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    57 Samsonville Rd Kerhonkson, NY 12446

    Sponsored
    For Sale
    $1,299,000

    Ten-Unit Complex, High Rental Income Potential

    Property size:
    4,448 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional investment opportunity presents a ten-unit multifamily property situated on a spacious 13.2-acre lot at 57 Samsonville Rd, Kerhonkson, NY. The property boasts a total of 4,448 square feet and comprises ten one-bedroom apartments and two studio apartments, all currently fully rented. A significant advantage lies in the current rental rates, which are below market value, presenting immediate potential for increased revenue. Ample off-street parking is available for residents and guests. The property's location in Kerhonkson, NY offers a strong rental market, making this an attractive investment for both seasoned and new investors. The substantial land area provides additional development possibilities, subject to local zoning regulations. This property is being offered at $1,299,000. Owner financing may be available to qualified buyers. Due to the presence of multiple tenants, a 24-hour notice is required for all showings and appointments. This is a rare opportunity to acquire a well-occupied, income-generating property with significant upside potential. Serious inquiries only. All information is deemed reliable but not guaranteed and should be independently verified.

    Property Features for 57 Samsonville Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,448 SF
    Lot Size
    574,992 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Pharmacy Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kerhonkson
    County
    Ulster County
    State
    New York
    Longitude
    -74.29733
    Latitude
    41.78596

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Ten-Unit Complex, High Rental Income Potential
    Where is this commercial real estate located?
    The property is located at 57 Samsonville Rd Kerhonkson, NY.
    What is the asking price?
    The asking price for this property is $1,299,000.
    (845) 566-8399
    Request Owner's contact information
    57 Samsonville Rd Kerhonkson, NY 12446
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    57 Samsonville Rd Kerhonkson, NY 12446
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