4-Unit Multifamily
For Sale
$449,999
31 Saint Pauls Place, Liberty, NY 12754
Two vacant apartments and two occupied units offer a mix of immediate availability and existing tenancy.
Property Size5,270 SF
Price / SF$85.39
Days on Market12
Property Features for 31 Saint Pauls Place
General Information
Standard status
Active
Size
5,270 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$10,348
Amenities
Natural Woodwork
Other
Building Details
Building Size
5,270 SF
Year Built
1920
Units
4
Listing Agency:
Mimi Realty USA, Inc
Listed By:
Avigdor Rosenfeld
(929) 355-5916
Source:
Clairedleone
Added: Oct 13
Changed: Oct 23
Last Checked: Oct 23 at 8:58AM
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 Mimi Realty USA, Inc
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Investment Insights
Based on property information with market context.
This four-unit multifamily property in Liberty includes two vacant apartments and two occupied units. The mix provides options for an owner-occupant or a rental operator. Built in 1920, the property occupies a corner location in the village, close to shopping, dining, and other village amenities.
Key Highlights
- Four‑unit multifamily property
- Two units are vacant; two are occupied
- Corner property in the Village of Liberty
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,232
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$804,640
$804.6K
Cap Rate 7%
$574,743
$574.7K
Cap Rate 9%
$447,022
$447.0K
Market Conditions
NOI Build-Up for 5,270 SF
Gross rent
$79.7K $15.12/SF
− Vacancy
−$6.5K −$1.24/SF
EGI
$73.1K $13.88/SF
− OpEx
−$32.9K −$6.25/SF
NOI
$40.2K $7.63/SF
Area
Sullivan County, NY
Vacancy
8.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$804,640
Cap Rate 7%
$574,743
Cap Rate 9%
$447,022
Alternative Uses
Best Use
Multifamily LT 5
$600.2K
$525.2K – $700.2K
NOI $42,014 @ 7.0% cap · market cap 9.34%
Second Best
Apartment 5plus
$574.7K
$502.9K – $670.5K
NOI $40,232 @ 7.0% cap · market cap 8.94%
Theoretical Best
Office A
$1.45M
$1.26M – $1.69M
NOI $101,184 @ 7.0% cap · market cap 22.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Explore this area
Business Placement
Demographics for 12754, NY
7,654
Population
3,783
Households
2
Avg Household Size
39
Median Age
23%
College-Educated
89%
High-School Grad
28.3 sq mi
ZIP Area
270
Density / Sq Mi
$56,597
Median Household Income
$38,067
Median Earnings
$905
Median Rent
$190,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Two vacant apartments and two occupied units offer a mix of immediate availability and existing tenancy.
Where is this quadplex located?
The property is located at 31 Saint Pauls Place Liberty, NY.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: Four‑unit multifamily property; Two units are vacant; two are occupied; Corner property in the Village of Liberty
