$546,525*
●
Multifamily -
Off Market
1019 Albany Post Road
Gardiner, NY 12525
Studio
2 Baths
$360,000 - $438,000
Reference Base Price*
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
This special home from 1900 offers a unique opportunity for an
investor or anyone who wants to spend all or part of their time in
this area while offseting their costs with significant rental
income OR dedicating one floor to home offices, guest space, etc.
Fully renovated multi-family properties with a ton of
character PLUS easy access to nature, public transport to/from NYC,
and ALL of the reasons people love to spend time in this area are a
total rarity. Located under 15 minutes from New Paltz,
Gardiner, Minnewaska State Park, the Mohonk Preserve - and just a
short distance more to Kerhonkson, Accord, Kingston, High Falls,
Rosendale, and Stone Ridge - the home easily attracts visitors
coming to the region for all kinds of reasons, including weddings,
SUNY New Paltz, and more. You can even go just around the corner to
the Tuthilltown Distillery for tours or tastings! The current
owners split their time between NYC and would rent out one or,
occasionally, both apartments when they weren't using them. They
renovated the entire building with a new septic system, plumbing,
electric, kitchens, bathrooms, skylight, porch, and interior and
exterior painting - and would consider selling the home entirely
furnished (to be discussed after contract). The backyard has a
small fence to give privacy and outdoor access for each unit.
The projected gross income for a full-time Airbnb with 75%
occupancy would be close to $100,000, but for a long-term
unfurnished rental (which are in very short supply at the moment!),
it would still be half that amount - and with fewer costs and
maintenance. Happy to provide more information regarding income and
expenses to any interested parties! Financial projections below are
for long-term unfurnished rental.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1900
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 19, 2020 | Sold to Gregory A Samek, Mandi Nyam... | $399,999 | |
Sold to Gregory A Samek, Mandi Nyam... | |||
Aug 15, 2020 | No longer available | - | |
No longer available | |||
Aug 7, 2020 | Listed | $399,000 | |
Listed | |||
Jul 3, 2017 | Sold to Raquel Kahmar, Todd E Baker | $240,000 | |
Sold to Raquel Kahmar, Todd E Baker |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/07/2020
|
|
Studio
|
2 Bath
|
-
|
$399,000
Studio
2 Bath
|
-
-
|
-
|
Megan Brenn-White
Keller Williams Hudson Valley
|