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Five-Unit Multifamily Property
New
For Sale
$1,750,000

29-45 Ridge Road, Marlboro, NY 12542

Commercial Sale, Marlboro, NY

Property SizeContact for details
Lot Size6.39 Acres
Days on Market2

Property Features for 29-45 Ridge Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning RAG1
Rooms Basement
Parking features Parking Lot, Driveway
Basement Full
Lot features Back Yard, Landscaped, Part Wooded, Private, Views
Elementary school Marlboro Elementary School
Middle school Marlboro Middle School
High school Marlboro Central High School
Elementary school district Marlboro
Middle school district Marlboro
High school district Marlboro
Standard status Active
APN 3600-108.002-0003-030.000-0000
Lot size 6.39 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 20724

Utilities

Sewer type Septic Tank, Shared Septic
Heating system Oil
Cooling system Central Air, Ductless
Water source Well

Building Details

Year built 1940
Floors in Building 2
Number of units 5
Building materials Frame
Listing Agency: Keller Williams Realty
Listed By: Phil Szumlaski
Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 3:06PM
MLS# 1044242

Copyright © 2026 OneKey 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 frame multifamily property includes five rental units arranged across two principal residences and additional cottage-style accommodations. One residence has a 2-car garage with storage, while another includes an expanded barn, garage, and storage area. Major mechanical systems have been replaced, and the property has a metal roof, central air, ductless cooling, oil heat, and a blacktop driveway with parking areas.

The property is located in Marlboro in New York’s Hudson Valley, among working apple orchards and vineyards. RAG1 zoning supports multiple uses, and the site is served by a well and septic systems. The residences have a documented history of rental occupancy, with potential for a sixth unit and possible hospitality use supported by the surrounding agricultural and tourism context.

Key Highlights

  • Five rental units across two principal residences and additional cottage‑style accommodations
  • Potential to add a sixth unit; RAG1 zoning supports multiple uses
  • One residence includes a 2‑car garage and storage

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Auto Repair Shop Garden Center Kitchen & Bath Showroom Computer & Electronic Repair Tech Support Center

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

24
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property with multiple residences, garage and storage improvements, updated mechanical systems, and established rental occupancy.
Where is this multifamily property located?
The property is located at 29-45 Ridge Road 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 rental units across two principal residences and additional cottage‑style accommodations; Potential to add a sixth unit; RAG1 zoning supports multiple uses; One residence includes a 2‑car garage and storage
More about this property
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