5-Unit Value-Add Multifamily
For Sale
$499,000
Pending
51-53 North Street, Catskill, NY 12414
Five-unit multifamily property with a mix of two one-bedrooms and three two-bedrooms, including two currently vacant units.
Property Size5,425 SF
Days on Market51
Property Features for 51-53 North Street
General Information
Standard status
Pending
Size
5,425 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$8,850
Building Details
Building Size
5,425 SF
Year Built
1910
Listing Agency:
Century 21 New West
(518) 943-2620
Listed By:
Natasha Witka · License #10491210760
Source:
Gristmillrealestate
Added: Jul 13
Changed: Aug 8
Last Checked: Jul 27 at 2:37PM
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 Century 21 New West
Investment Insights
Based on property information with market context.
This 5-unit multifamily apartment building offers a unit mix of two one-bedroom apartments and three two-bedroom apartments. Two units are currently vacant, creating flexibility for an owner-occupant or an investor looking to make updates without waiting for turnover.
The building is described as requiring needed TLC, including electrical updates and heating system work. The property is located in the Village of Catskill, about one block from Main Street Catskill, with walkable access to local businesses and community destinations.
As offered, 51-53 North Street presents an opportunity to acquire a small income-producing asset in a highly walkable village setting, with immediate upside tied to bringing the property up to its next operating standard.
The building is described as requiring needed TLC, including electrical updates and heating system work. The property is located in the Village of Catskill, about one block from Main Street Catskill, with walkable access to local businesses and community destinations.
As offered, 51-53 North Street presents an opportunity to acquire a small income-producing asset in a highly walkable village setting, with immediate upside tied to bringing the property up to its next operating standard.
Key Highlights
- Five‑unit multifamily building built in 1910 with 2 one‑bedroom units and 3 two‑bedroom units
- Two units are currently vacant, offering options to owner‑occupy and/or renovate without waiting for turnover
- Pricing includes needed TLC with electrical updates and a heating system in need of updates
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
Explore this area
Business Placement
Demographics for 12414, NY
10,163
Population
5,342
Households
1.9
Avg Household Size
47
Median Age
30%
College-Educated
88%
High-School Grad
62.2 sq mi
ZIP Area
163
Density / Sq Mi
$66,022
Median Household Income
$38,024
Median Earnings
$1,040
Median Rent
$241,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit multifamily property with a mix of two one-bedrooms and three two-bedrooms, including two currently vacant units.
Where is this apartment building located?
The property is located at 51-53 North Street Catskill, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Five‑unit multifamily building built in 1910 with 2 one‑bedroom units and 3 two‑bedroom units; Two units are currently vacant, offering options to owner‑occupy and/or renovate without waiting for turnover; Pricing includes needed TLC with electrical updates and a heating system in need of updates
