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10-20 Dorm Dr 30 Unit Apartment Building $1,600,000 ($53,333/Unit) Hurleyville, NY 12747
EXECUTIVE SUMMARY
Seriously Cool Investment Opportunity in Falsburgh, NY!
Okay, picture this: you own a little slice of Falsburgh paradise! We're talking a beautiful 2.5-acre property with thirty individual units – think cozy cabins – just waiting for your vision.
This isn't just land; it's a chance to own something really special. Maybe you've always dreamed of running a cute, comfy motel? Or perhaps you're looking for a smart investment that brings in steady income? This place could be perfect for either!
Some of the units are already good to go, ready for guests. Others are a blank canvas – a chance to put your own personal touch on things and create exactly the vibe you want.
What's nearby? Plenty! You're super close to local parks (a quick 5-minute drive!) where you can boat, hike, and just enjoy the gorgeous scenery. Plus, everything Falsburgh has to offer is easily accessible for your future guests.
Falsburgh is really buzzing right now, and this property is right in the heart of it all.
Whether you're a seasoned investor or just starting out, this is a chance to get in on something amazing. Don't let this one slip away!
Want to see it for yourself? Give us a call and let's schedule a tour. Let's chat about how you can turn this property into your dream project.
Okay, picture this: you own a little slice of Falsburgh paradise! We're talking a beautiful 2.5-acre property with thirty individual units – think cozy cabins – just waiting for your vision.
This isn't just land; it's a chance to own something really special. Maybe you've always dreamed of running a cute, comfy motel? Or perhaps you're looking for a smart investment that brings in steady income? This place could be perfect for either!
Some of the units are already good to go, ready for guests. Others are a blank canvas – a chance to put your own personal touch on things and create exactly the vibe you want.
What's nearby? Plenty! You're super close to local parks (a quick 5-minute drive!) where you can boat, hike, and just enjoy the gorgeous scenery. Plus, everything Falsburgh has to offer is easily accessible for your future guests.
Falsburgh is really buzzing right now, and this property is right in the heart of it all.
Whether you're a seasoned investor or just starting out, this is a chance to get in on something amazing. Don't let this one slip away!
Want to see it for yourself? Give us a call and let's schedule a tour. Let's chat about how you can turn this property into your dream project.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,600,000 | Building Class | C |
| Price Per Unit | $53,333 | Lot Size | 2.20 AC |
| Sale Type | Investment | Building Size | 26,553 SF |
| No. Units | 30 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1986 |
| Property Subtype | Apartment | Parking Ratio | 0.75/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | commercial | ||
| Price | $1,600,000 |
| Price Per Unit | $53,333 |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.20 AC |
| Building Size | 26,553 SF |
| No. Stories | 3 |
| Year Built | 1986 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Maintenance on site
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 30 | - | 225 |
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PROPERTY TAXES
| Parcel Number | 482889 17.-1-44.1 | Total Assessment | $275,000 (2024) |
| Land Assessment | $50,000 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $225,000 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
482889 17.-1-44.1
Land Assessment
$50,000 (2024)
Improvements Assessment
$225,000 (2024)
Total Assessment
$275,000 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Presented by
Plexus Realty NY LLC
10-20 Dorm Dr
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