147-151 Grandview Avenue, Catskill

$2,500,000

0 Bed
16 Baths
5,980 Sqft
1.97 Acres
0 Garage

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.

Essential Information
MLS® #20256182
Price$2,500,000
Bathrooms16.00
Square Footage5,980
Acres1.97
Year Built1940
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive
Community Information
Address147-151 Grandview Avenue
AreaVillage of Catskill
CityCatskill
CountyGreene
StateNY
Zip Code12414
Amenities
Parking Spaces20
Utilities

Cable Connected, Sewer Connected, Water Connected

Interior
HeatingBaseboard, Natural Gas
CoolingWall/Window Unit(s)
Appliances

Refrigerator, Electric Range, Electric Oven

Exterior
ExteriorBrick, Vinyl Siding
Exterior FeaturesLighting
RoofAsphalt, Rubber, Slate
ConstructionBrick, Vinyl Siding
FoundationCombination
Lot Description

Back Yard, Cleared, Front Yard, Open Lot

School Information
DistrictCatskill School District
Additional Information
ZoningCom 1
Listing Details
AgentBrian Kozloski
Listing Courtesy of Century 21 New West
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