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    Red Hook, NY Multifamily Properties for Sale

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    Tivoli, NY Saugerties, NY Rhinebeck, NY Germantown, NY Kingston, NY Lake Katrine, NY Malden On Hudson, NY West Camp, NY
    6 properties
    Converted Duplex on Private Acreage
    Updated: Apr 22
    Converted Duplex on Private Acreage

    32 Old Route 199, Red Hook, NY 12571

    $899,000
    3,500 sqft 4.00 AC lot
    Converted into 2 units with just one wall separating them; can be returned to a single‑family layout
    Unit 1: four bedrooms and three bathrooms, plus finished basement; currently generating steady long‑term rental income
    Unit 2: two bedrooms and two bathrooms; successful Airbnb track record
    Wood‑burning fireplace and an additional wood stove for both residences
    Set on four acres with mature trees and vibrant gardens, plus expansive decks and porches
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    This listing looks promising.

    Here's a quick look at some key insights for

    32 Old Route 199, Red Hook, NY 12571

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    • Est. Cap Rate

      7.2%
      Above avg (5.9%)

    • Est. NOI

      $65K
      Annual

    • Price @ 7% Cap

      $928K
      Above asking

    • Property Type

      Duplex
      Built 1976
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    Legal 7-Unit Multifamily Building
    Updated: Jun 11
    Legal 7-Unit Multifamily Building

    1030 Route 199, Red Hook, NY 12571

    $1,250,000
    10,388 sqft 1.70 AC lot
    Legal 7‑unit multifamily with full occupancy and a mix of 1-, 2-, and 3‑bedroom units
    Unit mix totals 13 bedrooms and 7 full baths plus 1 half bath across all 7 units
    Built in 1975 with brick and aluminum exterior, asphalt roof, and driveway parking
    Heated by oil, baseboard, and electric (heating); flooring includes vinyl, linoleum, carpet, laminate, and hardwood
    Serviced by well water and septic tank sewer; property is mostly fenced
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    Ranch-Style Duplex with Outbuildings
    Ranch-Style Duplex with Outbuildings

    32 Old Route 199, Red Hook, NY 12571

    $899,000
    4.00 AC lot

    Two residential units sit on four acres with decks and porches, plus a studio cottage and former sheep barn storage.

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    Legal 7-Unit Multifamily Property
    Legal 7-Unit Multifamily Property

    1030 Route 199, Red Hook, NY 12571

    $1,250,000

    A fully occupied seven-unit multifamily with a strong unit mix and established outdoor amenities for tenant recreation.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Modern 36-Unit Complex For Sale
    Modern 36-Unit Complex For Sale

    33 Firehouse Ln, Red Hook, NY 12571

    $9,500,000
    5.00 AC lot

    Well-maintained 36-unit complex in Red Hook, Dutchess County.

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    Red Hook Mixed-Use Property
    Red Hook Mixed-Use Property

    7476 S Broadway, Red Hook, NY 12571

    $810,000

    Three-unit mixed-use property in Red Hook, renovated in 2024.

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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 6 Active listings in Red Hook, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Triplex with Private Entrances
    Renovated Triplex with Private Entrances

    2096 Ulster Avenue, Lake Katrine, NY 12449

    $725,000
    3,216 sqft 1.79 AC lot

    Renovated triplex in a 3-family residential zoning district with private entrances and new major systems.

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    Renovated Triplex with Private Entrances
    Renovated Triplex with Private Entrances

    2096 Ulster Avenue, Lake Katrine, NY 12449

    $725,000
    3,216 sqft 1.79 AC lot

    Fully renovated triplex with private entrances for each unit, plus new HVAC, roof, electrical/plumbing, and a sprinkler system.

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    Two-Family Home with Two-Unit Layout
    Two-Family Home with Two-Unit Layout

    195 North Street, Kingston, NY 12401

    $279,900
    1,520 sqft 0.06 AC lot

    Two-family residence with a 1-bedroom and 2-bedroom setup, updated mechanicals, and a detached two-car garage.

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    Kingston Two-Family Home with Garage
    Kingston Two-Family Home with Garage

    195 North Street, Kingston, NY 12401

    $279,900
    1,520 sqft

    Two-unit property with recent upgrades and garage in Kingston.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    89 Acres Vacant Land Catskill
    89 Acres Vacant Land Catskill

    300 Game Farm Road, Catskill, NY 12414

    $899,900
    89.06 AC lot

    89 acres of vacant land near Catskill Game Farm.

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    Expansive Land Parcel in Holmes
    Expansive Land Parcel in Holmes

    545 Grape Hollow Road, Holmes, NY 12531

    $750,000
    2,480 sqft 75.32 AC lot

    75+ acre land parcel with garage near I-84.

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    Brooklyn Two-Family Home with Development Potential
    Brooklyn Two-Family Home with Development Potential

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    2,660 sqft 0.10 AC lot

    Two-family home on a large lot with significant development potential.

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    Flatbush Development Property For Sale
    Flatbush Development Property For Sale

    14 E 32nd Street lot: 13, Brooklyn, NY 11226

    $1,249,000
    1,407 sqft 0.09 AC lot

    40 x 100 lot with R6, C1-2 zoning.

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    Off-Market Properties in Red Hook, NY

    Consider similar Off-Market properties in Red Hook, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    9 Colburn Dr, Unit 21
    MOBILE HOME PARK, TRAILER PARK

    9 Colburn Dr, Red Hook, NY 12571-1648

    Unit 21
    Value Estimation by Request
    784 sqft 0.59 AC lot
    View details
    7330 Broadway
    MOBILE HOME PARK, TRAILER PARK

    7330 Broadway, Red Hook, NY 12571-1600

    Value Estimation by Request
    2,274 sqft 2.49 AC lot
    View details
    27-33 Firehouse Ln
    Multifamily properties

    27-33 Firehouse Ln, Red Hook, NY 12571

    Value Estimation by Request
    72,400 sqft
    View details
    155 Metzger Rd
    MOBILE HOME PARK, TRAILER PARK

    155 Metzger Rd, Red Hook, NY 12571-1843

    Value Estimation by Request
    924 sqft 10.00 AC lot
    View details
    1 Franklin St
    MOBILE HOME PARK, TRAILER PARK

    1 Franklin St, Red Hook, NY 12571-1802

    Value Estimation by Request
    720 sqft 9.80 AC lot
    View details

    Red Hook, NY Multifamily Properties Market Trends and Statistics

    Explore 11 multifamily properties for sale in Red Hook, NY, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 13,888 square feet of properties for sale, with an estimated market value of $2,149,000.

    Sale prices for multifamily properties in Red Hook, NY start at $899,000, averaging $1,074,500, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3
    Duplexes 3
    Short term rental properties 2

    Demographics Overview

    Population 12K
    Population Growth (5Y) +10.0%
    Median Household Income $115,162
    College Educated 60.9%

    High-Yield Neighborhoods for Investment

    Identify Red Hook submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    12571 $1M

    Taxes & Financing

    Tax Rate (average for all types) 1.35%
    Property Tax per SF $31.35 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dutchess County

    New Delisted

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    Featured Red Hook Real Estate Agencies

    Realmo connects you with licensed Red Hook CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    MONDELLO UPSTATE PROPERTIES LLC
    37 WEST MARKET ST POB 75 Red Hook, NY

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