Listing Detail #152201 — Commercial

Summary

Listing Price: $715,000

Address26 W Bridge Street, Catskill, NY 12414
Bedrooms7
Bathrooms7 (7 full)
Year Built1900
Square Feet5700
Lot Size0 acres
Invest in Catskill's Future: Exclusive 7-Unit Development OpportunityStep into a unique investment in the dynamic heart of Catskill with this exclusive 7-unit mixed-use project, offering an ideal blend of residential and commercial potential. This development strikes the perfect balance, featuring six apartments alongside a compelling retail/cafe space, positioned for maximum marketability and profitability.Highlights:Diverse Income Streams: Includes five 1-bedroom units and a spacious 2-bedroom apartment, plus a retail/cafe space for a commercial venture.Efficient Design: Each apartment is crafted for optimal living space with minimal maintenance needs, ensuring a high-quality tenant experience.Advanced Upgrades: Benefit from substantial updates like two new roofs, brand new plumbing and electrical systems, energy-efficient windows, and contemporary kitchens and bathrooms, laying the foundation for a high-value property.Self-Sustaining Units: The design allows for tenants to cover their own heat, electric, and hot water, reducing overhead and enhancing profitability.Projected Financials: Anticipate a strong NOI of $100,000 after completion, marking this project as a standout investment opportunity.This development not only represents a significant investment opportunity but also a chance to shape the fabric of Catskill with your vision. The groundwork has been laid, now it's time for you to finish the story.Experience the Potential Firsthand:Words only capture so much. To fully appreciate the scope and potential of this opportunity, seeing it in person is a must. This is more than an investment; it's a chance to leave a mark on Catskill's future.Act Now:Opportunities like this don't come often. Whether you're looking to expand your portfolio or make a distinctive mark in the real estate world, this Catskill development project is your canvas.

Contact Information

Gregory M. Kardos — Barns & Farms Realty, LLC

Office Phone(518) 392-6400
Office Address2 Main Street, Chatham 12037

General Information

Electric Included200 Amps
Bathrooms7 full bathrooms
Lot Size0.06
Paved StreetYes
School DistrictCatskill
AreaCatskill — Greene County
Flood ZoneUnknown

Property Features

RoofAsphalt,New
WindowsDouble Hung
Restrooms0.00
ConstructionBrick,Frame,Post & Beam
FoundationBrick/Mortar

Public Records

School Tax$5,290
Town Tax$1,756
Village Tax$1,900
Assessment$158,200
Tax ExemptionsNo

Utilities

WaterMunicipal
SewerMunicipal
Electric200 Amps
Heater TypeBase Board,Electric
Water HeaterElectric

Directions

26 W Bridge St.