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$4,250,000
58 Days On Site

2920 5th Avenue
Troy, NY 12180

For Sale|Multi Family|Active
0
Beds
0
Total Baths
25,519
SqFt
$167
/SqFt
1920
Built
County:
Rensselaer
Listing courtesy of Ryan Mortka of Realty One Group Key
Call Now: (518) 512-7784
Is this the listing for you? We can help make it yours.
(518) 512-7784
2920 5th Avenue2920 5th Avenue2920 5th Avenue2920 5th Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$19,390
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$4,250,000
Days On Site 
58 Days
Bedrooms 
N/A
Inside Area (SqFt) 
25,519 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.62 Acres
Year Built 
1920
MLS® Number 
202621635
Status 
Active
Property Tax 
$16,762
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.62
Parking 
Off StreetPaved
Parking Spaces 
30
Property Sub Type 
Multi Family
Security 
Security System Owned
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
25519
SqFt Below 
10665
Style 
Apartment 4 Plus Unit
Utilities 
Cable AvailableSewer Connected
Water Source 
Public
Interior Features
Basement 
FinishedFull
Cooling 
Wall Unit(s)Other
Heating 
BaseboardElectricHeat PumpOther
Interior 
OtherHigh Speed InternetBuilt-in Features
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Exterior Features
Construction Details 
BlockBrick
Lot Features 
Level
Roof 
OtherFlat
View 
City
Waterview 
City
Community Features
School District 
Troy
Schools
School District
Troy
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Ryan Mortka of Realty One Group Key



Listing information is provided by Participants of the Global MLS. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Copyright 2026, Global MLS.
Last checked: 2026-09-09 09:13 PM UTC

Neighborhood & Commute
Source: Walkscore
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