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5970 Sentinel Rd
Lake Placid, NY 12946
Four Seasons · Multifamily Property For Sale
·
23 Units
PROPERTY FACTS
| No. Units | 23 | Building Size | 39,099 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1940 |
| Building Class | C | Parking Ratio | 1.82/1,000 SF |
| Lot Size | 1.55 AC | ||
| Zoning | 07 - There is opportunity by-right to add a total of 55 Units ! Any questions please call me Dave Tracy 518-524-7583 Proof of funds before any information | ||
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.55 AC |
| Building Size | 39,099 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 1940 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | 07 - There is opportunity by-right to add a total of 55 Units ! Any questions please call me Dave Tracy 518-524-7583 Proof of funds before any information |
AMENITIES
UNIT AMENITIES
- Views
SITE AMENITIES
- On-Site Retail
ABOUT 5970 SENTINEL RD , LAKE PLACID, NY 12946
Calling all smart investors with vision for future development - this rare offering consists of 3 store fronts, 23 one/two bedroom and studio apartments, the cottage + additional building parcel approved for 18 more apartments in 3 buildings-see Conceptual Site Plan in Documents! Add to this high traffic location with excellent exposure on one of the main entrances to Lake Placid on Rte. 73, and you will agree - the possibilities for commercial/retail/ multifamily/residential expansion/growth are many! Current monthly income is approximately $16,000 (per seller). Use as is or remodel, expand, build new! On Lake Placid free shuttle route, in walking distance to all the main attractions! ***Studios & One bedroom apartments rents are from $525 to $690, the cottage rents for $850 and occupied commercial space rents for $1750 per month as per seller*** Property is located at 5970-76 Sentinel Road. When driving towards ski jumps, Four Seasons Apartments would be on the left - look for the sign
PROPERTY TAXES
| Parcel Number | 154001-042-256-0001-006-000-0000 | Improvements Assessment | $1,114,900 |
| Land Assessment | $306,100 | Total Assessment | $1,421,000 |
PROPERTY TAXES
