This property is Off-Market

30 Black Creek Road
Esopus, NY 12429 ·

54 Units · Multifamily For Sale

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Black Creek Apartments

Price N/A Property Sub-type Garden/Low-Rise
No. Units 54 Property Use Type Investment
Building Size 40,310 SF Cap Rate 7.35%
Property Type Multifamily
Listing ID: 18104963 Date Created: 04/01/2013 Last Updated: 10/12/2013

Description

The subject property consists of three apartment buildings, each 18 units for a total of 54 units and 40,310 square feet.

Recent Capital Improvements:

-Entire septic system overhauled, installed new tubing, piping and tanks for leech field at a cost of $50,000.

-Replaced main water line into building.

-Replaced all hot water heaters and appliances on recent tenant rollovers.

-Replaced electrical panels.

-All new siding installed on Building J & Building H.

-Newly installed coin operated machines in laundry room.

The property is located on Black Creek Landing and is generally delineated by Old Post Road to the north, US Route 9W to the east, Black Creek to the south, and a railroad line to the west. Black Creek Apartments were built in 1982. It is located only a few minutes away from Route 9W. Its proximity to Route 9W allows for quick and easy access to many restaurants, bars, movie theatres, shopping centers, and pharmacies. It is less than a two hour drive from New York City.

Research

30 Black Creek Road, Esopus, NY 12429 (Ulster County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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