Historic Two-Family
For Sale
$949,000
61 Schenck Avenue, Beacon, NY 12508
Two residences each provide more than 1,000 square feet, with a detached garage and a full-staircase attic.
Property Size2,136 SF
Price / SF$444.29
Days on Market98
Property Features for 61 Schenck Avenue
General Information
Standard status
Active
Size
2,136 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,537
Amenities
private back deck
attic storage
Building Details
Building Size
2,136 SF
Year Built
1870
Listing Agency:
HomeCoin.com
Listed By:
Jonathan Minerick · License #01523060
(888) 400-2513
Source:
Hhir
Added: Jul 25
Changed: Oct 27
Last Checked: Oct 27 at 3:17AM
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 HomeCoin.com
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Investment Insights
Based on property information with market context.
Built in 1870, this 2,136-square-foot duplex retains original woodwork, built-ins, hardwood flooring in much of the home, and two original staircases. Tall windows and high ceilings bring natural light into generously sized rooms. The two residences each exceed 1,000 square feet and include spacious kitchens. One bathroom has a clawfoot tub alongside a separate glass-enclosed shower. A rear deck overlooks Mount Beacon, while a large attic with a full staircase and three windows adds storage space. The detached two-car garage includes a loft.
The property is two blocks from Main Street in Beacon, near restaurants, boutiques, galleries, and a historic theater.
The property is two blocks from Main Street in Beacon, near restaurants, boutiques, galleries, and a historic theater.
Key Highlights
- 2,136 square feet of finished living space in a two‑family layout
- Built in 1870 with original staircases, preserved woodwork, and built‑ins
- Each residence has more than 1,000 square feet and a spacious kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,632
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,640
$792.6K
Cap Rate 7%
$566,171
$566.2K
Cap Rate 9%
$440,356
$440.4K
Market Conditions
NOI Build-Up for 2,136 SF
Gross rent
$59.7K $27.96/SF
− Vacancy
−$3.1K −$1.45/SF
EGI
$56.6K $26.51/SF
− OpEx
−$17.0K −$7.95/SF
NOI
$39.6K $18.55/SF
Area
Dutchess County, NY
Vacancy
5.20%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,640
Cap Rate 7%
$566,171
Cap Rate 9%
$440,356
Alternative Uses
Best Use
Multifamily LT 5
$566.2K
$495.4K – $660.5K
NOI $39,632 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$524.2K
$458.7K – $611.6K
NOI $36,696 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$643.0K
$562.6K – $750.1K
NOI $45,008 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,106
Businesses Nearby
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Business Placement
Demographics for 12508, NY
19,537
Population
8,798
Households
2.2
Avg Household Size
43
Median Age
41%
College-Educated
86%
High-School Grad
14.4 sq mi
ZIP Area
1,357
Density / Sq Mi
$88,510
Median Household Income
$59,498
Median Earnings
$1,700
Median Rent
$401,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences each provide more than 1,000 square feet, with a detached garage and a full-staircase attic.
Where is this duplex located?
The property is located at 61 Schenck Avenue Beacon, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 2,136 square feet of finished living space in a two‑family layout; Built in 1870 with original staircases, preserved woodwork, and built‑ins; Each residence has more than 1,000 square feet and a spacious kitchen
