Mayor: City-Owned Foreclosed Property Open House Scheduled for August 3rd

Mayor: City-Owned Foreclosed Property Open House Scheduled for August 3rd

TROY, NY (August 1, 2022) – Thirteen city-owned properties will be open for public inspection on Wednesday, August 3rd, part of the city’s annual foreclosed properties open house program. Mayor Patrick Madden today announced the return of the popular program for 2022. The event will be held in two sessions, from 9:00 a.m. until 10:30 a.m., and 11:00 a.m. until 12:30 p.m.

Mayor Madden said, “We’re pleased to again offer interested buyers a chance to explore available city-owned foreclosed properties this August. The sale of these properties helps return inactive buildings to productive use, stabilize neighborhoods, and grow our city’s tax base. We encourage the public to take advantage of this opportunity to view buildings available for purchase in our community.”

The City Assessors’ Office is accepting proposal applications for any of the available properties. Proposals must be delivered by mail to the Office of the City Assessor, 433 River Street, Ste. 5001, Troy New York 12180 by Monday, August 29th, at 4:00 pm. Proposals can also be delivered in-person with the Assessor’s Office during normal business hours, Monday – Friday from 8:30 a.m. – 4:30 p.m. (excluding holidays).

Please note that individuals or entities with outstanding tax liens or open Code Enforcement violations are ineligible to submit bids. Proposals received from those in this category will not be considered.

For more information on the foreclosure sale process and a full list of available foreclosed properties please contact the City Assessor’s office at (518) 279-7126 or visit www.troyny.gov/foreclosures

Open House

City staff will be onsite at each property during the event to provide public access. Attendees are asked to bring a flashlight and wear appropriate footwear. Open-toed shoes, sandals and heels are prohibited.

The foreclosed properties open house schedule is as follows:

9:00 a.m. – 10:30 a.m.
1003 Ninth Avenue
112 M Street
846 Second Avenue
774 Third Avenue
32 116th Street
11 101st Street
10 Stannard Avenue

11:00 a.m. – 12:30 p.m.
2528 Fifth Avenue
212 Fourth Street
454 Hoosick Street
31 Tyler Street
94 Campbell Avenue
761.5 Pawling Avenue

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Press Contact:
John Salka, Communications Director
[email protected] / (518) 279-7131

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