87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
87 Overlook Estates
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$3,500,000

87 Overlook Estates

18 Baths 18,000 Sq.Ft.

Description

Apartment complex is located in the hamlet of Glasco, and along the banks of the Hudson River (about 100 miles +/- 1 hr, 45 min from NYC). This 16 residential unit (2-storey townhouse style) complex has 2 additional commercial rentals (Large & Smaller Garage) for a total of 18-units. The property consists of 6 buildings, most of the buildings were constructed around 1989 and the one 3-unit building (that has a 1 car garage for each unit), was constructed around 2017. Each unit is in Very good condition with excellent paying tenants. All roofs, exteriors and interiors are well kept and are in newer/renovated condition. The property has municipal water, sewer and natural gas. Most rents are well below market value, and month to month rental agreements. Please see associated doc's for additional information, projected rents for 2024/25 and pro-forma rent at more fair market rents.

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Location

87 Overlook Estates, Saugerties, NY 12477

Status

For Sale

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Greg Berardi

Greg Berardi

TITLE

Broker | Owner

LICENSE

10991234246

Property Amenities

Interior
Laundry room Electric Dryer Hookup, In Unit, Inside, Laundry Room, Washer Hookup
Appliances Refrigerator, Range, Electric Water Heater, Dishwasher
Flooring Carpet, Ceramic Tile, Hardwood, Luxury Vinyl, Vinyl
Other Interior Features Breakfast Bar, Eat-in Kitchen, Kitchen Island, Pantry, Walk-In Closet(s), Other
Area & Lot
Lot Area 2.3 Acres
Living area 18,000 Sq.Ft.
MLS® ID 20242554
Year Built 1989
School District Saugerties Central Schools
Elementary School Riccardi K-6
View Description River
Type Multi-Family
Status For Sale
Exterior
Stories 2
Air conditioning Ceiling Fan(s), Ductless, None
Heat type Baseboard, Central, Ductless, Electric, Forced Air, Hot Water, Natural Gas
Water Source Public
Garage Space 5.0
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Public Sewer
Other Exterior Features Garden, Lighting
Parking Other, See Remarks, Paved, Parking Lot, Off Street, Driveway
Lot Features Garden, Gentle Sloping, Landscaped, Level, Other, See Remarks
Roof Asphalt, Shingle
Utilities Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Underground Utilities
Finance
Sales Price $3,500,000
Real Estate Tax $33,050 yearly
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 87 Overlook Estates, Saugerties, NY 12477. We are reviewing your request and will be in touch shortly!

Ulster County

Work with Megan

Megan is here to assist you through every step of the process and takes pride in being an expert in the field. I eagerly anticipate the opportunity to collaborate with you and facilitate the sale of one of your most significant assets. Contact me today!