$4,728,965
RENTED MAR 14, 2025
-- Bed
1 Bath
500 Sq Ft
$9,458 Price per Sq Ft

About This Home

Public Remarks: Enjoy this studio 2nd floor apartment in the Historic Cannon Building in Troy. Prime downtown Troy location with popular attractions nearby with River and City Views. Building has elevator service and coin operated laundry room, tenant pays for utilities. Cats and small dogs allowed. Security plus 1st months rent required upon signing a minimum of a 12 month lease. Check out parking lot options at https://troyny.gov/202/Municipal-Lots-Garages Garages.No Smoking!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2021
Sold by
Cannon Building Llc
Bought by
5 Broadway Group Llc
Current Estimated Value
$4,728,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,413,201
Outstanding Balance
$1,302,609
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,426,356

Purchase Details

Closed on
Jul 10, 2017
Sold by
Cannon Building-10080848 Ll
Bought by
The Cannon Building Llc

Purchase Details

Closed on
Apr 6, 2016
Sold by
Powhida Esq - Referee Alexander
Bought by
Cannon Building-1000848 and Llc

Purchase Details

Closed on
Jul 1, 2003
Sold by
Cannon Building Of Troy A Ssociates Llc
Bought by
Horowitz Management Of Tr Oy Inc

Purchase Details

Closed on
Oct 20, 1998
Sold by
Cannon Bldg Troy Assoc
Bought by
Cannon Bldg Troy Assoc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
5 Broadway Group Llc $4,050,000 Stewart Title Guaranty Compa
The Cannon Building Llc $2,500,000 Kimberly Salerno
Cannon Building-1000848 $1,900,000 David Hamilton
Horowitz Management Of Tr Oy Inc $1,650,000 E Christopher Murray
Cannon Bldg Troy Assoc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5 Broadway Group Llc $884,000
Open 5 Broadway Group Llc $1,413,201
Closed 5 Broadway Group Llc $491,900
Previous Owner Cannon Building Llc $2,000,000
Previous Owner Hubbell Christopher L $154,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Rented $1,000 0.0% --
03/04/2025 03/04/25 Under Contract -- -- --
02/25/2025 02/25/25 For Rent $1,000 -- --

Tax History Compared to Growth

Source: Public Records

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 $100,093 $2,050,000 $155,000 $1,895,000
2023 $100,122 $2,050,000 $155,000 $1,895,000
2022 $94,991 $2,050,000 $155,000 $1,895,000
2021 $24,689 $2,050,000 $155,000 $1,895,000
2020 $47,212 $2,050,000 $155,000 $1,895,000
2019 $69,747 $2,050,000 $155,000 $1,895,000
2018 $69,747 $2,050,000 $155,000 $1,895,000
2017 $67,463 $2,050,000 $155,000 $1,895,000
2016 $95,095 $2,050,000 $155,000 $1,895,000
2015 -- $2,050,000 $155,000 $1,895,000
2014 -- $2,050,000 $155,000 $1,895,000
Source: Public Records

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