RENTED MAR 14, 2025

Estimated Value: $5,119,332

2 Beds
1 Bath
950 Sq Ft
$5,389/Sq Ft Est. Value

Highlights

  • River View
  • Property is near public transit
  • Stone Countertops
  • 0.3 Acre Lot
  • Cathedral Ceiling
  • 4-minute walk to Sage Park

About This Home

As of March 2025

Come enjoy this bright and airy 2-bedroom, 1-bath apartment on the 4th floor of the Historic Cannon Building in downtown Troy! This prime location offers stunning, unobstructed views of the Hudson River and Monument Square, with easy access to Troy's most popular attractions. Spacious layout with abundant natural light, laminate flooring throughout, Ceramic tile bathroom, Brand-new windows and HVAC systems. Building comes with Elevator service for convenience, Newly added gym for residents, and Coin-operated laundry on-site. Tenant responsible for utilities, Cats & small dogs allowed w/extra fee Security deposit + first month's rent required upon lease signing, Min.12-month lease. Don't miss out on this fantastic downtown living opportunity with just the right blend of Old & New!

Last Agent to Rent the Property

Kathleen Kosek

Howard Hanna Capital Inc License #10401322439 Listed on: 02/05/2025

Howard Hanna Capital Inc

Last Renter's Agent

Kathleen Kosek

Howard Hanna Capital Inc License #10401322439 Listed on: 02/05/2025

Howard Hanna Capital Inc

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1835 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • Cleared Lot

Property Views

  • River
  • Downtown

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 950 Sq Ft Home
  • Cathedral Ceiling
  • Insulated Windows
  • Rods
  • Living Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Mirrored Closets Doors
  • 1 Full Bathroom
  • Ceramic Tile in Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Location

  • Property is near public transit

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for heat, hot water, internet, cable TV, electricity
  • The owner pays for management, parking fee, sewer, snow removal, trash collection, water, grounds care
  • Assessor Parcel Number 381700 101.53-7-2
  • Seller Concessions Not Offered

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • No Home Owners Association
  • Coin Laundry
  • Building Fire Alarm

Property Details

Home Type

Apartment

Year Built

Built in 1835 | Remodeled

Lot Details

0

Rental Info

  • Tenant Pays: Heat, Hot Water, Internet, Cable TV, Electricity
  • Available Date: 2025-02-07

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Accessibility: Other
  • Year Built: 1835
  • Directions: The Cannon Building in Troy, New York is located on Broadway between First and State streets.
  • Above Grade Finished Sq Ft: 950.0
  • Architectural Style: 4 Level Unit, Apartment Building
  • Lot Size Acres: 0.3
  • Full Bathroom Level: Fourth
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 1
  • Appliances Refrigerators: Yes
  • Flooring:Laminate: Yes
  • Cooling:Central Air: Yes
  • Appliances Microwave: Yes
  • Flooring:Ceramic Tile: Yes
  • Cooling:Ductless2: Yes
  • View:Downtown: Yes
  • Laundry Features:Coin Operated: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Cathedral Ceiling(s), Ceramic Tile Bath
  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Mirrored Closet Door(s)
  • Living Area: 950.0
  • Bedroom Level: Fourth
  • Kitchen Level: Fourth
  • Living Room Level: Fourth
  • Window Features: Curtain Rods, Insulated Windows
  • Bathroom Levels Full Bathroom 1: 4th
  • Owner Pays: Other, Management, Parking Fee, Sewer, Snow Removal, Trash Collection, Water, Grounds Care
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Ceramic Tile Bath: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Kitchen Features:Modern Kitchen2: Yes
  • Kitchen Features:Working Only Kitchen2: Yes
  • Interior Features:Stone Countertops: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Construction Type: Brick
  • View: River, City, Downtown
  • Waterfront Features: Lake/River Across Rd
  • Waterfront: No
  • Property Condition: Updated/Remodeled
  • Window Features:Insulated Windows: Yes
  • Window Features:Curtain Rods: Yes
  • Construction Materials:Brick: Yes
  • View:River: Yes
  • Waterfront Features:LakeRiver Across Rd: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Views: Yes
  • Accessibility Features:Other48: Yes
  • Door Features:Mirrored Closet Door(s): Yes
  • Lot Features:Near Public Transit: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Property Detail:Parking YN: No
  • Parking Features:None11: Yes
  • Owner Pays:Parking Fee2: Yes

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air, Ductless
  • Electric: 200+ Amp Service
  • Heating: Ductless, Electric
  • Laundry Features: Coin Operated
  • Security: Fire Sprinkler System, Smoke Detector(s), Carbon Monoxide Detector(s), Fire Alarm
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Electric: Yes
  • Heating:Ductless: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Troy

Lot Info

  • Land Lease: No
  • Lot Features: Near Public Transit, Views, Cleared
  • Parcel #: 381700 101.53-7-2
  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres

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
$5,119,332

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
$1,285,908
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,833,424

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $1,413,201
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Rented $18,000 +1100.0% --
03/09/2025 03/09/25 Under Contract -- -- --
02/18/2025 02/18/25 Price Changed $1,500 -6.3% $2 / Sq Ft
02/05/2025 02/05/25 For Rent $1,600 -- --
Source: Global MLS

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 $165,598 $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

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202511607

Global MLS

APN: 1700-101.53-7-2