39-45 Congress St - Dormitory FOR SALE


Troy, NY 12180- Downtown Troy
$2,750,000 USD
518-858-4719
39-45 Congress St, Troy, NY for Sale
$2,750,000 USD
Dormitory - FOR SALE
1/3
null | Request Cap Rate

39-45 Congress St
Troy, NY 12180
Downtown Troy


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$44 USD /SF

# OF UNITS

64

PRICE/UNIT

$42,969

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Dormitory

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,743 SF

ZONING

DMU

APN/PARCEL ID

1700-101.53-12-11

ASK ABOUT THIS PROPERTY

Karen Zalewski-WildzunasBerkshire Hathaway HomeServices Blake, REALTORSMore Info
518-858-4719

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Karen Zalewski-WildzunasBerkshire Hathaway HomeServices Blake, REALTORSMore Info
518-858-4719

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.