$1,400,000
SOLD MAR 7, 2025

167 New York 23 Claverack-Red Mills, NY 12513

30 Beds
30 Baths
16,000 Sq Ft
2.13 Acres

Recently Sold

$88 Per Sq Ft

24% Below List Price

51 Days on Market

Highlights

  • Deck
  • High Speed Internet
  • Heating System Uses Oil
  • Porch

About This Home

As of March 2025

It's rare to come across such a unique investment opportunity in our area. The current property owner has maintained and cared for this property since 1978, with tenants rarely leaving. Most tenants have resided there for over a decade. The property spans 2.13 acres and comprises four separate buildings, each housing four rental units, totaling 16 apartments. There are 14 two-bedroom apartments and two one-bedroom apartments. Tenants cover their heat and utilities, except for the rear colonial building where the owner pays for oil heat. While only three apartments in the colonial building have dishwashers, all other apartments are furnished with a stove, refrigerator, dishwasher, water heater, microwave, and air conditioner. Tenants have access to two parking lots, with the owner handling trash removal, snow removal, lawn maintenance, and providing coin-operated laundry facilities. All tenants are on a month-to-month lease, and there's a waiting list for apartments. The current annual gross rental income is $137,000 with expenses at $67,139. Rents are currently below market value, averaging $812.00 per apartment. The complex is fully occupied, with one unit under renovation and another used by the owner when in the area. This is a fantastic opportunity for serious investors to benefit from the owner's hard work. Proof of funds is required before showings.

Last Agent to Sell the Property

Rochelle Bartolo

Beach & Bartolo Realtors License #30BA0768848 Listed on: 06/04/2024

Last Buyer's Agent

Chris Tripsas

Reliant Property Services License #10491206824

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 30 Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Basement Fills Entire Space Under The House
  • 2.13 Acre Lot

Community Details

  • 16 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 121.3-2-52

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 2.13
  • Road Surface Type: Paved
  • Co List Office Phone: 518-392-2700
  • MLS Status: Closed
  • General Property Information Lot Size Acres: 2.13
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Well: Yes
  • General Property Information Basement YN: Yes
  • Foundation Details Block3: Yes
  • Meter Information Number Of Separate Gas Meters: 1
  • Location Tax and Legal Town Tax2: 5377.57
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater, Electric Water Heater
  • Interior Amenities: High Speed Internet
  • Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 30
  • Appliances:Electric Water Heater: Yes
  • Full Basement: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Aluminum Siding, Block, Brick, Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Porch
  • Construction Materials:Frame: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Block2: Yes

Utilities

  • Sewer: Septic Tank
  • Electric: 220 Volts
  • Heating: Electric, Oil
  • HeatingYN: Yes
  • Water Source: Well
  • Water Heater: Yes
  • Heating:Electric4: Yes
  • Heating:Oil: Yes
  • Sewer Septic Tank: Yes

Schools

  • Junior High Dist: Hudson

Lot Info

  • Lot Size Sq Ft: 92782.8
  • ResoLotSizeUnits: Acres
  • Parcel Number: 121.3-2-52
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Oil

Multi Family

  • Number Of Units Total: 16

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $1,650 -2.9% $3 / Sq Ft
05/29/2025 05/29/25 Price Changed $1,700 -5.6% $3 / Sq Ft
04/01/2025 04/01/25 For Rent $1,800 0.0% --
03/07/2025 03/07/25 Sold $1,400,000 -24.3% $88 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $1,850,000 -- $116 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Barbara Robinson

    Red Apple Realty

  • R

    Seller's Agent in 2025

    Rochelle Bartolo

    Beach & Bartolo Realtors

  • C

    Buyer's Agent in 2025

    Chris Tripsas

    Reliant Property Services

See All Agents

Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 152736

Hudson Valley Catskills Region Multiple List Service

New York Columbia County Claverack 12513

167 New York 23, Claverack, NY

This home is located at 167 New York 23, Claverack-Red Mills, NY 12513 and is currently priced at $1,400,000, approximately $87 per square foot. This property was built in 1971. 167 New York 23 is a home located in Columbia County with nearby schools including Montgomery C. Smith Elementary School and Hudson Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson Valley Catskills Region Multiple List Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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