Auction Sale of Thirteen City-Owned Surplus Parcels
Troy
Description
The city was to authorize selling 13 foreclosed city-owned parcels to auction winners by quit claim deed, 'as is,' with buyers paying all closing costs.
Impact summary
Vacant and foreclosed properties would return to private ownership and the tax rolls, with buyers responsible for all closing costs and taking properties as-is.
Applicant
- Name
- Various bidders including Troy Community Land Bank
- Address
- Various locations incl. 456 Madison St, 605 Third Ave, 745 River St, 21 Spring Ave
At a glance
- Hearings
- 2
- Public comments
- 0
- Total mentions
- 2
Recorded in the meeting · City Council
Discussed at 1 meeting in the last 60 days; most recently Oct 22, 2026.
Meeting timeline (2)
City Council (Regular) - Nov 5, 2026
Thirteen foreclosed city-owned parcels would be sold to winning bidders from a Bureau of Surplus Property auction, including the Troy Community Land Bank's purchase of 21 Spring Ave.
City Council - Oct 22, 2026
The city was to authorize selling 13 foreclosed city-owned parcels to auction winners by quit claim deed, 'as is,' with buyers paying all closing costs.
Related issues (2)
Surplus Property Auction Sales
The city is selling off 13 foreclosed properties — from a $10,000 lot on Hill Street to a Highland Avenue two-family that fetched $151,800. New owners bring the parcels back onto the tax rolls and back into use.
Disposition of foreclosed city-owned properties
Thirteen properties the city took through tax foreclosure would be sold to auction winners, returning them to private hands and the tax rolls. One goes to the Troy Community Land Bank.
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