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Seven-Unit Multifamily Property
For Sale
$1,200,000

1030 Route 199, Red Hook, NY 12571

Business Opportunity, Red Hook, NY

Property Size10,388 SF
Lot Size1.70 Acres
Price / SF$115.52
Days on Market149

Property Features for 1030 Route 199

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential
Bathrooms 8
Full bathrooms 7
Half bathrooms 1
Rooms Bathroom 4, Bathroom 8, Bathroom 1, Bathroom 7, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 2
Parking features Driveway
Fencing Fenced
Directions Route 199 East towards Taconic Parkway to Property on right.
Standard status Active
APN 133600-6471-00-591614-0000
Size 10,388 SF
Lot size 1.70 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14516

Utilities

Sewer type Septic Tank
Heating system Baseboard, Oil, Electric (Heating)
Water source Well

Amenities

gazebo
outdoor track

Building Details

Year built 1975
Floors in Building 2
Flooring type Linoleum, Vinyl, Hardwood, Laminate, Carpet
Building materials Brick, Aluminum
Roof type Asphalt
Architectural style Other
Listing Agency: MONDELLO UPSTATE PROPERTIES LLC
Listed By: Catherine Mondello · License #10491204158
Added: Jun 11 Changed: Oct 30 Last Checked: Nov 6 at 12:06PM
MLS# 11818925

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This legal multifamily property contains seven apartments totaling 10,388 square feet on 1.7 acres. The unit mix includes one-bedroom, two-bedroom, and three-bedroom layouts, with 13 bedrooms and 7.5 bathrooms overall. Constructed in 1975, the building features brick and aluminum construction, asphalt roofing, and a combination of electric, oil, and baseboard heating. A driveway provides parking, while well water and septic service support the property.

The grounds are mostly fenced and include a gazebo and outdoor track. Several outbuildings add flexible space and generate additional income. The property is located on Route 199 in Red Hook, within 10 minutes of the TSP and the villages of Red Hook and Rhinebeck, and is situated in the Red Hook School District.

Key Highlights

  • Legal 7‑unit multifamily property with 10,388 square feet on 1.7 acres
  • Unit mix includes 1‑bedroom, 2‑bedroom, and 3‑bedroom apartments
  • 13 bedrooms and 7.5 bathrooms across the property

Property Analytics

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Lease Details

7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

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
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Market

Properties on Market for Apartment buildings in Dutchess County

Jul
Aug
Sep
Oct

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 - Brick multifamily property with varied apartment layouts, fenced grounds, outbuildings, and recreational improvements.
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: Legal 7‑unit multifamily property with 10,388 square feet on 1.7 acres; Unit mix includes 1‑bedroom, 2‑bedroom, and 3‑bedroom apartments; 13 bedrooms and 7.5 bathrooms across the property
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