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Six-Unit Multifamily Investment
For Sale
$590,000
Pending

62 W Bridge St, Catskill, NY 12414

Turn-key six-unit building offers a mix of studios, one-bedrooms, and two-bedrooms, with tenant-paid electric heat.

Property Size4,596 SF
Days on Market165

Property Features for 62 W Bridge St

General Information

Standard status Pending
Size 4,596 SF
Property subtype Commercial

Additional Details

Business Included Yes
Highway Access Yes
Multifamily Units 6

Building Details

Year Built 1960
Listing Agency: Century 21 New West Properties
Listed By: Natasha A. Witka · License #10491210760
Source: Searchhomesinlongisland
Added: May 6 Changed: Oct 1 Last Checked: Oct 16 at 9:34AM

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 Properties

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Investment Insights

Based on property information with market context.

This turn-key six-unit multifamily property includes two studio apartments, two one-bedroom apartments, and two two-bedroom apartments. Hardwood flooring and bright interior layouts are described as part of the building’s character and finishes. Tenants pay their own electric heat, and there is a spacious backyard for outdoor use.

According to the current setup, two ground floor units (a one-bedroom and a two-bedroom) plus a garage are vacant for owner use. The seller notes that opportunity exists for additional development on the third floor.

The offering is positioned along West Bridge Street in the Village of Catskill, with walkable proximity to Downtown Catskill and the Hudson River waterfront.

Key Highlights

  • Six‑unit multifamily building built in 1960 with a mix of 2 studio, 2 one‑bedroom, and 2 two‑bedroom apartments.
  • Two ground‑floor units (1 bed and 2 bed) plus a garage are currently vacant for owner use.
  • Tenant‑paid electric heat for the units.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Storage Facility Computer & Electronic Repair (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

697
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Turn-key six-unit building offers a mix of studios, one-bedrooms, and two-bedrooms, with tenant-paid electric heat.
Where is this apartment building located?
The property is located at 62 W Bridge St Catskill, NY.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Six‑unit multifamily building built in 1960 with a mix of 2 studio, 2 one‑bedroom, and 2 two‑bedroom apartments.; Two ground‑floor units (1 bed and 2 bed) plus a garage are currently vacant for owner use.; Tenant‑paid electric heat for the units.
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