Multifamily Redevelopment
For Sale
$500,000
7 Church Street, Philmont, NY 12565
A two-unit front building and a four-unit rear shell occupy one parcel in Philmont’s village core.
Property SizeContact for details
Lot Size0.49 Acres
Days on Market51
Property Features for 7 Church Street
General Information
Standard status
Active
Lot size
0.49 Acres
Property subtype
Residential Income
Zoning
GB, General Business
Property Condition
Severity
Major Repairs Needed
Evidence
four-unit shell on a concrete foundation, framing exposed, with no interior walls or plumbing
Additional Details
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$587
Building Details
Year Built
1885
Buildings
2
Units
2
Listing Agency:
Heather Croner R.E. Sotheby's
(845) 677-9822
Listed By:
Kathryn Johnson
(917) 826-7050
Source:
Harringproperties
Added: Sep 6
Changed: Oct 25
Last Checked: Oct 26 at 4:02AM
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 Heather Croner R.E. Sotheby's
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Investment Insights
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The property comprises two buildings on a 0.491-acre lot. The front structure contains two units and features a rounded tower, a curved porch with columns, a leaded gable window, a sound envelope, and three entries. A concrete foundation supports the rear building, a four-unit shell with exposed framing and no interior walls or plumbing. Together, the buildings represent a potential six-unit configuration; there is no current income.
Zoned GB, General Business, the property is within the Philmont National Register historic district. The rehabilitation plan has Part 2 approval from the National Park Service and the New York State Historic Preservation Office for federal and state historic tax credits. Hudson and Amtrak are 15 minutes away, and the site is four blocks from the Summit Mill redevelopment.
Zoned GB, General Business, the property is within the Philmont National Register historic district. The rehabilitation plan has Part 2 approval from the National Park Service and the New York State Historic Preservation Office for federal and state historic tax credits. Hudson and Amtrak are 15 minutes away, and the site is four blocks from the Summit Mill redevelopment.
Key Highlights
- Two buildings on a 0.491‑acre lot
- Front building contains two units; rear shell is configured for four units
- Rear shell has a concrete foundation, exposed framing, no interior walls, and no plumbing
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - A two-unit front building and a four-unit rear shell occupy one parcel in Philmont’s village core.
Where is this multifamily property located?
The property is located at 7 Church Street Philmont, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two buildings on a 0.491‑acre lot; Front building contains two units; rear shell is configured for four units; Rear shell has a concrete foundation, exposed framing, no interior walls, and no plumbing
