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Arif Baksh

baksharif@gmail.com +1(914) 494-1549

$2,500,000

Est. payment - /mo

1.97 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 947288

Rental Info No

Year Built 1940

Annual Tax Amount $25,989

Lot Size 1.970 Acres

Acres 1.97

Property Sub-Type Multi Family

Source onekey2

Property Description

Exceptional 16-Unit Investment Opportunity in the Village of Catskill, NY! A rare opportunity to acquire a third generation owned diversified 16-unit income-producing property in the heart of the Village of Catskill. This property is 1.97 acres and consists of a permitted 8-unit mobile home park paired with a solid brick 8-unit apartment building rich with historical charm, providing multiple revenue streams and strong tenant appeal. With location being key, it's Ideally located within walking distance to Catskill Commons with Walmart, Lowes, pharmacies, restaurants, and everyday essentials, this property benefits from consistent rental demand and excellent tenant convenience. The central village location supports low vacancy, Low turnover rate and long-term occupancy. Another key component to low turnover rate is how well kept the property is. Many upgrades have been done to the property regarding the utilities, common areas, new units, and newly renovated apartments. The brick apartment building features classic architectural character rarely found in today's market, offering durability, timeless appeal, and strong curb presence. The mobile home park provides stable, affordable housing—an increasingly in-demand asset class with attractive operating margins. On-site laundry services provide another convenient amenity for the tenants. Tenants also enjoy immediate access to everything the Catskill region has to offer, including Hudson River waterfront, boat launches, fishing, and scenic walking paths. Catskill Mountains hiking, skiing, and outdoor recreation. Nearby Hunter and Windham Mountains for four-season activities. Local breweries, restaurants, cafes, and arts scene. Short drive to Hudson, Saugerties, and Hudson. Easy access to Amtrak in Hudson and approximately 2-2.5 hours to NYC. This property presents a compelling opportunity for investors seeking strong cash flow, asset diversification, and long-term appreciation in one of Hudson Valley's most desirable and growing rental markets.

Location

State NY

County Greene County

Rooms

Basement Full

Interior

Heating Baseboard, Natural Gas

Cooling Wall/Window Unit(s)

Flooring Carpet, Ceramic Tile, Vinyl

Fireplace No

Appliance Electric Oven, Electric Range, Refrigerator

Exterior

Parking Features Parking Lot

Utilities Available Cable Connected, Sewer Connected, Water Connected

Total Parking Spaces 20

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Vinyl Siding

Schools

Elementary Schools Catskill Elementary School

Middle Schools Catskill Middle School

High Schools Catskill

School District Catskill

Others

Special Listing Condition None

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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by Century 21 New West Properties • Brian Kozloski

NEARBY SCHOOLS & PROPERTIES

The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

+1(914) 494-1549

baksharif@gmail.com

399 Knollwood Rd, White Plains, NY 10603, USA

147-151 Grandview AVE Catskill, NY 12414