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5-Cottage Apartment Compound
For Sale
$1,995,000

2465 Glasco Turnpike, Woodstock, NY 12498

Residential Income, Woodstock, NY

Property Size4,331 SF
Lot Size6.06 Acres
Price / SF$460.63
Days on Market97

Property Features for 2465 Glasco Turnpike

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3
Bedrooms 7
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 6, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 7, Bathroom 3, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 4, Bedroom 2
Parking features Driveway
Patio and Porch features Deck, Patio, Porch
Interior features Built-in Features, Ceiling Fan(s), Hot Tub, Primary Downstairs
Exterior features Barbecue, Fire Pit, Private Entrance
Fireplace 1
Accessibility Accessible Approach with Ramp
Appliances ENERGY STAR Qualified Appliances
Lot features Wooded
Elementary school district Onteora Central School District
Middle school district Onteora Central School District
High school district Onteora Central School District
Directions Parcel is at the corner of Rick's Road and Glasco Turnpike on the left if driving toward Glasco from Rick's.
Subdivision Woodstock
Standard status Active
APN 27.9-1-1
Size 4,331 SF
Lot size 6.06 Acres

Taxes and HOA fees

Tax Description Section.Subsection-Block-Lot.Sublot-Suffix
Tax Annual Amount 16659
Legal Description Section.Subsection-Block-Lot.Sublot-Suffix

Utilities

Sewer type Septic Tank, Engineered Septic
Heating system Radiant Floor, Varies by Unit (Heating), Radiant, Propane Stove, Ductless (Heating), Propane (Heating)
Cooling system ENERGY STAR Qualified Equipment, Varies by Unit, Ductless
Water source Well

Building Details

Year built 1965
Floors in Building 2
Number of units 5
Flooring type Varies, Hardwood, Tile
Roof type Shingle
Architectural style Cottage, Contemporary
Additional Structures Storage
Listing Agency: Halter Associates Realty
Listed By: Lillian Kology
Added: May 18 Changed: Aug 19 Last Checked: Aug 22 at 6:06AM
MLS# 20262489

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 property is a 5-cottage collection configured as an apartment-building style compound, situated on 6.06 wooded acres (4331 SF). Built in 1965, it includes a mix of interior features such as built-in features, ceiling fans, a hot tub, and primary-downstairs accommodations. Multiple heating and cooling systems are present, including propane (stove and heating), radiant floor heat, and ductless systems, along with ENERGY STAR qualified appliances and equipment. Fireplaces are included, and exterior amenities include barbecue, a fire pit, and porch/patio/deck spaces.

The property is serviced by well water and an engineered septic system (septic tank). Parking is provided via a driveway, and each cottage offers a private entrance. Accessibility is supported with an accessible approach with ramp, and Cottage 4 is described as wheelchair-accessible.

From an operating standpoint, all five cottages are reported as successfully rented with a combination of short- and long-term tenants, and the short-term rental license conveys. For 2025, the cap rate with all cottages rented was stated as 7, and for 2024 it was closer to 10.

Key Highlights

  • 5‑cottage compound on 6.06 acres totaling 4,331 SF
  • R3 zoning and a driveway with private entrances
  • All five cottages are rented with a mix of short- and long‑term tenants; short‑term rental license conveys

Property Analytics

Current Use

five cabins Vacation Rental

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Real Estate Agency Pharmacy Restaurant Skin Care Clinic

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby

Demographics for 12498, NY

4,845
Population
2,926
Households
1.7
Avg Household Size
57
Median Age
62%
College-Educated
96%
High-School Grad
22.2 sq mi
ZIP Area
218
Density / Sq Mi
$80,221
Median Household Income
$43,715
Median Earnings
$1,679
Median Rent
$542,300
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?
Apartment building - R3-zoned 5-cottage compound with well water, engineered septic, and multiple private entrances via a driveway.
Where is this apartment building located?
The property is located at 2465 Glasco Turnpike Woodstock, NY.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 5‑cottage compound on 6.06 acres totaling 4,331 SF; R3 zoning and a driveway with private entrances; All five cottages are rented with a mix of short- and long‑term tenants; short‑term rental license conveys
More about this property
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