5759 Highway 23A

Tannersville, NY 12485

$875,000
Price
Beds
11
Baths
7,200 Sq. Ft.
$122 / Sq. Ft.
7,200
Sq. Ft.
$122
per Sq. Ft.

Description

Introducing a remarkable investment opportunity nestled within the scenic surroundings of Tannersville, NY. This property boasts 9 apartments and 2 commercial office spaces, spread over a .93-acre parcel. Located a mere 3 miles from the thrilling slopes of Hunter Mountain Ski Resort and 2 miles from the serene beaches and trails of North/South Lake, this property promises a unique blend of serene living and outdoor adventure. Offering an attractive proposition for investors, this property generates...Introducing a remarkable investment opportunity nestled within the scenic surroundings of Tannersville, NY. This property boasts 9 apartments and 2 commercial office spaces, spread over a .93-acre parcel. Located a mere 3 miles from the thrilling slopes of Hunter Mountain Ski Resort and 2 miles from the serene beaches and trails of North/South Lake, this property promises a unique blend of serene living and outdoor adventure. Offering an attractive proposition for investors, this property generates considerable rental income with a strong history of full occupancy. Annual income is $102,120, expenses are approximately $42,118 with a $60,002 annual profit. The diverse array of living spaces includes studios, one-bedroom units, and exclusive units featuring lofts, with rental rates ranging from $750 to $925 per month. In addition to the residential units, the two office spaces have potential to yield $500 per month A lasting testament to its appeal is the current ownership stretching over 35 years, during which it has attracted and retained responsible tenants. Conveniently located just 2 hours from NYC, this property stands out as a gateway to the plethora of leisure activities the area has to offer, including skiing at Hunter and Windham Mountains, hiking at Katterskill Falls, and several nearby golf courses. With such a diverse range of attractions, this investment opportunity is poised to attract a steady stream of tenants year-round. View at https://www.youtube.com/watch? v=u3Iydnq2LKc (Youtube video is dated 2013 and was created by the owner/seller). Photos provided in this listing are owned by the seller. The photos have been taken over the years.
  1. Listed by Regina Tortorella • Coldwell Banker Village Green
  2. Listed by Aaron Perer • Coldwell Banker Village Green

Amenities

  • Range

Location

Listing Courtesy of Coldwell Banker Village Green
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LISTING UPDATED: 05/08/2024 02:09 PM

Property Details for 5759 Highway 23A

StatusActive
MLS #152566
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Multi Family
Year Built1960
Lot Size0.93 AC / 40,510 SF
CountyGreene County

Location

Listing Courtesy of Coldwell Banker Village Green
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Building Information for 5759 Highway 23A

Stories-Residences9Year Built1960Building Size-Lot Size0.93 AC / 40,510 SF

Payment Calculator

$4,775 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5759 Highway 23A

Summary
Location and General Information
  • Town/City: Tannersville
  • ZIP: 12485
  • County: Greene
  • State: NY
  • Flood Zone: Unknown
  • Directions: Route 23A Tannersville. Building is across from the town's munipal building and police department.
  • Area: Hunter
Taxes and HOA Information
  • Assessment: 141700
  • Association: Columbia County & Northern Dutchess MLS
  • Town Tax: $2,928
  • Tax Map ID: 182.00-1-5.11
  • Tax Exemptions: Yes
  • School Tax: $3,163
School Information
  • School District: Hunter Tannersville
Owner
  • Owner Name: Vanucchi
Property
Lot Information
  • Square Footage: 7200.0
  • Acres: 0.93
  • Lot Square Footage: 40511.0
  • Lot Measurement: Acres
Property and Assessments
  • Year Built: 1960
  • Picture Count: 51
  • Board Loaded: No
  • Property Disclaimer: Information not guaranteed.
  • Sign on Property: Yes
  • Signed Led Paint Disclosure: Yes
  • Condition: Average
  • Construction: Frame
  • FIPS Code: 39
Utilities
  • Water: Municipal
  • Sewer: Municipal
  • Electric: 150 Amps
Interior and Exterior Features
Interior Features
  • Foundation: Slab
  • Basement: Slab
  • # of Heaters: 2
  • # of Meters: 4
  • Water Heater: Electric
  • Windows: Crankout
  • Heat Type: Electric
Exterior Features
  • Paved Street: Yes
  • Roof: Asphalt, Shingle
  • Siding: Stucco, Wood
Room Information
Bathrooms
  • Bathrooms: 11
  • Full Bathrooms: 11
Multi Family
Multi-Family Information
  • # of Units: 9
  • Inc/Exp State Available: Yes
Rental
Rent Information
  • Lease Type: Net

Public Records for 5759 Highway 23A

Taxable ValueLand$15,100Additions$126,600Total$141,700
Home Facts
Total Finished SqFt7,560 SqFtAbove Grade Finished SqFt5,292 SqFtFinished Basement SqFt2,268 SqFtStories3Lot Size40,511 SqFtStyleOffice BuildingYear Built1960Zoning01 - NOT ZONECountyGREENEAPN193689 182.00-1-5.11

Schools near 5759 Highway 23A

This home is within Hunter-Tannersville Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Hunter Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5759 Highway 23A is a multi-family home for sale in Tannersville, NY 12485. This property was listed for sale on May 6, 2024 by Coldwell Banker Village Green, it's currently listed at $875,000. This listing's school district is Hunter-Tannersville Central School District. Nearby schools include Hunter Elementary School and Hunter Tannersville Middle School High School. 5759 Highway 23A is a 0-bed, 11-bath, 7,200 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Village Green

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale or lease on this webpage comes from the the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS. Real estate listings held by brokerage firms other than Compass are marked with a OneKey® MLS, Columbia Greene Northern Dutchess MLS, or Ulster County Board of REALTORS Logo. Use of these search facilities other than by a consumer seeking to purchase or lease real estate is prohibited. The accuracy of all information is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Information Copyright 2024, OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS. All rights reserved. Data last updated: 05/08/2024 02:09 PM