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Turnkey Multi-Family Brick Apartment Building
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190 Grandview Apartments Road, Grand Gorge, NY 12434

12-unit apartment building on 3.5 acres in the Catskills.

Property Size11,704 SF
Lot Size3.50 Acres
Price / SF$106.80
Days on Market116

Property Features for 190 Grandview Apartments Road

General Information

Standard status Active
Size 11,704 SF
Lot size 3.50 Acres
Property subtype Retail, Multifamily
Zoning MULTI FAM
Investment Type Owner/User

Building Details

Year Built 1980
Buildings 1
Units 20
Listing Agency: WINDSTAR REALTY GROUP LLC
Listed By: Susan Miller · License #NY 10401309653
Source: Crexi
Added: May 10 Changed: Aug 17 Last Checked: Aug 28 at 9:29PM

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 WINDSTAR REALTY GROUP LLC

Investment Insights

Based on property information with market context.

This 11,704 sq. ft. brick apartment building is a turnkey multi-family asset located in the Catskills. Situated on a 3.5-acre lot, the property offers space and privacy. The building features a low-maintenance brick exterior and a newer roof. It is fully connected to municipal water and sewer. The property contains 12 units, each with a 2-bedroom, 1-bathroom configuration. An off-street parking lot accommodates over 20 vehicles. The 3.5-acre parcel offers potential for outdoor tenant amenities, green space, or future site expansion, subject to local zoning. Located in Grand Gorge, minutes from the crossroads of 2 state highways, this property serves as a central hub between the high-demand ski markets of Windham and Hunter and the growing employment centers in Oneonta and Delhi. The property is suitable as a steady "buy-and-hold" income stream or a value-add play through cosmetic interior updates.

Key Highlights

  • Turnkey 12‑unit multi‑family property in the Catskills, offering immediate income potential.
  • Spacious 3.5‑acre lot with potential for tenant amenities or future expansion.
  • Durable, low‑maintenance brick exterior and newer roof, minimizing capital expenditures.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Repair Shop Nail Salon Pet Store Food Market

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

49
Businesses Nearby

Demographics for 12434, NY

622
Population
550
Households
1.1
Avg Household Size
52
Median Age
15%
College-Educated
93%
High-School Grad
10.9 sq mi
ZIP Area
57
Density / Sq Mi
$48,558
Median Household Income
$55,366
Median Earnings
$920
Median Rent
$167,500
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 - 12-unit apartment building on 3.5 acres in the Catskills.
Where is this apartment building located?
The property is located at 190 Grandview Apartments Road Grand Gorge, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Turnkey 12‑unit multi‑family property in the Catskills, offering immediate income potential.; Spacious 3.5‑acre lot with potential for tenant amenities or future expansion.; Durable, low‑maintenance brick exterior and newer roof, minimizing capital expenditures.
(518) 898-4660 Call to check price and availability
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