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87 Overlook Estates

Saugerties, NY 12477
  • $3,650,000
  • STATUS: ACTIVE
  • MLS #: 20222041
UPDATED: 31 min ago
$3,650,000
  • 0
    BEDS
  • 2.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1989
County:

School Ratings & Info

School District:

Description

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.

Extras: Buyers must provide proof of funds for Cash purchase or Letter/Email from Commercial lender on buyers bank qualification prior to showing. Please see associated doc's for additional info and income/expense sheet.

Monthly Payment Calculator

© 2022 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2022-08-11T22:18:35.107
www.barbaracarterteam.com/homes/130364326
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87 Overlook Estates Saugerties, NY 12477

  • Price: $3,650,000
  • Status: ACTIVE
  • On Site: Days
  • Updated: 31 min ago
  • MLS #: 20222041
0
Beds
0
Baths
0
½ Baths
2.3
Acres
1989
Built
Neighborhood:
Saugerties-Town
County:
Ulster
Area:
Saugerties-Town
School District:
Saugerties Central Schools
Property Description
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.

Extras: Buyers must provide proof of funds for Cash purchase or Letter/Email from Commercial lender on buyers bank qualification prior to showing. Please see associated doc's for additional info and income/expense sheet.
Exterior Features

Construction Frame/ModFrame/Stick Driveway Blacktop Exterior Features LandscapedOutside Lighting Garage Parking Extras 3 CAR +DRIVEWAYLOT-PAVEDOFF STREETOTHER/SEE REMARKS Garage Type Garage Detached Lot Features LandscapedLevelParking LotSlope-GentlyOther/See Remarks Other Buildings Additional GarageOther/See Remarks Porch DeckOpen Roof Asph Shingle Siding Vinyl Views RiverSeasonal Water Features Walk To BeachWalk To Dock Water Ways Hudson River

Interior Features

Amenities Garden AreaOther/See RemarksPlay Area Appliances DishwasherRangeRefrigerator Attic St/Cr Basement Bilco DoorConcrete FloorCrawlFullOther/See Remarks Cooling Air Conditioning Ceiling FanDuctless Split Ac Units Floors CarpetCeramicHardwood Heat Source CentralDuctless Mini Split Sys Heating Fuel ElectricNatural Gas Hot Water Electric Interior Features Smoke DetectorCarbon Monixide DetectorInsulated DoorsWalk In Closets Kitchen Description Breakfast BarCabinets WoodCountryEat-InIslandPantry Other Rooms Other/See Remarks Plumbing Mixed

Property Features

Annual Income 285600 Annual Net 209301 Annual Taxes 34164 Assessed 1131500 Electricity 100 AMPS200 AMPS Flood Plain No Foreclosure YN No General Tax 13496 Lease Type Month To Month Listing Type Exclusive Right Lot Dimensions 2.3 Acres Lot Site Hamlet/VillageSuburb Monthly Income 23800 Other Income 0 Owner Pays Taxes Owner Pays1 InsuranceMaintenanceRepairsSewerTaxesTrashWater School Tax 20668 Sewer Community Short Sale YN No Style Apt. Complex Tenant Pays All Utilities Tenant Pays1 All UtilitiesElectricGas Total Deposit 0 Total Taxes 34164 Type Multi-Unit Water Community

© 2022 by Hudson Valley Catskill Region MLS.
Listing # 20222041 provided courtesy of Gregory Berardi of Berardi Realty.
© 2022 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2022-08-11T22:18:35.107
 
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Barbara Carter Team | Century 21 Alliance Realty Group
652 Route 299
Highland NY, 12528