Three-Unit Multifamily
For Sale
$294,400
15 Pearl St, Livingston Manor, NY 12758
Residential property offering varied apartment layouts, detached parking, and an additional lot available separately.
Property Size2,496 SF
Price / SF$117.95
Days on Market287
Property Features for 15 Pearl St
General Information
Standard status
Active
Size
2,496 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR, 2 x 1BR
Multifamily Units
3
Building Details
Year Built
1930
Listing Agency:
The Maxx Group LLC
Listed By:
Maxine H Schulte · License #10491205538
(845) 866-4673
Source:
Searchhomesinlongisland
Added: Jan 1
Changed: Oct 1
Last Checked: Oct 14 at 11:46PM
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 The Maxx Group LLC
Investment Insights
Based on property information with market context.
This three-unit residential property in Livingston Manor, NY, includes a two-bedroom apartment on the first floor and two one-bedroom apartments. A detached two-car garage provides dedicated parking, and the building was constructed in 1930. Heating is provided by above-ground oil fuel.
An additional lot located to the left of the house is also offered for sale. The property is near restaurants and shops in the Livingston Manor area.
An additional lot located to the left of the house is also offered for sale. The property is near restaurants and shops in the Livingston Manor area.
Key Highlights
- Three apartments: one two‑bedroom unit and two one‑bedroom units
- Detached two‑car garage
- Additional lot to the left of the house offered for sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,899
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,980
$398.0K
Cap Rate 7%
$284,271
$284.3K
Cap Rate 9%
$221,100
$221.1K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$32.0K $12.84/SF
− Vacancy
−$3.6K −$1.45/SF
EGI
$28.4K $11.39/SF
− OpEx
−$8.5K −$3.42/SF
NOI
$19.9K $7.97/SF
Area
Sullivan County, NY
Vacancy
11.30%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,980
Cap Rate 7%
$284,271
Cap Rate 9%
$221,100
Alternative Uses
Best Use
Multifamily LT 5
$284.3K
$248.7K – $331.7K
NOI $19,899 @ 7.0% cap · market cap 6.76%
Second Best
Apartment 5plus
$272.2K
$238.2K – $317.6K
NOI $19,055 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$684.6K
$599.0K – $798.7K
NOI $47,923 @ 7.0% cap · market cap 16.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Explore this area
Business Placement
Demographics for 12758, NY
4,033
Population
3,114
Households
1.3
Avg Household Size
46
Median Age
25%
College-Educated
91%
High-School Grad
153.6 sq mi
ZIP Area
26
Density / Sq Mi
$50,577
Median Household Income
$41,036
Median Earnings
$938
Median Rent
$171,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Residential property offering varied apartment layouts, detached parking, and an additional lot available separately.
Where is this triplex located?
The property is located at 15 Pearl St Livingston Manor, NY.
What is the asking price?
The asking price for this property is $294,400.
What are key features of this property?
This property features: Three apartments: one two‑bedroom unit and two one‑bedroom units; Detached two‑car garage; Additional lot to the left of the house offered for sale
