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Three-Family Income Residence
For Sale
$799,000

40 Grandview Ave, Catskill, NY 12414

Meticulously maintained triplex with separate entrances, a full basement, covered patio, and off-street parking.

Property Size4,278 SF
Lot Size0.69 Acres
Price / SF$186.77
Days on Market58

Property Features for 40 Grandview Ave

General Information

Standard status Active
Size 4,278 SF
Lot size 0.69 Acres
Property subtype Investment

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $9,591

Building Details

Building Size 4,278 SF
Year Built 1858
Units 3
Listing Agency: Houlihan Lawrence Inc.
Listed By: Jessica Brasseur
Source: Elliman
Added: Jul 10 Changed: Aug 26 Last Checked: Sep 4 at 9:52AM

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 Houlihan Lawrence Inc.

Investment Insights

Based on property information with market context.

This meticulously maintained three-unit residence offers versatile living and income potential. Unit 1 spans two levels and includes 3 bedrooms and 2 full bathrooms, along with a living room featuring a wood-burning stove, a formal dining room, and an eat-in kitchen. Units 2 and 3 each provide 2 bedrooms and 1 full bathroom, with spacious living rooms and eat-in kitchens. The property also includes separate entrances, a full basement with abundant storage and utility space, a covered rear patio, ample off-street parking, and a generous yard on approximately 0.69 acres.

Located in the Catskills, the home is described as a short drive from Hudson. Hudson Amtrak Station is noted as providing convenient rail service to New York City.

With three distinct unit layouts and dedicated entry points, the property is set up for flexible occupancy arrangements, including owner-occupancy with rental income or multi-generational living.

Key Highlights

  • 3‑family (triplex) residence built in 1858 with 4,278 SF of total living space
  • Approximately 0.69‑acre property with three units: Unit 1 (3BR/2BA) and Units 2 & 3 (2BR/1BA each)
  • Unit 1 includes a wood‑burning stove, formal dining room, and eat‑in kitchen; Units 2 & 3 each offer eat‑in kitchens and spacious living rooms

Property Analytics

Current Use

Verizon Business Services Telecommunications Service Verizon Mobile Phone Store

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Catering Service Home Appliance Store Grocery & Convenience 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

337
Businesses Nearby

Demographics for 12414, NY

10,163
Population
5,342
Households
1.9
Avg Household Size
47
Median Age
30%
College-Educated
88%
High-School Grad
62.2 sq mi
ZIP Area
163
Density / Sq Mi
$66,022
Median Household Income
$38,024
Median Earnings
$1,040
Median Rent
$241,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Meticulously maintained triplex with separate entrances, a full basement, covered patio, and off-street parking.
Where is this triplex located?
The property is located at 40 Grandview Ave Catskill, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 3‑family (triplex) residence built in 1858 with 4,278 SF of total living space; Approximately 0.69‑acre property with three units: Unit 1 (3BR/2BA) and Units 2 & 3 (2BR/1BA each); Unit 1 includes a wood‑burning stove, formal dining room, and eat‑in kitchen; Units 2 & 3 each offer eat‑in kitchens and spacious living rooms
More about this property
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