- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
$4,149,000
Monthly Est:$20,651
-- Bed
-- Bath
25,519sqft
2920 5th Avenue, Troy, NY 12180
$4,149,000
$20,651/moEst:
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Multi Family
Built in 1920
$-- HOA
0.62 acre lot
$163/sq.ft
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.
- Houzeo last checked: 8 minutes ago
- Listing updated: October 1, 2026 at 1:44 pm
- Listing Provided by: Ryan Mortka (518) 534-3714 DRE #10401319216, Alexander D Buell (518) 376-3338 DRE #10401257330 | Realty One Group Key (518) 630-5360
- Source: Greater Capital Association of Realtors (Global) MLS-NY | MLS#: 202621635
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1920
HOA Fees
-
Finished Area
25,519 sqft
Lot Size
0.62 acre lot
Basement Area
- sqft
MLS Name
Greater Capital Association of Realtors (Global) MLS
MLS Number
202621635
MLS Status
Active
Days on Market
114
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Interior Features
Other, High Speed Internet, Built In Features
Sewer
Public Sewer
Cooling
Wall Unit(s), Other
Heating
Baseboard, Electric, Heat Pump, Other
Construction
Year Built
Year Built: 1920
Home type
Multi Family
Architectural Style
Apartment 4 Plus Unit
Construction Materials
Block, Brick
Roof
Other, Flat
Utilities & Energy
Water Source
Public
Parking Features
Off Street, Paved
Basement
Finished, Full
Utilities
Cable Available
Security Features
Security System Owned
Other Features
Lot Features
Level
Tenant Pays
Other, Heat, Internet, Cable Tv, Central Air, Electricity
Price History
| Date | Event | Price |
|---|---|---|
07/13/2026 Source: | Price Decreased | $4,149,000 -2.38% $163/sqft |
07/13/2026 Source: | Listed for Sale | $4,250,000 $167/sqft |
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Based on information from the Global Multiple Listing Service, Inc. through Nov 04, 2026, 04:30AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Global Multiple Listing Service, Inc. All Rights Reserved.
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