48 Loomis Village Rd Liberty, NY 12754
- Commercial real estate
- 10,054 SF
- 1.61 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 48 Loomis Village Rd
- Year built
- 1920
- Lot size
- 1.61 lot acres
- Property size
- 10,054 SF
- Property type
- Commercial real estate
- APN
- 3689-035-D-0002-002-002
Description
This exceptional 7-unit apartment building presents a compelling investment opportunity in Liberty, New York. Situated on a spacious 1.61-acre lot at 48 Loomis Village Road, this stately brick and steel structure boasts 10,054 square feet and offers a compelling 4.00% cap rate with a Net Operating Income (NOI) of $67,074. Originally constructed in 1920, the property has been meticulously maintained, featuring high ceilings and abundant natural light. The unit mix includes two 1-bedroom, four 2-bedroom, and one 3-bedroom apartment. Each unit has its own electric meter (eight total), with tenants responsible for their electricity. The landlord covers the cost of propane hot water radiator heat for most units
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Liberty
- County
- Sullivan
- State
- New York
- Longitude
- -74.7875793
- Latitude
- 41.7968074