27-33 Firehouse Ln - Apartments FOR SALE


Red Hook, NY 12571
$10,500,000 USD
845-417-1670
27-33 Firehouse Ln, Red Hook, NY for Sale
$10,500,000 USD
Apartments - FOR SALE
1/7
null | 5.16% Cap Rate

27-33 Firehouse Ln
Red Hook, NY 12571


HIGHLIGHTS

  • Modern top quality construction very well maintained
  • High demand for rentals and a shortage in the area with significant upside potential in rental rates

OVERVIEW

A modern 36 unit property in Red Hook [Dutchess County 100 miles north of NYC } 100% rented . Built in Phases from 2015 top quality construction grounds are perfect and well maintained .Red Hook is a lovely community family oriented and 3 miles from Rhinebeck . There is very little residential rental housing available and none of this quality . We are always 100% occupied and still get weekly calls from people looking to rent . Located 5 miles from NYS Thruway at Kingston and 5 miles from the Taconic Parkway . A wonderful opportunity for a long term investor. A quality property in a great community with much upside potential. Contact broker for financials. Town house units are 3 bedroom / 2 bath with an attached garage. Nice grounds and sidewalk system that connects to village walk way to shops and restaurants. Red Hook Central school system. Apartments are overtop the commercial spaces four 1 bedroom & four 2 bedroom all have washer and dryer .

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$145 USD /SF

# OF UNITS

36

PRICE/UNIT

$291,667

CAP RATE

5.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2015

PARKING SPACES

60

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

tnd

APN/PARCEL ID

134801-6272-10-348532-0000

ASK ABOUT THIS PROPERTY

Thomas LeGrandLeGrand Real Estate IncMore Info
845-417-1670

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Thomas LeGrandLeGrand Real Estate IncMore Info
845-417-1670

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