Northeast Corner
- 47180+/- square feet
- 30 commercial and 16 residential units
- .85 Acre
- On-Site Parking
- Six property offering
- Stable market, low tenant turnover
Property Description
An exceptional opportunity to acquire a six-building investment portfolio in the heart of Red Hook, NY, one of the Hudson Valley’s most desirable and supply-constrained rental markets. This portfolio offers investors a diversified mix of residential and commercial assets located within and around the historic Village of Red Hook, providing stable income with long-term upside potential. Encompassing over 47,000 square feet, this well-located portfolio has been family-owned since the 1960s, reflecting long-term stewardship and enduring value. Importantly, this portfolio is being offered as part of 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: | $5,995,000 |
| No. of Units: | 46 |
| Lot Size: | 0.85 Acres |
| Opportunity Zone: | No |
| Price per unit: | $130,326 |
| Property Website | Click Here |
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