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Corner Lot Multifamily Property
For Sale
$75,000
Pending

157 Main Street, Ravena, NY 12143

Multifamily property on a corner lot needing substantial work.

Property Size13,298 SF
Lot Size0.33 Acres
Days on Market1192

Property Features for 157 Main Street

General Information

Standard status Pending
Size 13,298 SF
Lot size 0.33 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $9,279

Amenities

Corner Lot
Asphalt Roof
Baseboard Heating
Carpet Flooring
Concrete Flooring
Road Frontage

Building Details

Year Built 1950
Listing Agency: GALLAGHER & COMPANY
Listed By: ESTHER M ROSADO
Source: Corcoran
Added: May 9, 2023 Changed: Aug 8 Last Checked: Jul 23 at 9:08AM

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 GALLAGHER & COMPANY

Investment Insights

Based on property information with market context.

This multifamily property is situated on a corner lot across from a USPS location and public parking. The building contains two apartments located on the top floor. According to a professional mold assessment report, remediation costs are estimated at $100,000. The property is assessed for $376,000 and needs substantial work. The property size is 13298 square feet.

Key Highlights

  • Corner lot location across from USPS and public parking
  • Opportunity for investor or end user
  • Two apartments located on the top floor

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Law Firm Kitchen & Bath Showroom Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

263
Businesses Nearby

Demographics for 12143, NY

4,903
Population
2,523
Households
1.9
Avg Household Size
42
Median Age
27%
College-Educated
90%
High-School Grad
19.1 sq mi
ZIP Area
257
Density / Sq Mi
$89,450
Median Household Income
$41,458
Median Earnings
$1,022
Median Rent
$222,400
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 - Multifamily property on a corner lot needing substantial work.
Where is this apartment building located?
The property is located at 157 Main Street Ravena, NY.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Corner lot location across from USPS and public parking; Opportunity for investor or end user; Two apartments located on the top floor
More about this property
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