1 Church St Philmont, NY 12565
Sponsored
36 Units, High NOI, Value-Add Opportunity
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 1 Church St
General Information
- Property type
- Multifamily properties
Building Details
- Year Built/Renovated
- 1910/2022
- Buildings
- 10
- Units
- 36
HighLights
- Portfolio includes 9 houses, 1 carriage house, and 2 garages, totaling 36 units ranging from studios to 3‑bedroom duplexes.
- Major renovations are complete or in progress at 62 Main Street, 1 Church Street, 7 Canal Street, and 20 Church Street.
- Pro Forma Net Operating Income (NOI) is $433,661.
- 7 Church Street (front and rear buildings) qualifies for approximately 30% NYS and 20% IRS historic tax credits; all approvals secured.
- Property is owner‑managed via DoorLoop software; established contractor network in place.
- Many units feature upgraded heating systems; oil heating removed from all but 9 units.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Philmont
- County
- Columbia
- State
- New York
- Longitude
- -73.6505573
- Latitude
- 42.2492287
Nearby Comparable
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - 36 Units, High NOI, Value-Add Opportunity
Where is this multifamily property located?
The property is located at 1 Church St Philmont, NY.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Portfolio includes 9 houses, 1 carriage house, and 2 garages, totaling 36 units ranging from studios to 3-bedroom duplexes.; Major renovations are complete or in progress at 62 Main Street, 1 Church Street, 7 Canal Street, and 20 Church Street.; Pro Forma Net Operating Income (NOI) is $433,661.
