39-45 Congress St | Troy, NY 12180
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39-45 Congress St
Troy, NY 12180
Multifamily Property For Sale · 64 Units
Executive Summary
Two dormitory buildings built in 1965 and 1967 which are now linked with common utilities and mechanical systems. The buildings have been renovated to include classrooms and offices in the basement and several floors. however there are still 64 dormitory rooms with their own bathrooms. This property is an outstanding candidate for returning to student housing, adaptation to apartments or affordable housing options. The location near Russell Sage College, the County Court and Troy Music Hall is a definite plus.
PROPERTY FACTS Under Contract
| Price Per Unit | $42,969 | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 62,000 SF |
| No. Units | 64 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Opportunity Zone |
Yes
|
| Price Per Unit | $42,969 |
| Sale Type | Investment |
| No. Units | 64 |
| Property Type | Multifamily |
| Property Subtype | |
| Lot Size | 0.29 AC |
| Building Size | 62,000 SF |
| No. Stories | 4 |
| Year Built | 1965 |
| Opportunity Zone |
Yes |
PROPERTY TAXES
| Parcel Number | 1700-101.53-12-11 | Improvements Assessment | $4,710,000 |
| Land Assessment | $150,000 | Total Assessment | $4,860,000 |
PROPERTY TAXES
Parcel Number
1700-101.53-12-11
Land Assessment
$150,000
Improvements Assessment
$4,710,000
Total Assessment
$4,860,000
zoning
| Zoning Code | DMU (Downtown Mixed Use) |
| DMU (Downtown Mixed Use) |
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