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Five-Unit Apartment Property
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29 to 45 Ridge Road, Marlboro, NY 12542

Multi-unit residential property with garages, storage areas, updated major systems, and paved access across a 6.4-acre setting.

Property SizeContact for details
Lot Size6.40 Acres
Days on Market4

Property Features for 29 to 45 Ridge Road

General Information

Standard status Active
Lot size 6.40 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 5
Listing Agency: KW Commercial - First in New York
Listed By: Chris Scibelli · License #NY 10491200206
Source: Crexi
Added: Sep 1 Changed: Sep 4 Last Checked: Sep 4 at 3:06PM

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 KW Commercial - First in New York

Investment Insights

Based on property information with market context.

This multifamily property includes five rental units arranged among two main residences, cottages, and related structures. One residence has a two-car garage and storage, while the other includes an expanded barn, garage, and additional storage space. Major mechanical systems have been replaced, and the buildings feature a metal roof.

The property encompasses 6.4 acres at 29 to 45 Ridge Road in Marlboro, within New York’s Hudson Valley. Improvements include a blacktop driveway and parking areas, along with maintained grounds. The residences and cottages have been rented consistently for more than 50 years. Multiple-use zoning is identified, with the source also noting the possibility of adding a sixth unit.

Key Highlights

  • Five rental units across two main residences, cottages, and related structures
  • 6.4‑acre multifamily property at 29 to 45 Ridge Road, Marlboro, NY 12542
  • One residence includes a 2‑car garage and storage area

Property Analytics

Current Use

Apartment buildings

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Multi-unit residential property with garages, storage areas, updated major systems, and paved access across a 6.4-acre setting.
Where is this apartment building located?
The property is located at 29 to 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 main residences, cottages, and related structures; 6.4‑acre multifamily property at 29 to 45 Ridge Road, Marlboro, NY 12542; One residence includes a 2‑car garage and storage area
(845) 494-3749 Call to check price and availability
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