A Rare Commercial Offering in Vibrant Red Hook
- 98,905+/- square feet
- 106 total units
- 72 apartments
- 34 retail
Property Description
Introducing an exceptional investment opportunity in the heart of the Village of Red Hook, NY. This prime property offers 98,905+/- square feet over 11 buildings with 106 total units, comprising 72 thoughtfully designed apartments and 34 retail spaces. Boasting a desirable location in the Red Hook area, this multifamily/mid-rise asset presents a compelling prospect for investors seeking a high-potential opportunity. Encompassing nearly 100,000 square feet, this well-located portfolio has been family-owned since the 1960s, reflecting long-term stewardship and enduring value. Importantly, this is a rare 11-building portfolio sale, providing investors with the opportunity to acquire a concentrated footprint in Dutchess County. The portfolio structure, including 3 of the 4 corners, allows for operational efficiencies, diversified income streams, and long-term strategic repositioning potential. Individual or combined acquisition considerations may be discussed.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $14,675,000 |
| No. of Units: | 106 |
| Opportunity Zone: | No |
| Price per unit: | $138,443 |
| Property Website | Click Here |
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