NOT LISTED FOR SALE

Estimated Value: $5,119,332

Studio
1 Bath
650 Sq Ft
$7,876/Sq Ft Est. Value

Highlights

  • City View
  • Wood Flooring
  • No HOA
  • Property is near public transit
  • Solid Surface Countertops
  • 4-minute walk to Sage Park

About This Home

As of June 2024

Just painted bright sunlight filled Studio Apartment on the 5th Floor with functional elevators and coin operated washers and dryers in building.

This Studio has all new windows which allows natural sunlight in, beautiful hardwood floors, new electric stove and recently updated bathroom.

Prime location in Troy in Monument Square, near to many of Troy's popular attractions. If you like older buildings, you will absolutely love this historic gem which is listed on the National Registry of Historic places.

Looking for proof of income, references and favorable credit. One month's rent for security and first months rent upon signing lease. Tenants pay heat & Electric. Internet and Trash pickup included. Pets welcomed.

Last Agent to Rent the Property

Kathleen Kosek

Howard Hanna Capital Inc License #10401322439 Listed on: 06/06/2024

Howard Hanna Capital Inc

Last Renter's Agent

Kathleen Kosek

Howard Hanna Capital Inc License #10401322439 Listed on: 06/06/2024

Howard Hanna Capital Inc

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1835 | Remodeled

Lot Details

  • 0.3

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 650 Sq Ft Home
  • Elevator
  • Insulated Windows
  • Living Room
  • City Views

Kitchen

  • Electric Oven
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Cable TV Available

Additional Features

  • Level Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for heat, hot water, cable TV, electricity
  • The owner pays for management, sewer, snow removal, trash collection, water, internet
  • Assessor Parcel Number 381700 101.53-7-2

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • No Home Owners Association
  • Coin Laundry

Property Details

Home Type

Apartment

Year Built

Built in 1835 | Remodeled

Lot Details

0

Rental Info

  • Tenant Pays: Heat, Hot Water, Cable TV, Electricity
  • Available Date: 2024-06-06

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 1835
  • Directions: 5 Broadway - Cannon Building in Troy between First and State St.
  • Above Grade Finished Sq Ft: 650.0
  • Architectural Style: Other, Apartment Building
  • Full Bathroom Level: Fifth
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Appliances Refrigerators: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Laundry Features:Coin Operated: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl, Hardwood
  • Interior Amenities: Solid Surface Counters, Elevator
  • Appliances: Dishwasher, Electric Oven, Oven, Refrigerator
  • Full Bathrooms: 1
  • Living Area: 650.0
  • Kitchen Level: Fifth
  • Living Room Level: Fifth
  • Window Features: Insulated Windows
  • Bathroom Levels Full Bathroom 1: 4th
  • Owner Pays: Management, Sewer, Snow Removal, Trash Collection, Water, Internet
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Interior Features:Elevator: Yes
  • Appliances:Oven: Yes
  • Kitchen Features:Working Only Kitchen2: Yes

Exterior Features

  • Construction Type: Brick
  • Other Structures: None
  • View: City
  • Waterfront Features: Other
  • Waterfront: No
  • Property Condition: Updated/Remodeled
  • Window Features:Insulated Windows: Yes
  • Waterfront Features:Other47: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Near Public Transit: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Cooling: None
  • Electric: 200+ Amp Service
  • Heating: Baseboard, Natural Gas
  • Laundry Features: Coin Operated
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Association Amenities:None27: Yes

Schools

  • Junior High Dist: Troy

Lot Info

  • Land Lease: No
  • Lot Features: Level, Near Public Transit
  • Parcel #: 381700 101.53-7-2

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
06/30/2024 06/30/24 Rented $950 0.0% --
06/13/2024 06/13/24 Under Contract -- -- --
06/06/2024 06/06/24 For Rent $950 -- --
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: 202418787

Global MLS

APN: 1700-101.53-7-2