• MLS® #: 377545
  • 19 W Market St
  • V. Red Hook, New York 12571
  • $11,800,000
  • 4.59 Acres
  • Multi-Family
  • Office: BHHS HUDSON VALLEY PROPERTIES LG
  • Office Phone:
  • Office Phone: () -

Once in a lifetime opportunity to own a large mixed-use portfolio in a lovely historic village in Dutchess County. This charming small town community brings an energetic and vibrant atmosphere blended with a unique historical and quaint feel. The portfolio, assembled over 50 plus years, is comprised of 127 total rentable units. At the core of a friendly and successful community, this is your chance to own a piece of history while fostering future growth. Tremendous potential to grow as this fully rented portfolio has limitless potential. The 127 units are spread over twelve strategically located parcels all zoned General Business in the heart of the village. With new municipal sewer facilities underway in the village, the portfolio also offers even greater potential for more development. The 127 Units are broken down as follows: 41 Commercial (retail/office), 71 Residential (47 1-bedroom, 18 2-bedroom, 6 studio) 15 Garage units. 100% occupied. Gross Operating Income of $1,248,576.

Essential Information

  • MLS® #377545
  • Price$11,800,000
  • Acres4.59
  • Year Built1913
  • TypeMulti-Family
  • Sub-TypeOther
  • StatusACTIVE

Community Information

  • Address19 W Market St
  • AreaDUTCHESS COUNTY
  • CityV. Red Hook
  • CountyDutchess County
  • StateNew York
  • Zip Code12571

Amenities

  • ParkingOff Street

Interior

  • CoolingCentral Air, Wall Unit(s)
  • Has BasementYes
  • BasementFull

Interior

Ceramic Tile, Wood, Laminate, Tile, Vinyl, Wall to Wall Carpet

Heating

Forced Air, Gas, Hot Water, Steam

Exterior

  • Exterior FeaturesBarn, Landscaped
  • ConstructionBlock, Brick, Concrete, Stone

Exterior

Aluminum, Brick, Stone, Vinyl, Wood

Roof

Asphalt Shingles, Rubber, Slate

School Information

  • DistrictRed Hook Central
  • ElementaryMill Road - Primary Grades
  • MiddleLinden Avenue Middle School
  • HighRed Hook Senior High School

Additional Information

  • Date ListedJanuary 3rd, 2019
  • Days on Market13
  • ZoningGB
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Coldwell Banker Village Green Realty Ulster Savings This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.

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