekah
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 25 Morrison Ave Assoc Llc | $2,300,000 | Carolyn George | |
| Bennett Gary | -- | -- | |
| Bennett Gary O | $115,000 | Arthur Glass | |
| Collins Richard | -- | -- | |
| Collins Richard | $83,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 25 Morrison Ave Assoc Llc | $1,725,000 | |
| Previous Owner | Bennett Gary | $142,704 | |
| Previous Owner | Bennett Gary O | $112,748 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/18/2016 05/18/16 | Sold | $2,300,000 | -36.1% | $51 / Sq Ft |
| 03/11/2016 03/11/16 | Pending | -- | -- | -- |
| 05/01/2015 05/01/15 | For Sale | $3,599,000 | -- | $80 / Sq Ft |
Source: OneKey® MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,885 | $121,000 | $19,000 | $102,000 |
| 2023 | $8,383 | $121,000 | $19,000 | $102,000 |
| 2022 | $5,350 | $121,000 | $19,000 | $102,000 |
| 2021 | $1,854 | $121,000 | $19,000 | $102,000 |
| 2020 | $2,152 | $121,000 | $19,000 | $102,000 |
| 2019 | $4,370 | $121,000 | $19,000 | $102,000 |
| 2018 | $3,884 | $121,000 | $19,000 | $102,000 |
| 2017 | $4,370 | $121,000 | $19,000 | $102,000 |
| 2016 | $4,596 | $121,000 | $19,000 | $102,000 |
| 2015 | -- | $121,000 | $19,000 | $102,000 |
| 2014 | -- | $121,000 | $19,000 | $102,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2016
Non Non Member-MLS
Non-Member MLS
Map
Source: OneKey® MLS
MLS Number: KEY4513103
APN: 1700-122.28-1-3
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2026 OneKey® MLS. All rights reserved.
Based on information submitted to the MLS GRID
Nearby Homes
- L9 Crockett Ave
- L10 Forbes Ave
- 1 Crestwood Ave
- 40 Stacey Way
- 52 Vandenburgh Ave
- 38 Stacey Way
- 22 Stacey Way
- 571-573 1st St
- 25 Glenmore Rd
- 556 2nd St
- 2601 Brianna Blvd
- 2102 Brianna Blvd
- 3101 Brianna Blvd
- 2101 Brianna Blvd
- 1002 Brison Ave
- 1001 Brison Ave
- 1E Brison Ave
- 1B Brison Ave
- 1A Brison Ave
- 1D Brison Ave
- 8 Cottage St
- 199 Stowe Ave
- 197 Stowe Ave
- 203 Stowe Ave
- 6 Cottage St
- 14 Cottage St
- 197 Stow Ave
- 197 Stow Ave Unit 2nd fl
- 207 Stowe Ave
- 207 Stow Ave
- 115 Stow Ave
- 211 Stowe Ave
- 211 Stow Ave Unit 2
- 211 Stow Ave
- 115 Stowe Ave
- 22 Crockett Ave Unit 24
- 22 Crockett Ave
- 34 Crockett Ave
- 30 Crockett Ave Unit 32
- 200 Stow Ave
Your Personal Tour Guide
Ask me questions while you tour the home.