J
Seller's Agent in 2020
John DiBlasi
Exit Realty Empire Associates
150 4th St Troy, NY 12180
Downtown Troy NeighborhoodEstimated Value: $1,661,805
16
Beds
8
Baths
9,142
Sq Ft
$182/Sq Ft
Est. Value
Highlights
- Active Adult
- No HOA
- Hot Water Heating System
- Wood Flooring
- Zoned Heating
- 1-minute walk to Prospect Park
About This Home
As of November 20208.9 cap rate 16 unit brick multi-use building offering gross rents of $173,400. In prime Downtown Troy location close to professional buildings, restaurants, stores, and easy commute to both RPI and HVCC. Featuring 14 very well-maintained 1BR apartments boasting high ceilings, open layouts, and tall windows to let in the natural light. The 14 apts are above 2 commercial store fronts - currently used as a laundromat, and as an office. Office can easily be converted to a store with large window overlooking popular location. Store fronts share a 1/2 bath in common area under the staircase. Separate utilities with 16 new electric meters supporting the 14 apartments' electric baseboard heat; 16 hot water tanks. The laundromat pays 1/4 of the water bill. 100% occupancy! Leased thru 8/20. Excellent Condition
Last Agent to Sell the Property
John DiBlasi
Exit Realty Empire Associates Listed on: 08/25/2020
Last Buyer's Agent
non-member non member
NON MLS OFFICE
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,014
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 30x95
Home Design
- Brick Exterior Construction
- Built-Up Roof
- Rubber Roof
Interior Spaces
- 9,142 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
- Ceramic Tile
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Natural Gas
- Hot Water Heating System
- Electric Baseboard Heater
Community Details
- Active Adult
- No Home Owners Association
- 16 Units
Listing and Financial Details
- Tenant pays for hot water, heat, internet, cable TV, electricity
- The owner pays for trash collection, snow removal
- Legal Lot and Block 20 / 7
- Assessor Parcel Number 381700 101.61-7-20
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2020
Closed on
Nov 19, 2020
Sold by
Bought by
Seller's Agent
John DiBlasi
Exit Realty Empire Associates
Buyer's Agent
non-member non member
NON MLS OFFICE
List Price
$1,588,888
Sold Price
$1,200,000
Premium/Discount to List
-$388,888
-24.48%
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
$461,805
Avg. Annual Appreciation
5.67%
Original Mortgage
$980,000
Interest Rate
0.028%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 9, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,761
Interest Rate
0.0594%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,200,000 | None Available | ||
| -- | David Green |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $145,000 | ||
| Closed | $980,000 | ||
| Closed | $224,000 | ||
| Closed | $425,761 | ||
| Closed | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/23/2020 11/23/20 | Sold | $1,200,000 | -24.5% | $131 / Sq Ft |
| 09/23/2020 09/23/20 | Pending | -- | -- | -- |
| 08/24/2020 08/24/20 | For Sale | $1,588,888 | -- | $174 / Sq Ft |
Source: Global MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $17,280 | $350,000 | $19,000 | $331,000 |
| 2024 | $17,280 | $350,000 | $19,000 | $331,000 |
| 2023 | $24,263 | $350,000 | $19,000 | $331,000 |
| 2022 | $16,960 | $350,000 | $19,000 | $331,000 |
| 2021 | $4,957 | $350,000 | $19,000 | $331,000 |
| 2020 | $8,061 | $350,000 | $19,000 | $331,000 |
| 2019 | $11,572 | $350,000 | $19,000 | $331,000 |
| 2018 | $11,572 | $350,000 | $19,000 | $331,000 |
| 2017 | $11,518 | $350,000 | $19,000 | $331,000 |
| 2016 | $15,305 | $350,000 | $19,000 | $331,000 |
| 2015 | $7,414 | $350,000 | $19,000 | $331,000 |
| 2014 | $7,414 | $350,000 | $19,000 | $331,000 |
Source: Public Records
Agents Affiliated with this Home
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-
n
Buyer's Agent in 2020
non-member non member
NON MLS OFFICE
Map
Source: Global MLS
MLS Number: 202026365
APN: 1700-101.61-7-20
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