115 Melanie Way - Multi-Family FOR SALE


Hyde Park, NY 12538
$789,500 USD
914-474-8146
115 Melanie Way, Hyde Park, NY for Sale
$789,500 USD
Multi-Family - FOR SALE
1/8
null | Request Cap Rate

115 Melanie Way
Hyde Park, NY 12538


HIGHLIGHTS

  • Good potential income if repaired
  • 42 subdividable acres
  • Good privacy

OVERVIEW

Many possibilities for this sprawling multi-family complex on 42 plus rolling acres. Great privacy, convenient location, partial mountain and nature views, two ponds. Keep and update the multifamily units for income and subdivide the remaining acreage, or remake this into your own family compound or estate, or … lot of possible scenarios. Some repairs are needed; property is sold as-is. Mostly forested with some old growth trees, open areas have potential for agricultural use. This was formerly a family care facility, with three main buildings and large workshop garage. Abuts Greenfields Park development with primary access. Secondary access to South Quaker Lane. See attached apartment roster for breakdown and more info on units.

FOR SALE DETAILS

PRICE

$789,500 USD

PRICE/SF

$110 USD /SF

# OF UNITS

9

PRICE/UNIT

$87,722

CAP RATE

Request Cap Rate

% LEASED

60%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

20

LAND DETAILS

LAND ACRES

42.4 AC

LAND SF

1,846,944 SF

ZONING

GB

APN/PARCEL ID

133200-6264-02-590558-0000

ASK ABOUT THIS PROPERTY

Lee RaphaelRiver Realty Services, Inc.More Info
914-474-8146

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Lee RaphaelRiver Realty Services, Inc.More Info
914-474-8146

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.