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Six-Unit Townhouse Apartment Property
For Sale
$1,450,000

15023 Route 23, Prattsville, NY 12468

Commercial Sale, Prattsville, NY

Property Size6,280 SF
Lot Size1.92 Acres
Price / SF$230.89
Days on Market1144

Property Features for 15023 Route 23

General Information

Property type Commercial Sale
Property subtype Other
Zoning 01
Zoning description 312 & 210 Classifications
Bathrooms 12
Full bathrooms 12
Rooms Bathroom 3, Bathroom 4, Bathroom 7, Bathroom 1, Bathroom 10, Bathroom 11, Bathroom 2, Bathroom 8, Bathroom 12, Bathroom 9, Bathroom 6, Bathroom 5
Appliances Water Heater, Refrigerator, Range, Dishwasher
Elementary school district Gilboa
Middle school district Gilboa
High school district Gilboa
Directions From Windham, take Route 23 West, go through the Village of Prattsville, after Main St, Prattsville, approximately 2.3 miles, the property will be on the left #15023.
Subdivision Prattsville
Standard status Active
APN 74-1-45
Size 6,280 SF
Lot size 1.92 Acres

Taxes and HOA fees

Tax Description 210 Single Family Residences and 312 Vacant Land
Tax Annual Amount 28716
Legal Description 210 Single Family Residences and 312 Vacant Land

Utilities

Sewer type Public Sewer
Heating system Propane (Heating), Forced Air
Water source Well

Amenities

back decks
yard space

Building Details

Year built 2016
Floors in Building 2
Flooring type Carpet, Tile
Building materials Asphalt, Frame
Roof type Asphalt, Shingle
Listing Agency: RVW Select Properties
Listed By: Theodore Banta III · License #10311209842
Added: Aug 19, 2023 Changed: Sep 13 Last Checked: Oct 5 at 8:06AM
MLS# 150383

Copyright © 2026 Hudson Valley Catskill Region MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This six-unit townhouse apartment property contains 6,280 square feet on a 1.92-acre parcel. Each residence includes two bedrooms and one full and one-half bath, for a combined total of 12 bedrooms, 6 full baths, and 6 half baths. Corner units measure 1,200 square feet, while the middle units measure 970 square feet. Separate utilities serve each townhouse, and the buildings date to 2016. Improvements include back decks, tenant yard areas, a paved driveway, paved parking, and a fenced trash enclosure. Appliances include refrigerators, ranges, dishwashers, and water heaters; heating is forced air with propane.

The property is located 2 minutes from the Village of Prattsville, 5 minutes from the Schoharie Reservoir, 15 minutes from Windham Ski Mountain, and 20 minutes from Hunter Ski Mountain. Public sewer and well water serve the property. The townhouses have been approved as individual townhouse units for potential separate sale through the existing HOA. An adjacent 6.68-acre parcel with Johnson Hollow Brook is offered in addition to the townhouse property.

Key Highlights

  • Six townhouses totaling 6,280 square feet on 1.92 acres
  • 12 bedrooms, 6 full baths, and 6 half baths across the six units
  • Each townhouse has 2 bedrooms and 1 1/2 baths with separate utilities

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Real Estate Agency Accounting Firm Spa & Massage Center Bed & Breakfast

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

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 12468, NY

1,417
Population
1,262
Households
1.1
Avg Household Size
52
Median Age
24%
College-Educated
96%
High-School Grad
58.1 sq mi
ZIP Area
24
Density / Sq Mi
$60,556
Median Household Income
$47,803
Median Earnings
$704
Median Rent
$231,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Separate utilities, private decks, paved parking, and tenant yard areas support the existing rental configuration.
Where is this apartment building located?
The property is located at 15023 Route 23 Prattsville, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Six townhouses totaling 6,280 square feet on 1.92 acres; 12 bedrooms, 6 full baths, and 6 half baths across the six units; Each townhouse has 2 bedrooms and 1 1/2 baths with separate utilities
More about this property
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