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Listed by Gregory Berardi, Berardi Realty
Apartment complex is located in the hamlet of Glasco, and along the banks of the Hudson River (about 100 miles +/- 1 hr, 45 min from NYC). This 16 residential unit (2-storey townhouse style) complex has 2 additional commercial rentals (Large & Smaller Garage) for a total of 18-units. The property consists of 6 buildings, most of the buildings were constructed around 1989 and the one 3-unit building (that has a 1 car garage for each unit), was constructed around 2017. Each unit is in Very good condition with excellent paying tenants. All roofs, exteriors and interiors are well kept and are in newer/renovated condition. The property has municipal water, sewer and natural gas. Rents are well below market value, and month to month rental agreements. Please see associated doc's for additional information, projected rents for 2023 and pro-forma rent at more fair market rents.

More Info

Basic Information

  • Acreage2.3
  • List Price$3,650,000
  • MLS Number20222041
  • MlsStatusACTIVE
  • Property TypeMulti-Unit
  • SewerCOMMUNITY
  • StyleAPT. COMPLEX
  • Units18
  • Year Built1989

Interior

  • AmenitiesGARDEN AREA, PLAY AREA, OTHER/SEE REMARKS
  • FloorsCARPET, CERAMIC, HARDWOOD
  • Other RoomsOTHER/SEE REMARKS

Water Body

  • Lfd WaterCOMMUNITY
  • Water FeaturesWALK TO DOCK, WALK TO BEACH
  • WaterwaysHUDSON RIVER

Location

  • Address87 Overlook Estates
  • Area TownSaugerties-town
  • Building Number87
  • Elementary SchoolRICCARDI K-6
  • High School DistrictSaugerties Central Schools
  • StateNY
  • StreetOverlook
  • TownSaugerties
  • Zip12477
  • ZoneHDR

Utilities

  • Cooling Air ConditioningCEILING FAN, DUCTLESS SPLIT AC UNITS
  • Heat SourceCENTRAL, DUCTLESS MINI SPLIT SYS
  • Heating FuelELECTRIC, NATURAL GAS
  • Hot WaterELECTRIC

Other

  • AppliancesDISHWASHER, RANGE, REFRIGERATOR
  • Electricity100 AMPS, 200 AMPS
  • Lot9.21
  • Lot Dimensions2.3 acres
  • Lot FeaturesLANDSCAPED, LEVEL, PARKING LOT, SLOPE-GENTLY, OTHER/SEE REMARKS
  • Lot SiteHAMLET/VILLAGE, SUBURB
  • PlumbingMIXED
  • Short SaleNo
  • ViewsSEASONAL, RIVER
  • View Count29

Building

  • AtticST/CR
  • BasementCRAWL, FULL, OTHER/SEE REMARKS, CONCRETE FLOOR, BILCO DOOR
  • ConstructionFRAME/MOD, FRAME/STICK
  • Garage Capacity4
  • Garage Parking ExtrasDRIVEWAY, LOT-PAVED, OFF STREET, OTHER/SEE REMARKS, 3 CAR +
  • Garage TypeGarage Detached
  • Other BuildingsADDITIONAL GARAGE, OTHER/SEE REMARKS
  • RoofASPH SHINGLE
  • SidingVINYL

Amenities

  • Other AmenitiesBasement, Fireplace, Garden, Water View

Saugerties, NY Demographics

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Saugerties, NY Real Estate Market Data

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Saugerties, NY Schools

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