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37199 State Highway 23 5 Unit Apartment Building $525,000 ($105,000/Unit) Grand Gorge, NY 12434
Executive Summary
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.
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.
Property Facts
| Price | $525,000 | Building Class | C |
| Price Per Unit | $105,000 | Lot Size | 0.55 AC |
| Sale Type | Investment | Building Size | 6,559 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2020 |
| Property Subtype | Apartment | Parking Ratio | 1.83/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | multi - multi use. | ||
| Price | $525,000 |
| Price Per Unit | $105,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 6,559 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2020 |
| Parking Ratio | 1.83/1,000 SF |
| Zoning | multi - multi use. |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Property Taxes
| Parcel Number | 124800-091-002-0003-018-000 | Improvements Assessment | $479,400 |
| Land Assessment | $21,600 | Total Assessment | $501,000 |
Property Taxes
Parcel Number
124800-091-002-0003-018-000
Land Assessment
$21,600
Improvements Assessment
$479,400
Total Assessment
$501,000
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37199 State Highway 23
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