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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. Most rents are well below market value, and month to month rental agreements. Please see associated doc's for additional information, current rents and pro-forma rents at fair market rate. All residential units have thier owner water meter so there is a potential to have the tenants pay for thier own water ussage and eliminate that expense.
More Info
Basic Information
- Acreage2.3
- List Price$3,650,000
- MLS Number20232628
- MlsStatusACTIVE
- Property TypeMulti-Unit
- SewerCOMMUNITY, MUNICIPAL
- StyleAPT. COMPLEX
- Units18
- Year Built1989
Interior
- AmenitiesGARDEN AREA, PLAY AREA, OTHER/SEE REMARKS
- Fireplace DescriptionNONE
- FloorsCARPET, CERAMIC, HARDWOOD
- Other RoomsOTHER/SEE REMARKS
Legal
- Annual Expenses$72,275
- ForeclosureNo
- General Tax$12,987
- School Tax$19,849
- Total Taxes32836
Location
- Address87 Overlook Estates
- Area TownSaugerties-town
- Building Number87
- Elementary SchoolRICCARDI K-6
- High School DistrictSaugerties Central Schools
- StateNY
- StreetOverlook Estates
- TownSaugerties
- Zip12477
- ZoneHDR
Utilities
- Cooling Air ConditioningCEILING FAN, DUCTLESS SPLIT AC UNITS
- Heat SourceBASEBOARD, CENTRAL, HOT WATER, 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, PANORAMIC, RIVER
- View Count5
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, Garden, Water View
Water Body
- Lfd WaterCOMMUNITY, MUNICIPAL
- Water FeaturesWALK TO DOCK, WALK TO BEACH
- WaterwaysHUDSON RIVER
20232628
Saugerties, NY Demographics
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20232628
Saugerties, NY Real Estate Market Data
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20232628
Saugerties, NY Schools
| School Name | Distance | Type | Grades |
|---|---|---|---|