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

1030 Route 199, Red Hook, NY 12571

COMMERCIAL - Other - Red Hook, NY

Property Size10,388 SF
Lot Size1.70 Acres
Price / SF$115.52
Days on Market56

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 8, Bathroom 1, Bathroom 5, Bathroom 4, Bathroom 7, Bathroom 3, 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

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 Hardwood, Vinyl, Linoleum, Carpet, Laminate
Building materials Brick, Aluminum
Roof type Asphalt
Architectural style Other
Listing Agency: MONDELLO UPSTATE PROPERTIES LLC
Listed By: Catherine Mondello
Added: Jun 11 Changed: Aug 4 Last Checked: Aug 5 at 3:06PM
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.

Investment Insights

Based on property information with market context.

This legal 7-unit multifamily apartment building at 1030 Route 199 in Red Hook, NY offers fully occupied residential income units. The unit mix includes multiple 1-, 2-, and 3-bedroom layouts, totaling 13 bedrooms and 7 plus 1/2 baths across the property. Constructed in 1975 with brick and aluminum materials, the building features an asphalt roof and interior flooring including vinyl, linoleum, carpet, laminate, and hardwood. Heating is provided by electric (heating) and oil with baseboard systems. Water is supplied by a well and the property uses a septic tank, and parking is available via a driveway.

The grounds are described as park-like and are mostly fenced, with a gazebo and an outdoor track for recreation. Several outbuildings on site provide additional income and versatile usage.

The property is located within about 10 minutes of TSP, as well as the villages of Red Hook and Rhinebeck, and it is in the Red Hook School District.

Key Highlights

  • Legal 7‑unit multifamily with 13 total bedrooms and 7 plus 1/2 baths
  • 1.7‑acre, mostly fenced park‑like grounds with gazebo and outdoor track
  • Brick and aluminum construction built in 1975 with an asphalt roof

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center Furniture & Home Goods Auto Repair Shop Travel Agency Restaurant Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

31
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Legal seven-unit multifamily with fenced grounds, gazebo, and outdoor track.
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 with 13 total bedrooms and 7 plus 1/2 baths; 1.7‑acre, mostly fenced park‑like grounds with gazebo and outdoor track; Brick and aluminum construction built in 1975 with an asphalt roof
More about this property
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