23 Maple Rd - Apartments FOR SALE


Cornwall Hudson, NY 12520
$1,798,888 USD
914-200-1515
23 Maple Rd, Cornwall Hudson, NY for Sale
$1,798,888 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

23 Maple Rd
Cornwall Hudson, NY 12520


HIGHLIGHTS

  • Serene Setting
  • Architectural Details
  • In-ground Pool and Tennis Courts
  • Sub-dividable Parcels - Potential of 5 Building Lots

OVERVIEW

Investment and Development Opportunity-- Cornwall on Hudson Compound is an assemblage of three residential buildings on a 10-acre parcel of land along with a separate 5-acre parcel of land ready to develop. “By the Wood” built in 1904 by Elizabeth Stevenson and designed by Barney and Chapman, Architects NYC (famous for numerous designs in NYC and the region, including the current Apple Store, NYC, building). The main house is over 6500 square feet on three levels with a 2-bedroom apartment on the third floor. There is a remodeled cottage for STR or LTR, and a two-family rental (converted stables) with 2-bedroom units with attached garages. The zoning allows for subdivision of the property as well as the current use as a residential rental compound, thus the property can be divided into four parcels at a minimum. Opportunity abounds, as an Owner Occupant with income, or as strictly a Residential Income Producing property, both options allow for further development potential for additional income streams. Located minutes from West Point, Newburgh and Beacon, and just over an hour from New York City, this property could also be used as a family compound or a B and B or a corporate retreat or even as a “Wellness Spa” retreat. Bring your imagination and think of the endless possibilities. Additional details provided upon request.

FOR SALE DETAILS

PRICE

$1,798,888 USD

PRICE/SF

$203 USD /SF

# OF UNITS

5

PRICE/UNIT

$359,778

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1904

PARKING SPACES

8

LAND DETAILS

LAND ACRES

15 AC

LAND SF

653,400 SF

ZONING

CR-2

APN/PARCEL ID

332401-119-000-0001-012.000-0000

ASK ABOUT THIS PROPERTY

Michael TaraboulosChristie's Commercial Real Estate GroupMore Info
914-200-1515

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Michael TaraboulosChristie's Commercial Real Estate GroupMore Info
914-200-1515

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