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4-Unit Apartment and Motel Property

539-541 Route 52, Carmel, NY 10512

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For Sale

$799,000

Fully occupied 4-unit building plus adjacent 11-room motel on a spacious rural lot, with separate utilities and private entrances.

Lot size:

7.50 Acres

HighLights

Fully occupied 4‑unit apartment building with four separate units, each with private entrances
Adjacent 11‑room motel on the same property; motel cannot be converted to apartments and needs complete renovation
Both buildings are on a spacious 7.5‑acre lot in a scenic rural setting overlooking Lake Carmel
Separate utilities for the 4‑unit apartment building
Approx. 7,200 cars pass by per day and the property is close to Route I‑84
Current apartment income is $66,600 (not including motel income)

We can help!

Listing Contact

Angela J. Briante

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For Sale

$799,000

Fully occupied 4-unit building plus adjacent 11-room motel on a spacious rural lot, with separate utilities and private entrances.

Lot size:

7.50 Acres

Added:: Jun 5, 2025
Days on Market:: 373
Last Refresh:: Jun 11 at 1:56 am

Property Features for 539-541 Route 52

General Information

Standard status: Active
Lot size: 7.50 Acres

We can help!

Listing Contact

Angela J. Briante

Listing agent Angela J. Briante License #10491201787

Listing office Briante Realty Group, LLC

Listing date Jun 5, 2025

Source Exprealty

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 Briante Realty Group, LLC

HighLights

Fully occupied 4‑unit apartment building with four separate units, each with private entrances
Adjacent 11‑room motel on the same property; motel cannot be converted to apartments and needs complete renovation
Both buildings are on a spacious 7.5‑acre lot in a scenic rural setting overlooking Lake Carmel
Separate utilities for the 4‑unit apartment building
Approx. 7,200 cars pass by per day and the property is close to Route I‑84
Current apartment income is $66,600 (not including motel income)

Overview

This offering combines a fully occupied 4-unit apartment building with an adjacent motel on approximately 7.5 acres. The apartment building contains four separate units, each with its own private entrance, and it includes ample parking and separate utilities. Next door, the motel operates as an 11-room facility and is described as requiring complete renovation to return to operating status. The motel’s rooms are stated as not convertible to apartments, which helps define the project’s intended redevelopment approach.

The property is set in a scenic rural setting with natural surroundings overlooking the shores of Lake Carmel. Road access is noted as convenient, and the property is reported to be on a well-traveled road with approximately 7,200 cars passing per day. The address is 539-541 Route 52, Carmel, NY, and the remarks indicate proximity to Route I-84.

For buyers seeking a mixed-income setup, the apartment building provides current occupancy while the motel presents a renovation scope for an operator or redevelopment team. The configuration, including private entrances for each apartment unit and the motel’s distinct room count, supports planning around both existing housing and lodging-style redevelopment where applicable.

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

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Local Demand

City: Carmel
County: Putnam
State: New York
Longitude: -73.66879
Latitude: 41.460142

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For sale
Quadplexes
NY
Carmel
10512
539-541 Route 52

What type of property is this?

Quadplex - Fully occupied 4-unit building plus adjacent 11-room motel on a spacious rural lot, with separate utilities and private entrances.

Where is this quadplex located?

The property is located at 539-541 Route 52 Carmel, NY.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: Fully occupied 4‑unit apartment building with four separate units, each with private entrances; Adjacent 11‑room motel on the same property; motel cannot be converted to apartments and needs complete renovation; Both buildings are on a spacious 7.5‑acre lot in a scenic rural setting overlooking Lake Carmel