37199 State Highway 23 - Apartments FOR SALE


Grand Gorge, NY 12434
$525,000 USD
518-734-6600
37199 State Highway 23, Grand Gorge, NY for Sale
$525,000 USD
Apartments - FOR SALE
1/31
null | Request Cap Rate

37199 State Highway 23
Grand Gorge, NY 12434


OVERVIEW

5 Unit Main Street Income Producer Opportunity knocks! Completely and tastefully renovated income producing property. Hardie siding, stone, and timber accents adorn the exterior. Over half an acre of property with frontage on two State Highways with access from both. Parking for 15+ vehicles. The building consists of a residential section housing three second floor 2 bedroom apartments and a first floor 1 bedroom unit. Units have hardwood floors, new cabinetry, fixtures, appliances, energy star baseboard heat, and lighting. Common areas consist of custom wainscotting, new oak stairway, high end vinyl plank flooring, and new lighting. Ground level commercial space has been fully renovated and is finished with high end vinyl plank floors, a propane fireplace with floor to ceiling slate stone facade, tongue and groove pine ceiling in main area and faux copper ceilings in the office area. Kitchen and bath have tiled floors. Commercial space has new high efficiency propane furnace.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

5

PRICE/UNIT

$105,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

multi

APN/PARCEL ID

124800-091-002-0003-018-000

ASK ABOUT THIS PROPERTY

Leonard BellaviaWindstar Realty Group LLCMore Info
518-734-6600

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Leonard BellaviaWindstar Realty Group LLCMore Info
518-734-6600

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