NOT LISTED FOR SALE

22 Mearns Ave Highland Falls, NY 10928

-- Bed
-- Bath
8,570 Sq Ft
0.41 Acres

Last Sold January 24, 2023

Last sale price $1,200,000 $140 Per Sq Ft

24 Days on Market

About This Home

As of January 2023

Three buildings consisting of 9 residential units. Three 1BR apartments, Three 2BR apartments, Two 3BR apartments and One 4BR apartment. Potential gross income over $175,000 when fully rented. Updates throughout the property - most apartments have been renovated and are in move-in condition. Laundry on-site for additional landlord income. Handyman will assist in showing the buildings but showings are limited and may not get in to all units on the first pass so as to disturb the occupants as little as possible. See attached associated for more information about occupancy, projected income/expenses, rental rates and utilities. Great opportunity for moneymaking property. Easy to rent location just outside of West Point.

Last Agent to Sell the Property

Brian Smith

River Realty Services, Inc. License #30SM0865254 Listed on: 07/29/2022

Co-Listed By

Lee Raphael

River Realty Services, Inc. License #10311204404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,005

Year Built

  • Built in 1960 | Remodeled in 2019

Lot Details

  • 0.41 Acre Lot
  • No Common Walls

Home Design

  • Frame Construction

Interior Spaces

  • 8,570 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 10 Parking Spaces
  • Parking Lot

Schools

  • Fort Montgomery Elementary School
  • James I O'neill High School

Utilities

  • No Cooling
  • 4 Heating Zones
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 333601-111-000-0001-006.000-0000

Community Details

Overview

  • 9 Units

Building Details

  • 9 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,005

Year Built

Built in 1960 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1960
  • Year Built Effective: 2019
  • Attribution Contact: 845-564-2800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: Full, Unfinished
  • Living Area: 8570.00
  • Square Footage: 8570.00

Exterior Features

  • Construction Materials: Frame

Garage/Parking

  • Total Parking Spaces: 10.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Parking Lot

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Oil, See Remarks
  • Hot Water: Electric Stand Alone, Gas Stand Alone
  • Heating Zones: 4
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.4100
  • Lot Size Sq Ft: 17999.00
  • Lot Size Units: Acres
  • Parcel Number: 333601-111-000-0001-006.000-0000
  • Property Attached: No

Tax Info

  • Close Date: 2023-01-24
  • Tax Annual Amount: 22005.00
  • Tax Map Number: 333601-111-000-0001-006.000-0000

Multi Family

  • Units Total: 9
  • 1 Bedrooms: 3
  • Two Bedrooms: 3
  • Three Bedrooms: 2
  • Four Bedrooms: 1
  • Separate Electric Meters: 9
  • Separate Gas Meters: 1

MLS Schools

  • Elementary School: Fort Montgomery Elementary School
  • High School: James I O'Neill High School
  • Middle School District: Highland Falls

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
01/24/2023 01/24/23 Sold $1,200,000 -14.3% $140 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $1,399,900 -- $163 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Smith

    Seller's Agent in 2023

    Brian Smith

    River Realty Services, Inc.

    (908) 310-9164

    1 in this area

    326 Total Sales

    Brian Smith
    Section Image
  • Lee Raphael

    Seller Co-Listing Agent in 2023

    Lee Raphael

    River Realty Services, Inc.

    (914) 474-8146

    1 in this area

    463 Total Sales

    Lee Raphael
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6202115

OneKey® MLS
New York Orange County Highland Falls 10928

22 Mearns Ave, Highland Falls, NY

Not Listed for Sale

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