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7-Unit Apartment Building
For Sale
$1,200,000

1030 Route 199, Red Hook, NY 12571

The fully occupied property offers a varied bedroom mix across its apartments.

Property Size10,388 SF
Price / SF$115.52
Days on Market140

Property Features for 1030 Route 199

General Information

Standard status Active
Size 10,388 SF
Total Parking Spaces 16
Property subtype Commercial
Zoning HB
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA, 2 x 1BR/1BA, 1 x 3BR/1.5BA
Multifamily Units 7

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $14,516

Amenities

gazebo
outdoor track

Building Details

Building Size 10,388 SF
Year Built 1975
Buildings 8
Stories 2
Units 7
Listing Agency: Mondello Upstate Properties
Listed By: Catherine Mondello
Source: Croninreale
Added: Jun 8 Changed: Oct 23 Last Checked: Oct 23 at 9:51AM

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

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Investment Insights

Based on property information with market context.

This 7-unit apartment property was built in 1975 and is fully occupied. The apartments contain 13 bedrooms in total, with configurations ranging from one to three bedrooms. Across the units, the layout includes seven full bathrooms and one half bath. The site also has several outbuildings, a gazebo, an outdoor track, and mostly fenced grounds.

Zoned HB, the property is within 10 minutes of the TSP and the Villages of Red Hook and Rhinebeck, and is in the Red Hook School District.

Key Highlights

  • Seven apartments with 13 bedrooms total
  • Fully occupied
  • Unit mix includes one-, two- and three‑bedroom apartments

Property Analytics

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Lease Details

7
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The fully occupied property offers a varied bedroom mix across its apartments.
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 $1,200,000.
What are key features of this property?
This property features: Seven apartments with 13 bedrooms total; Fully occupied; Unit mix includes one-, two- and three‑bedroom apartments
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