87 Overlook Estates

Saugerties, NY, 12477

$3,650,000

$3,650,000
Pending
Pending
 - For Sale
property_type
Multi-family
calendar
Built 1989
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. Rents are well below market value, and month to month rental agreements. Please see associated doc's for additional information, projected rents for 2023 and pro-forma rent at more fair market rents.
MLS® ID:
20222041
Listed:
6/27/22
Updated:
9/28/22
Four Seasons Sotheby's International Realty
Sherret Chase

Interior Features

Kitchen Appliances
DISHWASHER, RANGE, REFRIGERATOR
Total Bedrooms
0
Total Bathrooms
0
Interior Features
SMOKE DETECTOR, CARBON MONIXIDE DETECTOR, INSULATED DOORS, WALK IN CLOSETS
Floor Description
CARPET, CERAMIC, HARDWOOD
Cooling
CEILING FAN, DUCTLESS SPLIT AC UNITS
Heating
CENTRAL, DUCTLESS MINI SPLIT SYS

Exterior/Building Features

Lot Size
2.3 acres lot
Exterior Features
LANDSCAPED, OUTSIDE LIGHTING
Architectural Style
APT COMPLEX
Lot Details
LANDSCAPED, LEVEL, PARKING LOT, SLOPE-GENTLY, OTHER/SEE REMARKS
Roof
ASPH SHINGLE
Sewer
COMMUNITY

School Information

School District
Saugerties Central Schools
Elementary School
RICCARDI K-6

Other Property Details

Area Name
Saugerties-town
Taxes
$34164
Tax Frequency
per YEAR
HOA Amenities
GARDEN AREA, PLAY AREA, OTHER/SEE REMARKS
Garage
Yes
Parking
DRIVEWAY, LOT-PAVED, OFF STREET, OTHER/SEE REMARKS, 3 CAR
View
Y
County
Ulster County
Water Source
COMMUNITY
Pool
No
Zoning
HDR

Property History

Date
Event
Price
Value
9/14/22
Pending
-
-

 

Courtesy of Berardi Realty, Gregory Berardi

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sherret Chase shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2022 Multiple Listing Service of Ulster County. All Rights Reserved.

Data last updated 2:31 AM UTC, 9/28/22

Four Seasons Sotheby's International Realty
Sherret Chase
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