Legal 7-Unit Multifamily
For Sale
$1,250,000
1030 Route 199, Red Hook, NY 12571
A fully occupied seven-unit multifamily with a strong unit mix and established outdoor amenities for tenant recreation.
Property SizeContact for details
Days on Market59
Property Features for 1030 Route 199
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Additional Details
Business Included
Yes
Fenced Yard
Yes
Multifamily Units
7
Building Details
Year Built
1975
Tenancy
Multi
Listing Agency:
MONDELLO UPSTATE PROPERTIES
(845) 758-5555
Listed By:
CATHERINE MONDELLO
Source:
Corcoran
Added: Jun 8
Changed: Jul 10
Last Checked: Aug 5 at 6:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MONDELLO UPSTATE PROPERTIES
Investment Insights
Based on property information with market context.
This offering is a legal 7-unit multifamily property presented with full occupancy. The unit mix includes one 2-bedroom unit (with 1 full bath), one 1-bedroom unit (with 1 full bath), two 2-bedroom units (each with 1 full bath), two 2-bedroom units (each with 1 full bath), two 1-bedroom units (each with 1 full bath), and one 3-bedroom unit with 1 full bath and an additional half bath. In total, the property provides 13 bedrooms and 7 full baths plus one half bath.
Set on the grounds, the property features a park-like quality with a gazebo and an outdoor track for recreation, and the area is mostly fenced. Several outbuildings are also included, offering additional space for versatile usage and potential supplemental revenue.
For buyers seeking a maintained, income-producing multifamily with multiple unit configurations, this layout offers a practical blend of 1-bedroom through 3-bedroom residences under a single ownership. The property is located at 1030 Route 199 in the Red Hook School District, with convenience to the TSP and the Villages of Red Hook and Rhinebeck within about 10 minutes, supporting tenant lifestyle needs across the surrounding area.
Set on the grounds, the property features a park-like quality with a gazebo and an outdoor track for recreation, and the area is mostly fenced. Several outbuildings are also included, offering additional space for versatile usage and potential supplemental revenue.
For buyers seeking a maintained, income-producing multifamily with multiple unit configurations, this layout offers a practical blend of 1-bedroom through 3-bedroom residences under a single ownership. The property is located at 1030 Route 199 in the Red Hook School District, with convenience to the TSP and the Villages of Red Hook and Rhinebeck within about 10 minutes, supporting tenant lifestyle needs across the surrounding area.
Key Highlights
- Legal 7‑unit multifamily built in 1975, fully occupied
- Unit mix: five 2‑bedroom units, two 1‑bedroom units, and one 3‑bedroom unit
- Totals include 13 bedrooms and 7.5 bathrooms across all units
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 12571, NY
9,600
Population
4,454
Households
2.2
Avg Household Size
47
Median Age
52%
College-Educated
95%
High-School Grad
58.1 sq mi
ZIP Area
165
Density / Sq Mi
$115,200
Median Household Income
$54,338
Median Earnings
$1,338
Median Rent
$386,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - A fully occupied seven-unit multifamily with a strong unit mix and established outdoor amenities for tenant recreation.
Where is this apartment building located?
The property is located at 1030 Route 199 Red Hook, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Legal 7‑unit multifamily built in 1975, fully occupied; Unit mix: five 2‑bedroom units, two 1‑bedroom units, and one 3‑bedroom unit; Totals include 13 bedrooms and 7.5 bathrooms across all units
