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190 Grandview Apartments Rd
Grand Gorge, NY 12434
Grandiew Apartments · Multifamily Property For Sale · 12 Units

Investment Highlights

  • Off street parking
  • Separate Electric meters
  • newer Roof
  • Brick Exterior
  • Laundry Available
  • newer mechanicals

Executive Summary

The Grandview Twelve: Turnkey Brick Multi-Family on 3.5 Acres
Discover a rare turnkey multi-family asset in the heart of the Catskills. This commanding 11,704 sq. ft. brick apartment building offers the perfect blend of structural integrity, modern updates, and high-yield potential. Situated on a sprawling 3.5-acre lot, this property provides a sense of space and privacy rarely found in multi-unit investments. A timeless, low-maintenance brick exterior ensures durability and aesthetic appeal for years to come. Peace of mind comes standard with a newer roof, significantly reducing near-term capital expenditure. Fully connected to municipal water and sewer. All 12 units feature a highly marketable 2-bedroom, 1-bathroom configuration, catering to the region's strongest rental demographic. Off-street parking lot accommodates 20+ vehicles, a premium feature for tenants and guests. The 3.5-acre parcel offers potential for outdoor tenant amenities, green space, or future site expansion (subject to local zoning). Located in Grand Gorge, minutes from the crossroads of 2 state highways, this property serves as a central hub between the high-demand ski markets of Windham and Hunter and the growing employment centers in Oneonta and Delhi. With over 11,000 square feet of rentable space and a simplified management profile thanks to the uniform unit layouts, 190 Grandview is a powerhouse addition to any portfolio. Whether you are looking for a steady "buy-and-hold" income stream or a value-add play through cosmetic interior updates, this brick-and-mortar staple is built for long-term appreciation. Schedule your private tour today to witness the scale and stability of this Catskill Mountain landmark.

Property Facts

Price Per Unit $104,167
Sale Type Investment
No. Units 12
Property Type Multifamily
Apartment Style Low-Rise
Lot Size 0.94 AC
Building Size 11,705 SF
No. Stories 2
Year Built 1980
Parking Ratio 1.42/1,000 SF
Zoning Multi

Amenities

Unit Amenities

  • Cable Ready
  • Dishwasher
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Tub/Shower
  • Walk-In Closets
  • Wi-Fi
  • Yard
  • Double Pane Windows
  • Lawn
  • Linen Closet

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Storage Space
  • Private Bathroom
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 12 $1,000 925

Property Taxes

Property Taxes

Parcel Number
124800-092-001-0001-004-000
Land Assessment
$41,300
Improvements Assessment
$683,700
Total Assessment
$725,000
  • Listing ID: 40474204

  • Date on Market: 5/10/2026

  • Last Updated:

  • Address: 190 Grandview Apartments Rd, Grand Gorge, NY 12434

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