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Seven-Building Apartment Portfolio

62 Main Street, Claverack, NY 12565

For Sale
New
$2,995,000

The Village of Philmont collection includes 27 apartments, with 21 leased according to the October rent roll.

Property Size85,378 SF
Price / SF$35.08
Days on Market2

Property Features for 62 Main Street

General Information

Standard status Active
Size 85,378 SF
Property subtype Residential Income

Site & Location

Highway Access Yes
Public Transit Yes

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Asking Price $2,995,000
Multifamily Units 27

Taxes and HOA fees

Annual Taxes $23,649

Amenities

Common,Full,Storage Space
Yes
First Floor Bedroom,First Floor Full Bath,High Ceilings
Common, Full, Storage Space
No
Public
Driveway

Building Details

Year Built 1979
Buildings 7
Listing Agency: William Pitt Sothebys Int Rlty
Listed By: Sheraz Ali
Source: Suitsre
Added: Nov 12 Changed: Nov 13 Last Checked: Nov 13 at 2:17AM

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 William Pitt Sothebys Int Rlty

Rey
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Investment Insights

Based on property information with market context.

This multifamily portfolio spans seven buildings in the Village of Philmont and contains 27 rented or rentable apartments. The October rent roll shows 21 leased units. Six apartments are vacant, and the portfolio includes updated apartments and bathrooms, facade restoration, insulation improvements, and a change from central oil heat to individual electric systems at 62 Main Street.

The properties are located at 62 Main Street, 20 Church Street, 5 Church Street, 3 Church Street, 3 Elm Street, 7 Canal Street, and 5 Elm Street. They sit within a few walkable blocks of one another. Operations currently use DoorLoop for leasing, rent collection, maintenance coordination, and tenant communications.

Key Highlights

  • Seven buildings with 27 rented or rentable apartments
  • October rent roll reports 21 leased apartments
  • Six apartments are currently vacant

Property Analytics

Lease Details

27
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby

Demographics for 12565, NY

1,402
Population
744
Households
1.9
Avg Household Size
43
Median Age
26%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
1,001
Density / Sq Mi
$62,972
Median Household Income
$32,734
Median Earnings
$1,036
Median Rent
$215,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The Village of Philmont collection includes 27 apartments, with 21 leased according to the October rent roll.
Where is this apartment building located?
The property is located at 62 Main Street Claverack, NY.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Seven buildings with 27 rented or rentable apartments; October rent roll reports 21 leased apartments; Six apartments are currently vacant
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