2920 5th Avenue, Troy, NY 12180

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New - 11 Hours Ago

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0 Beds 0 Baths 0 Partial Bath 25,519 Sq Ft 0.62 Acres

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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.

2920 5th Avenue | MLS# 202621635

This multi-family property located at 2920 5th Avenue, Troy, NY 12180 is currently listed for sale with an asking price of $4,250,000. 5th Avenue is located within the Troy school district. Search Troy real estate on charlene-strauser.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple

Basement: Yes

Basement: Finished, Full

Cooling: Wall Unit(s), Other

Heating: Baseboard, Electric, Heat Pump, Other

Home Style: Apartment 4 Plus Unit

Lot Size: 0.62 Acres

Roof Type: Other, Flat

Taxes: $16,762

Year Built: 1920

Feature Descriptions

Exterior: Block, Brick

Interior: Other, High Speed Internet, Built-in Features

Lot: Level

Lot Dimensions: 123X180

Parcel #: 381700 90.70-7-1

Parking: Off Street, Paved

Parking Total: 30

Security: Security System Owned

Security: yes

Sewer: Public Sewer

Special View Info: City

SQFT Above Grade Finished: 25519

SQFT Below Grade Finished: 10665

Utilities: Cable Available

Water: Public

Local Schools

School District: Troy

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Estimated Payment

$ 12,095.07 per month $9,458.66 Principal & Interest $1,396.83 Property Tax $1,239.58 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Realty One Group Key
Agency Phone: 1 518-630-5360

Shown By

Agent Name: Charlene Strauser
Agent Phone: (518) 848-7369 Cell
Agency Title: Coldwell Banker Prime Properties

2920 5th Avenue, Troy, NY 12180

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/13/2026. The listing information on this page last changed on 07/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 07/13/2026 2:32:08 PM EST) or Global MLS (last updated Mon 07/13/2026 2:23:48 PM EST) or New York State Alliance MLS (last updated Mon 07/13/2026 2:31:20 PM EST) or Hudson Valley Catskill Region MLS (last updated Mon 07/13/2026 2:31:29 PM EST) or Berkshire MLS (last updated Mon 07/13/2026 2:13:24 PM EST) or OneKey MLS (last updated Mon 07/13/2026 2:26:44 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

C.B. Prime Properties, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated.

Homestead Funding Corp. Company NMLS# 3232. Equal Housing Lender. State Licensing Information

Coldwell Banker®. All rights reserved. The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices. Coldwell Banker Real Estate LLC, fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

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2920 5th Avenue, Troy, NY 12180

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Property Description

2920 5th Avenue | MLS# 202621635

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Property Features

Feature Descriptions

Local Schools

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2920 5th Avenue, Troy, NY 12180

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2920 5th Avenue, Troy, NY 12180

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