Multifamily Apartment
New
For Sale
Contact for pricing
18 Edgewater Place, Beacon, NY 12508
For-sale apartment building at 18 Edgewater Place in Beacon, NY.
Days on Market6
Property Features for 18 Edgewater Place
General Information
Standard status
Active
Property subtype
Mixed Use
Building Details
Building Size
94,737 SF
Year Built
2024
Listing Agency:
Ariel Property Advisors
(212) 544-9500
Listed By:
Victor Sozio · License #49SH1071833
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 30 at 3:04AM
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 Ariel Property Advisors
Investment Insights
Based on property information with market context.
This multifamily apartment building is offered for sale. The property is located at 18 Edgewater Place in Beacon, NY 12508.
The asking price is $52,500,000. Additional details regarding unit mix, square footage, condition, or on-site amenities were not provided in the available information.
The asking price is $52,500,000. Additional details regarding unit mix, square footage, condition, or on-site amenities were not provided in the available information.
Key Highlights
- For‑sale apartment building at 18 Edgewater Place in Beacon, NY
- Built in 2024
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 | $3.11M | $32.88 |
| − Vacancy | −$155.7k | −$1.64 |
| EGI | $2.96M | $31.24 |
| − OpEx | −$1.33M | −$14.06 |
| NOI | $1.63M | $17.18 |
94,737 SF · lease $32.88/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$23.25M
$20.34M – $27.13M
NOI $1,627,563 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$28.52M
$24.95M – $33.27M
NOI $1,996,225 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Explore this area
Business Placement
Demographics for 12508, NY
19,537
Population
8,798
Households
2.2
Avg Household Size
43
Median Age
41%
College-Educated
86%
High-School Grad
14.4 sq mi
ZIP Area
1,357
Density / Sq Mi
$88,510
Median Household Income
$59,498
Median Earnings
$1,700
Median Rent
$401,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - For-sale apartment building at 18 Edgewater Place in Beacon, NY.
Where is this apartment building located?
The property is located at 18 Edgewater Place Beacon, NY.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: For‑sale apartment building at 18 Edgewater Place in Beacon, NY; Built in 2024
