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19-Unit Apartment Compound
For Sale
$1,900,000

69-3769 Ava Maria Dr, Phoenicia, NY 12464

Multi-building rental property with varied apartment layouts, maintained grounds, on-site laundry, and municipal street access.

Property SizeContact for details
Lot Size8.54 Acres
Days on Market346

Property Features for 69-3769 Ava Maria Dr

General Information

Standard status Active
Lot size 8.54 Acres
Property subtype Residential Income

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 3 x studio, 5 x 1BR, 9 x 2BR, 2 x 3+BR
Multifamily Units 19

Additional Details

Cap Rate 8.71%

Taxes and HOA fees

Annual Taxes $20,830

Amenities

on-site coin-operated laundry room
music gazebo
water fountain

Building Details

Buildings 4
Listing Agency: Off The Wall Management LLC
Listed By: Margaret Bryngelson
Source: Exprealty
Added: Sep 20, 2025 Changed: Aug 30 Last Checked: Aug 31 at 7:48PM

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 Off The Wall Management LLC

Investment Insights

Based on property information with market context.

This 19-unit apartment compound occupies 8.54 acres in Phoenicia, New York, with four residential buildings and a mix of studios and one-, two-, and three-plus-bedroom apartments. The property includes mature trees, open fields, ample parking, paved municipal street access, and an on-site coin-operated laundry room. All four buildings have new roofs installed within the last 6 years, and the heating system is maintained under a regular service contract.

The property is within walking distance of downtown Phoenicia and has bus service to and from NYC. Woodstock is approximately 15 minutes away, while Uptown Kingston and the NYS Thruway traffic circle are approximately 30 minutes away. Nearby attractions include the Empire State Railroad Museum, Emerson Spa and Kaleidoscope, Woodland Valley Museum, Catskill Rail Explorers, Esopus Creek, hiking trails, and several winter resorts.

The apartment mix comprises 3 studios, 5 one-bedroom units, 9 two-bedroom units, and 2 three-plus-bedroom apartments. The grounds also contain structures and features associated with the former Tremper House, including a music gazebo and water fountain.

Key Highlights

  • 19‑unit multifamily compound across 8.54 acres
  • Four residential buildings with 3 studios, 5 one‑bedroom units, 9 two‑bedroom units, and 2 three‑plus‑bedroom apartments
  • New roofs on all four buildings within last 6 years

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Florist Auto Repair Shop Acupuncture Restaurant

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

19
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby

Demographics for 12464, NY

955
Population
972
Households
1
Avg Household Size
55
Median Age
46%
College-Educated
97%
High-School Grad
45.3 sq mi
ZIP Area
21
Density / Sq Mi
$75,291
Median Household Income
$955
Median Rent
$368,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Multi-building rental property with varied apartment layouts, maintained grounds, on-site laundry, and municipal street access.
Where is this apartment building located?
The property is located at 69-3769 Ava Maria Dr Phoenicia, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 19‑unit multifamily compound across 8.54 acres; Four residential buildings with 3 studios, 5 one‑bedroom units, 9 two‑bedroom units, and 2 three‑plus‑bedroom apartments; New roofs on all four buildings within last 6 years
More about this property
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