26 W Bridge St Catskill, NY 12414
7
Beds
7
Baths
5,700
Sq Ft
2,614
Sq Ft Lot
Highlights
- High Speed Internet
- Wood Siding
- Heating System Uses Natural Gas
About This Home
As of September 2024Invest 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
Barns & Farms Realty, LLC License #10401332527 Listed on: 04/11/2024
Last Buyer's Agent
Barns & Farms Realty, LLC License #10401332527 Listed on: 04/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,181
Year Built
- Built in 1900 | Remodeled
Lot Details
- 2,614 Sq Ft Lot
Home Design
- 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
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
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
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Oct 22, 1992
Sold by
Waight John
Bought by
Estate Of Orthman Violette Gau
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $320,000 | None Available | |
| Deed | $320,000 | None Available | |
| Deed | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $630,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $270,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $270,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 Compared to Growth
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 | $11,181 | $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
-
G
Seller's Agent in 2024
Gregory Kardos
Barns & Farms Realty, LLC
Map
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 152190
APN: 192601-156-078-0001-007-000-0000
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.
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.
Nearby Homes