Share this with your friends
+15184242382
Leibowitz Real Estate LLC
2920 5th Avenue, Troy, NY 12180
- $4,149,000
- 25,519
- SqFt
- List Price
- $4,149,000
- Status
- ACTIVE
- Days on Market
- 112
- Price Change
- ▼ $101,000 1790880575
- MLS#
- 202621635
- Subtype
- MultiFamily
- Style
- Apartment 4 Plus Unit
- Year Built
- 1920
- Living Area
- 25,519
- Lot Size
- 27,007
- Acres
- 0.62
- Subdivision
- Select One
Property Description
Exceptional opportunity to acquire School One Lofts, a fully occupied 29-unit multifamily asset featuring approximately $3.1 million of assumable Fannie Mae financing at 5.23% and a long-term PILOT tax agreement through 2037. Originally converted from a historic school, the property offers spacious loft-style residences with oversized windows, original hardwood flooring, granite countertops, stainless steel appliances and in-unit laundry. Residents enjoy on-site parking and ''All-In Living'' package, which combines fiber internet, cable, electricity, heating, air conditioning and hot water into one monthly payment. Proven rental history, attractive in-place cash flow and operational upside through improved management efficiencies make this a strong investment opportunity.
Additional Information
- Interior Features
- High Speed Internet, Other, Built-in Features
- Taxes
- $16,762
- Property Description
- Apartment 4 Plus Unit
- Heating
- Other, Electric, Baseboard, Heat Pump
- Air Conditioning
- Wall Unit(s), Other
- Exterior Construction
- Block, Brick
- Roof
- Other, Flat
- Parking Features
- Off Street, Paved
- School District
- Troy
- View
- City
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of listing agent Ryan Mortka with Realty One Group Key Brokerage, 518-534-3714.
©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated