48 Loomis Village Rd - Apartments FOR SALE


Liberty, NY 12754
$1,150,000 USD
48 Loomis Village Rd, Liberty, NY for Sale
$1,150,000 USD
Apartments - FOR SALE
1/42
null | Request Cap Rate

48 Loomis Village Rd
Liberty, NY 12754


HIGHLIGHTS

  • Lots of natural light
  • Secluded property with easy access to main roads

OVERVIEW

A Fortress of Possibilities – Historic Construction, Modern Income, Rare Opportunity Step into a one-of-a-kind investment opportunity in the heart of Liberty, NY — a massive, commercial-grade structure that defies the ordinary. Originally built in the early 1900s as a wellness facility, this solid concrete and stucco fortress is the kind of building you can’t build today — and likely never will again at this price point. Spanning over 13 bedrooms and 8 full baths across 7 well-maintained units, this property is nearly fully occupied with long-term tenants, producing stable rental income from day one. But its real value lies in its potential: transform it into a private family compound, an exclusive retreat, a co-living space, an artist residency, an institutional or creative campus. With a layout and scale rarely found in residential zones, the options are limited only by your imagination. Tucked unexpectedly in a quiet residential neighborhood, this property offers unmatched privacy, just minutes from downtown and mere steps from elite estates. For the right buyer, this “misplaced” building becomes a strategic advantage, offering grand scale without prying eyes. Extras include a massive 25-car parking lot, a 50x60’ vegetable garden, shared laundry, a walk-out basement with wine cellar, and a newer roof. The stucco exterior stands strong, echoing the kind of craftsmanship and integrity that's nearly impossible to replicate today. Whether you’re an investor seeking high ROI, a visionary organization, or simply someone looking for a compound with history and backbone, this is your chance to own a rare piece of upstate New York real estate. This is a legacy property!

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

7

PRICE/UNIT

$164,286

CAP RATE

Request Cap Rate

% LEASED

89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

9

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

R1

APN/PARCEL ID

3689-035-D-0002-002-002

ASK ABOUT THIS PROPERTY

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