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Modern 36-Unit Complex For Sale
For Sale
$9,500,000

33 Firehouse Ln, Red Hook, NY 12571

Well-maintained 36-unit complex in Red Hook, Dutchess County.

Property Size68,400 SF
Lot Size5.00 Acres
Days on Market165

Property Features for 33 Firehouse Ln

General Information

Standard status Active
Size 68,400 SF
Lot size 5.00 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $136,448

Building Details

Building Size 68,400 SF
Year Built 2018
Listing Agency: LEGRAND REAL ESTATE, INC.
Listed By: Thomas LeGrand · License #31LE0841720
Source: Elliman
Added: Mar 11 Changed: Aug 16 Last Checked: Aug 21 at 9:36AM

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 LEGRAND REAL ESTATE, INC.

Investment Insights

Based on property information with market context.

This modern, well-constructed complex features 36 units, including 24 townhomes, 8 one- and two-bedroom apartments, and 8 commercial rentals. The property is well-maintained and landscaped, with municipal utilities. Located in Red Hook, Dutchess County, the property is within walking distance of shops and eateries and three miles from Rhinebeck. The complex is 100% occupied. The townhouses feature 3 bedrooms and 2 baths with full basements. All apartments have washer and dryers. The grounds are well-maintained, and a sidewalk system connects to the village system. The complex is turn-key and needs nothing. Heating is oil above ground. There is a shortage of rentals in Northern Dutchess County, and this complex is unmatched in location and quality.

Key Highlights

  • Diversified income streams with a 36‑unit complex: 24 townhomes, 8 apartments, and 8 commercial rentals.
  • Built in 2018, offering modern construction.
  • 100% occupancy, ensuring immediate cash flow.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Garden Center Computer & Electronic Repair Catering Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

579
Businesses Nearby

Demographics for 12571, NY

9,600
Population
4,454
Households
2.2
Avg Household Size
47
Median Age
52%
College-Educated
95%
High-School Grad
58.1 sq mi
ZIP Area
165
Density / Sq Mi
$115,200
Median Household Income
$54,338
Median Earnings
$1,338
Median Rent
$386,300
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 - Well-maintained 36-unit complex in Red Hook, Dutchess County.
Where is this apartment building located?
The property is located at 33 Firehouse Ln Red Hook, NY.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: Diversified income streams with a 36‑unit complex: 24 townhomes, 8 apartments, and 8 commercial rentals.; Built in 2018, offering modern construction.; 100% occupancy, ensuring immediate cash flow.
More about this property
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