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Seller's Agent in 2024
Gregory Kardos
Kardos & Co Real Estate, LLC
(518) 392-6400
7 in this area
28 Total Sales
Estimated Value: $661,363
Invest in Catskill's Future: Exclusive 7-Unit Development OpportunityStep into a unique investment in the dynamic heart of Catskill with this exclusive 7-unit mixed-use project, offering an ideal blend of residential and commercial potential. This development strikes the perfect balance, featuring six apartments alongside a compelling retail/cafe space, positioned for maximum marketability and profitability.Highlights:Diverse Income Streams: Includes five 1-bedroom units and a spacious 2-bedroom apartment, plus a retail/cafe space for a commercial venture.Efficient Design: Each apartment is crafted for optimal living space with minimal maintenance needs, ensuring a high-quality tenant experience.Advanced Upgrades: Benefit from substantial updates like two new roofs, brand new plumbing and electrical systems, energy-efficient windows, and contemporary kitchens and bathrooms, laying the foundation for a high-value property.Self-Sustaining Units: The design allows for tenants to cover their own heat, electric, and hot water, reducing overhead and enhancing profitability.Projected Financials: Anticipate a strong NOI of $100,000 after completion, marking this project as a standout investment opportunity.This development not only represents a significant investment opportunity but also a chance to shape the fabric of Catskill with your vision. The groundwork has been laid, now it's time for you to finish the story.Experience the Potential Firsthand:Words only capture so much. To fully appreciate the scope and potential of this opportunity, seeing it in person is a must. This is more than an investment; it's a chance to leave a mark on Catskill's future.Act Now:Opportunities like this don't come often. Whether you're looking to expand your portfolio or make a distinctive mark in the real estate world, this Catskill development project is your canvas.
Last Agent to Sell the Property
Kardos & Co Real Estate, LLC License #10491213706 Listed on: 04/11/2024
Last Buyer's Agent
Gregory Kardos
Barns & Farms Realty, LLC
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gsr 26 W Bridge Llc | $320,000 | None Available | |
| Gsr 26 W Bridge Llc | $320,000 | None Available | |
| Estate Of Orthman Violette Gau | $70,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gsr 26 W Bridge Llc | $270,000 | |
| Closed | Gsr 26 W Bridge Llc | $270,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2024 09/12/24 | Sold | $625,000 | -7.4% | $110 / Sq Ft |
| 08/30/2024 08/30/24 | Pending | -- | -- | -- |
| 04/11/2024 04/11/24 | For Sale | $675,000 | -- | $118 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,274 | $158,200 | $8,700 | $149,500 |
| 2023 | $11,111 | $158,200 | $8,700 | $149,500 |
| 2022 | $10,805 | $158,200 | $8,700 | $149,500 |
| 2021 | $6,931 | $158,200 | $8,700 | $149,500 |
| 2020 | $15,901 | $158,200 | $8,700 | $149,500 |
| 2019 | $7,786 | $118,400 | $8,700 | $109,700 |
| 2018 | $7,786 | $53,400 | $8,700 | $44,700 |
| 2017 | $6,759 | $53,400 | $8,700 | $44,700 |
| 2016 | $6,761 | $53,400 | $8,700 | $44,700 |
| 2015 | -- | $53,400 | $8,700 | $44,700 |
| 2014 | -- | $53,400 | $8,700 | $44,700 |
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Seller's Agent in 2024
Gregory Kardos
Kardos & Co Real Estate, LLC
(518) 392-6400
7 in this area
28 Total Sales
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 152190
APN: 192601-156-078-0001-007-000-0000
Ask me questions while you tour the home.