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13-Unit Multifamily Portfolio

252 PARTITION ST, Saugerties, NY 12477

For Sale
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The six-property collection includes five duplexes, one triplex, and a mix of occupied and vacant units.

Property SizeContact for details
Days on Market22

Property Features for 252 PARTITION ST

General Information

Standard status Active
Property subtype Multifamily
Net Operating Income $237,892

Financials

Asking Price $2,700,000
Cap Rate 8.81%
Gross Income $301,104

Additional Details

Highway Access Yes
Multifamily Units 13
Tenant in Place Yes

Building Details

Buildings 6
Listing Agency: Keller Williams Realty First New York
Listed By: Richard Baxter · License NY #10401254733
Source: Crexi
Added: Oct 21 Changed: Nov 8 Last Checked: Nov 10 at 5:48AM

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 Keller Williams Realty First New York

Rey
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Investment Insights

Based on property information with market context.

This multifamily portfolio comprises six properties and 13 units: five duplexes and one triplex. Multiple units are occupied, and one unit at 171 Greenkill Ave is vacant. Property features include two 3-bedroom units with private decks, attached garages, and in-unit laundry; a duplex with a fenced yard and deck; and a property with garage income. Separate utilities, private parking, and laundry are present at many units. Updated furnaces and a roof are noted at Ten Broeck Ave.

The properties are located in Kingston, Saugerties, Port Ewen, and Boiceville, with access to I-87, Rt 9W, and Rt 28. The portfolio is reported at an 8.81% cap rate based on current leases.

Key Highlights

  • Six properties comprise five duplexes and one triplex, totaling 13 units
  • Reported 8.81% cap rate on current in‑place leases
  • Two 3‑bedroom units have private decks, attached garages, and in‑unit laundry

Property Analytics

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Lease Details

13
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby

Demographics for 12477, NY

18,559
Population
9,483
Households
2
Avg Household Size
48
Median Age
34%
College-Educated
92%
High-School Grad
66.7 sq mi
ZIP Area
278
Density / Sq Mi
$72,353
Median Household Income
$49,357
Median Earnings
$1,239
Median Rent
$292,100
Median Home Value
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Market

Average Price Trend$/SF for Multifamily properties in Saugerties, NY

$230 Jul
$234 Aug
$219 Sep
$198 Oct

Properties on Market for Multifamily properties in Saugerties

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The six-property collection includes five duplexes, one triplex, and a mix of occupied and vacant units.
Where is this multifamily property located?
The property is located at 252 PARTITION ST Saugerties, NY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Six properties comprise five duplexes and one triplex, totaling 13 units; Reported 8.81% cap rate on current in‑place leases; Two 3‑bedroom units have private decks, attached garages, and in‑unit laundry
(845) 494-4715 Call to check price and availability
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