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22-Unit Multifamily Investment Opportunity
For Sale
$2,500,000

597 Bross St, Cairo, NY 12413

22 rental units on 10 acres with waterfront.

Property Size17,235 SF
Lot Size10.00 Acres
Days on Market107

Property Features for 597 Bross St

General Information

Standard status Active
Size 17,235 SF
Lot size 10.00 Acres
Property subtype Multifamily
Occupancy 100%

Amenities

22-Unit Apartment Community Across Eight Buildings
Expansive 10.5 Acre Site With Scenic Creek And Pond Frontage
Approximately 40% Rental Upside Through Mark-To-Market Rent Growth

Building Details

Building Size 17,235 SF
Units 22
Listing Agency: Marcus & Millichap - New Jersey
Listed By: Brian Kaplan · License #License(s): NJ: 1753184, NY: 10401253635
Source: Marcusmillichap
Added: May 16 Changed: Aug 27 Last Checked: Aug 29 at 6:02AM

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 Marcus & Millichap - New Jersey

Investment Insights

Based on property information with market context.

This property features 22 rental units situated within eight buildings on 10 acres of land. The site offers over 1000 feet of water frontage on the Catskill Creek. All apartments are currently occupied by tenants with yearly leases. Each apartment has been recently remodeled. The buildings are in good condition, with all systems in working order. This property can be combined with an additional listing for a total of 45 apartments. The sale includes two tax IDs.

Key Highlights

  • 22 fully occupied rental units with yearly leases providing immediate income
  • 10 park‑like acres with over 1000' of waterfront on the Catskill Creek
  • All apartments have been recently remodeled

Property Analytics

Current Use

Kevin Witte Productions Film Production

Suggested Use

Top Pick Building Supply Auto Repair Shop Plumbing Service Catering Service Kitchen & Bath Showroom Real Estate Agency

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

7
Businesses Nearby

Demographics for 12413, NY

2,914
Population
1,807
Households
1.6
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
16.6 sq mi
ZIP Area
176
Density / Sq Mi
$53,958
Median Household Income
$46,979
Median Earnings
$1,278
Median Rent
$208,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 22 rental units on 10 acres with waterfront.
Where is this apartment building located?
The property is located at 597 Bross St Cairo, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 22 fully occupied rental units with yearly leases providing immediate income; 10 park‑like acres with over 1000' of waterfront on the Catskill Creek; All apartments have been recently remodeled
More about this property
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