19 West Market Street, Red Hook, NY 12571

$11,800,000
104,210
SqFt
List Price
$11,800,000
MLS#
4900221
Status
ACTIVE
Subtype
Commercial
Stories
3.00
Square Footage
104,210
Neighborhood
Red Hook

Property Description

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.

Additional Information

Taxes
$228,142
School District
Red Hook
Sewer
Septic
Parking
Off-Street Parking
Water
Community
Cooling
Central, None, Wall Units
Heating
Base Board, Forced Air, Radiator

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Brian Mossey from BHHS Hudson Valley Properties


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