NOT LISTED FOR SALE

26 W Bridge St Catskill, NY 12414

Estimated Value: $661,363

7 Beds
7 Baths
5,700 Sq Ft
$116/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $625,000 $110 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,449/month

141 Days on Market

Highlights

  • High Speed Internet
  • Wood Siding
  • Heating System Uses Natural Gas

About This Home

As of September 2024

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

Gregory Kardos

Kardos & Co Real Estate, LLC License #10491213706 Listed on: 04/11/2024

Last Buyer's Agent

Gregory Kardos

Barns & Farms Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • 5,700 Sq Ft Home
  • Brick Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Basement

Community Details

  • 7 Units
  • 7 Separate Gas Meters

Listing and Financial Details

  • Assessor Parcel Number 156.78-1-7

Property Details

Home Type

Multi-Family

Year Built

Built in 1900 | Remodeled

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Year Built: 1900
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • MLS Status: Closed
  • New Construction: No
  • General Property Information Lot Size Acres: 0.06
  • Sewer:Public Sewer: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • General Property Information Basement YN: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Foundation Details BrickMortar: Yes
  • Meter Information Number Of Separate Gas Meters: 7
  • Location Tax and Legal Town Tax2: 1756.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater, Electric Water Heater
  • Interior Amenities: High Speed Internet
  • Basement: Concrete
  • Basement YN: Yes
  • Total Bedrooms: 7
  • Appliances:Electric Water Heater: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Concrete: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: None
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Heating: Electric, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Water Heater: Yes
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Catskill

Lot Info

  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel Number: 156.78-1-7
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2020
Sold by
Catskill V Properties Inc
Bought by
Gsr 26 W Bridge Llc
Current Estimated Value
$661,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$236,499
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$424,864

Purchase Details

Closed on
Dec 27, 2019
Sold by
Catskill V Properties Inc
Bought by
Gsr 26 W Bridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$236,499
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$424,864

Purchase Details

Closed on
Oct 22, 1992
Sold by
Waight John
Bought by
Estate Of Orthman Violette Gau
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

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 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gsr 26 W Bridge Llc $270,000
Closed Gsr 26 W Bridge Llc $270,000
Source: Public Records

Property History

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
Source: Hudson Valley Catskills Region Multiple List Service

Tax History

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 152190

Hudson Valley Catskills Region Multiple List Service

APN: 192601-156-078-0001-007-000-0000

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