19 W MARKET ST $11,800,000

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    19 W MARKET ST V. Red Hook, NY 12571

    • 0 Beds
    • 0 Baths
    • 1 sq.ft.
    • Multi-Family
    MLS# 377545 | CONTINUE SHOWING

    $11,800,000

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    Days On Market: 164 13 Views
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    Property Details

    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.

    • General Features
      • Acceptable Financing Cash, Conventional, Private
      • Acreage 4.59
      • Post Office RED HOOK
      • Tax Amount $6
      • Tax Exemptions None
      • Township V. Red Hook
    • Building Features
      • Heating Forced Air, Gas, Hot Water, Steam
      • Cooling Central Air, Wall Unit(s)
      • Roofing Asphalt Shingles, Rubber, Slate
      • Flooring Ceramic Tile, Laminate, Tile, Vinyl, Wood, Wall to Wall Carpet
      • Parking/Garage Off Street
      • Construction Block, Brick, Concrete, Stone
      • Basement Full
      • Exterior Aluminum, Brick, Stone, Vinyl, Wood
    • Property Features
      • Exterior Features Barn, Landscaped
      • Water/Sewer City Water, Septic
    • Schools
      • School District Red Hook Central
      • Elementary School Mill Road - Primary Grades
      • Middle School Linden Avenue Middle School
      • High School Red Hook Senior High School

    Contact

    Bonita "Boni" Ritter

    Licensed Real Estate Salesperson

    LaGrange Office

    Cell: 914-456-5837

    Neighborhood

    12571 (V. Red Hook) Demographics

    44Median Age
    171Population Density (per sq. mile)
    53%College Educated
    $69,720 Estimated Median Income
    2,933Estimated Total Home Owners
    1,014Estimated Total Renters
    74% / 26%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    9,931Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $328,750 Median Sales Price
    6 Homes Sold
    37 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $11,800,000
        5/19/2019 10:52:46 AM Status Changed Source New Value: CONTINUE SHOWING
        5/17/2019 9:52:44 AM Status Changed Source New Value: ACTIVE
        3/30/2019 4:52:48 PM Status Changed Source New Value: CONTINUE SHOWING
        1/11/2019 4:52:48 AM Status Changed Source New Value: ACTIVE
        1/3/2019 10:53:00 AM New in Database Source

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          The data relating to real estate for sale or lease on this website comes from the Mid-Hudson Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Hudson Valley Properties are marked with the MHMLS logo and detailed information about them includes the listing broker.
        The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. Copyright 2019 Mid-Hudson Multiple Listing Service, Inc. All rights reserved.

        This data has been updated as of 6/16/2019 10:54:03 AM