Hurleyville Multifamily Building with
9 Mongaup Rd Hurleyville, NY 12747
9 Mongaup Rd, Hurleyville, NY, 12747
$595,000
For Sale
$595,000
Multi-family building with storefront in Hurleyville, NY for sale.
Property Size4,800 SF
Lot Size0.19 Acres
Price / SF$123.96
Days on Market129
Property Features for 9 Mongaup Rd
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Lot size
- 0.19 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1920
Listing Agency
Keller Williams Hudson Valley Realty & United
(845) 866-0837
Listed by
Pamela Henning · License #30HE1114381
(845) 866-0837
Source
Elliman
Added: Mar 10 Checked: Jul 16 at 9:17 am
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 Keller Williams Hudson Valley Realty & United
Investment Insights
Based on property information with market context.
Located in the heart of Hurleyville, this 4800 square foot multi-family building presents an excellent business opportunity. The property features five rentals, including four apartments and a storefront. Situated on a 0.19 acre lot, the building benefits from municipal water and sewer services. The current rental income includes: one-bedroom apartment for $1000, one-bedroom apartment for $1100, one-bedroom apartment for $1350, and a two-bedroom apartment for $1500. The property is conveniently located near Main Street, shops, dining options, the Hurleyville Arts Centre, and rail trails, with easy access to Route 42 and Route 17. This property offers strong demand and upside potential for investors or owner-operators.
Key Highlights
- High Income Generating Property: Features 5 rentals (4 apartments and a storefront).
- Prime Location: In the heart of Hurleyville, near Main Street, shops, dining, and the Hurleyville Arts Centre.
- Strong Rental Demand: Upside potential for investors or owner operators.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.6k | $15.12 |
| − Vacancy | −$6.0k | −$1.24 |
| EGI | $66.6k | $13.88 |
| − OpEx | −$30.0k | −$6.25 |
| NOI | $36.6k | $7.63 |
4,800 SF · lease $15.12/SF/yr · vacancy 8.20% · expense 45.00%
Alternative Uses
Best Use
Retail
$827.7K
$724.3K – $965.7K
NOI $57,940 @ 7.0% cap · market cap 9.74%
Second Best
Apartment 5plus
$523.5K
$458.1K – $610.7K
NOI $36,644 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M
NOI $92,160 @ 7.0% cap · market cap 15.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Multi-family building with storefront in Hurleyville, NY for sale.
Where is this apartment building located?
The property is located at 9 Mongaup Rd Hurleyville, NY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: High Income Generating Property: Features 5 rentals (4 apartments and a storefront).; Prime Location: In the heart of Hurleyville, near Main Street, shops, dining, and the Hurleyville Arts Centre.; Strong Rental Demand: Upside potential for investors or owner operators.
