1 Bridge Street - Apartments FOR SALE


Downsville, NY 13755
$575,000 USD
914-893-4994
1 Bridge Street, Downsville, NY for Sale
$575,000 USD
Apartments - FOR SALE
1/24
null | 12.42% Cap Rate

1 Bridge Street
Downsville, NY 13755


HIGHLIGHTS

  • No Zoning, Can be used as retail or residential. Unlimited Opportunities!
  • Prime Main Street Exposure in Downtown Downsville
  • Prime River Front Exposure on the Delaware River Headwaters
  • Massive Building with additional two residential structures
  • Current tenants on month to month lease
  • Optional Antique Business & Inventory included in sale

OVERVIEW

JOIN US, SUNDAY, JULY 6TH, FROM 2-3:30 PM: MOTIVATED SELLER, NO ZONING! THREE BUILDINGS & BUSINESS/RENT ROLL INCLUDED. Inviting artists, developers, and big thinkers to unlock their creative potential at this unique property nestled in the heart of Downsville. Prominently located along the pristine headwaters of the Delaware River, this serene property is comprised of three independent structures; a post and beam A-Frame lodge, a historic Victorian two family river front home, and a gigantic domed quonset hut with a rich history from an original movie theater to a well traveled antique store. The property's prime riverfront location grants direct access to the Delaware River, ideal for outdoor enthusiasts. Situated next to a landmarked covered bridge and a charming park, the property exudes small-town appeal and historical significance. Just 15 minutes from Roscoe, and two hours from Manhattan, this versatile property is perfectly suited for artists seeking a live-work space, collectors in need of ample display areas, or entrepreneurs with a unique vision. Don't miss this rare opportunity to own a piece of Downsville's history and create your own legacy in the heart of the Catskills.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$33 USD /SF

# OF UNITS

5

PRICE/UNIT

$115,000

CAP RATE

12.42%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bridge Street Studios

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

NO ZONING

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Owen BollerBoller PropertiesMore Info
914-893-4994

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Owen BollerBoller PropertiesMore Info
914-893-4994

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