Five-Unit Multifamily
New
For Sale
$1,750,000
29-45 Ridge Rd, Marlboro, NY 12542
Two residences, accessory storage buildings, and updated site improvements support a multi-unit income property.
Property Size10,370 SF
Lot Size6.40 Acres
Days on Market2
Property Features for 29-45 Ridge Rd
General Information
Standard status
Active
Size
10,370 SF
Lot size
6.40 Acres
Property subtype
Commercial
Additional Details
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$20,724
Building Details
Building Size
10,370 SF
Year Built
1940
Units
5
Listing Agency:
KELLER WILLIAMS REALTY
Listed By:
Phil Szumlaski
(845) 913-5936
Source:
Elliman
Added: Sep 1
Last Checked: Sep 1 at 5:04PM
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
Investment Insights
Based on property information with market context.
This multifamily property includes two main residences with five units in total. One residence has a two-car garage and storage, while the other includes an expanded barn, garage, and additional storage space. Built in 1940, the property features a metal roof, replaced major mechanical systems, and a blacktop driveway with designated parking areas.
The property encompasses 6.4 acres in Marlboro within New York’s Hudson Valley apple-growing and vineyard region. The residences and cottages have reportedly remained rented for more than 50 years. The property is zoned for multiple uses, and the source information identifies the possibility of adding a sixth unit. Its configuration also supports owner occupancy alongside rental use.
The property encompasses 6.4 acres in Marlboro within New York’s Hudson Valley apple-growing and vineyard region. The residences and cottages have reportedly remained rented for more than 50 years. The property is zoned for multiple uses, and the source information identifies the possibility of adding a sixth unit. Its configuration also supports owner occupancy alongside rental use.
Key Highlights
- Five units across two main residences
- 6.4‑acre multifamily property in Marlboro, NY
- Two‑car garage, expanded barn, garages, and storage areas
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 12542, NY
5,726
Population
2,459
Households
2.3
Avg Household Size
43
Median Age
42%
College-Educated
95%
High-School Grad
14.4 sq mi
ZIP Area
398
Density / Sq Mi
$123,517
Median Household Income
$62,375
Median Earnings
$1,833
Median Rent
$356,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two residences, accessory storage buildings, and updated site improvements support a multi-unit income property.
Where is this multifamily property located?
The property is located at 29-45 Ridge Rd Marlboro, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Five units across two main residences; 6.4‑acre multifamily property in Marlboro, NY; Two‑car garage, expanded barn, garages, and storage areas
