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48 Loomis Village Rd 7 Unit Apartment Building $1,150,000 ($164,286/Unit) Liberty, NY 12754
Investment Highlights
- Lots of natural light
- Secluded property with easy access to main roads
Executive Summary
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!
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!
Property Facts
| Price | $1,150,000 | Lot Size | 1.61 AC |
| Price Per Unit | $164,286 | Building Size | 10,054 SF |
| Sale Type | Investment | Average Occupancy | 89% |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | Parking Ratio | 0.89/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R1 | ||
| Price | $1,150,000 |
| Price Per Unit | $164,286 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.61 AC |
| Building Size | 10,054 SF |
| Average Occupancy | 89% |
| No. Stories | 3 |
| Year Built | 1920 |
| Parking Ratio | 0.89/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R1 |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 900 - 1,000 |
| 2+1 | 2 | - | 1,200 - 2,000 |
| 2+1.5 | 1 | - | 1,200 |
| 2+2.5 | 1 | - | 2,000 |
| 3+1.5 | 1 | - | 1,600 |
1 1
Property Taxes
| Parcel Number | 3689-035-D-0002-002-002 | Improvements Assessment | $112,000 |
| Land Assessment | $14,900 | Total Assessment | $126,900 |
Property Taxes
Parcel Number
3689-035-D-0002-002-002
Land Assessment
$14,900
Improvements Assessment
$112,000
Total Assessment
$126,900
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48 Loomis Village Rd
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