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Putnam County, NY Apartment Buildings for Sale

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Multifamily Property with Five Dwellings
Updated: Apr 4
Multifamily Property with Five Dwellings

292-300 Croton Falls Road, Carmel, NY 10541

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8,084 sqft 9.77 AC lot
9.77+/- acre property across two tax parcels with five residential dwellings and multiple outbuildings
Total residential area of 6,024 SF across House 1 (1,512 SF), House 2 (878 SF), House 3 (532 SF), House 4 (1,980 SF), and House 5 (1,122 SF)
Two barn structures totaling 2,060 SF +/-, plus a well house and numerous shed structures
Zoned Residential with additional flexibility for investment or owner/user uses
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Mixed-Use Investment Opportunity
Updated: May 8
Mixed-Use Investment Opportunity

529-533 Route 52, Carmel, NY 10512

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Strong in‑place income of approximately $380K annual NOI with potential to reach $490K through rent adjustments.
Residential units trending toward market rents in the ~$2,900+ range, offering near‑term upside.
Units in both buildings are separately metered, allowing for potential reconfiguration.
Stable commercial tenant base and strong frontage along Route 52 provide additional income potential.
Potential for additional income through land lease opportunities.
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Based on your search, we've compiled 3 Potential Opportunities for your consideration. Besides 2 Active listings in Putnam County, NY, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads

Off-Market Properties in Putnam County, NY

Consider similar Off-Market properties in Putnam County, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

420 Clock Tower Cmns Dr
Restaurants

420 Clock Tower Cmns Dr, Brewster, NY 10509

Value Estimation by Request
59,928 sqft 10.00 AC lot
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Putnam County, NY Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Putnam County, NY on our real estate platform. These investment opportunities span a total of 8,084 square feet of properties for sale.

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