Scism House

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Address: Scism House
New York & Tri-State + Apartment Buildings
Created date: May 12, 2026
Date last updated: September 3, 2026
Price: $995,000Investment Analyzer NEW!
  • 5,165 SF building
  • 5 units
  • Built in 1935
  • Victorian-style architecture with strong curb appeal
  • Opportunity for operational optimization and rent growth potential
  • 100% occupancy

Property Description

For investors, 7540 N. Broadway represents an opportunity to acquire a stabilized multifamily asset in a market with historically strong occupancy and long-term appreciation fundamentals. The property is walking distance to local retail, dining, and service establishments, enhancing tenant appeal and supporting long-term occupancy stability. Red Hook’s limited multifamily inventory and strong community profile—bolstered by proximity to Bard College—continue to drive steady rental demand. 7540 N. Broadway 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 allows for operational efficiencies, diversified income streams, and long-term strategic repositioning potential. Individual or combined acquisition considerations may be discussed.
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Broker Details

Joseph Deegan, CCIM
Joseph Deegan, CCIM

SVN | Deegan-Collins Commercial Realty 845-339-9100

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Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $995,000
No. of Units: 5
Year Built: 1935
Opportunity Zone: No
Price per unit: $199,000
Property Website Click Here
Address: Scism House, (Map #4) Red Hook, NY 12571, USA
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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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