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$2,500,000

Est. payment - /mo

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16 Baths

5,980 SqFt

New

147-151 Grandview AVE Catskill, NY 12414

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,980 sqft

Price per Sqft $418

MLS Listing ID 20256182

Year Built 1940

Annual Tax Amount $25,989

Tax Year 25989

Lot Size 1.970 Acres

Acres 1.97

Property Sub-Type Mixed Use

Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

Property Description

Exceptional 16-Unit Investment Opportunity in the Village of Catskill, NY! A rare opportunity to acquire a third generation owned diversified 16-unit income-producing property in the heart of the Village of Catskill. This property is 1.97 acres and consists of a permitted 8-unit mobile home park paired with a solid brick 8-unit apartment building rich with historical charm, providing multiple revenue streams and strong tenant appeal. With location being key, it's Ideally located within walking distance to Catskill Commons with Walmart, Lowes, pharmacies, restaurants, and everyday essentials, this property benefits from consistent rental demand and excellent tenant convenience. The central village location supports low vacancy, Low turnover rate and long-term occupancy. Another key component to low turnover rate is how well kept the property is. Many upgrades have been done to the property regarding the utilities, common areas, new units, and newly renovated apartments. The brick apartment building features classic architectural character rarely found in today's market, offering durability, timeless appeal, and strong curb presence. The mobile home park provides stable, affordable housing—an increasingly in-demand asset class with attractive operating margins. On-site laundry services provide another convenient amenity for the tenants. Tenants also enjoy immediate access to everything the Catskill region has to offer, including Hudson River waterfront, boat launches, fishing, and scenic walking paths. Catskill Mountains hiking, skiing, and outdoor recreation. Nearby Hunter and Windham Mountains for four-season activities. Local breweries, restaurants, cafes, and arts scene. Short drive to Hudson, Saugerties, and Hudson. Easy access to Amtrak in Hudson and approximately 2-2.5 hours to NYC. This property presents a compelling opportunity for investors seeking strong cash flow, asset diversification, and long-term appreciation in one of Hudson Valley's most desirable and growing rental markets.

Location

State NY

County Greene

Area Village Of Catskill

Zoning Com 1

Rooms

Basement Full

Interior

Heating Baseboard, Natural Gas

Cooling Wall/Window Unit(s)

Flooring Carpet, Ceramic Tile, Vinyl

Exterior

Exterior Feature Lighting

Utilities Available Cable Connected, Sewer Connected, Water Connected

Roof Type Asphalt,Rubber,Slate

Building

Lot Description Back Yard, Cleared, Front Yard, Open Lot

Story 3

Foundation Combination

Sewer Public Sewer

Water Public

Schools

High Schools Catskill School District

School District Catskill School District

Others

Tax ID 172.05-7-15

Acceptable Financing Contract

Listing Terms Contract

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Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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