$715,000
SOLD MAY 29, 2025

37 Drew Ave Highland Falls, NY 10928

Highlands Neighborhood
5 Beds
4 Baths
4,431 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$161 Per Sq Ft

2% Above List Price

37 Days on Market

Highlights

  • Main Floor Bedroom
  • Storage
  • High Speed Internet
  • Fort Montgomery Elementary School Rated A-
  • Baseboard Heating

About This Home

As of May 2025

A rare find in Highland Falls! This fully rented 4-unit multifamily property is just three blocks from Main Street, offering convenience and steady income. All of the tenants are long-term and most of the kitchens and bathrooms have recently been renovated. Includes basement storage and one parking space.This is a turnkey investment in a high-demand rental area. It's a solid & stable investment with a total income exceeding $80K. Price is firm. Serious inquiries only.

Last Agent to Sell the Property

Elan Assouline

Madison Realty New York Inc License #10401318038 Listed on: 02/26/2025

Last Buyer's Agent

Jyotica Patel

Keller Williams NY Realty License #10401251302

Keller Williams NY Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,819

Year Built

  • Built in 1950

Lot Details

  • 2,500 Sq Ft Lot

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • Storage
  • Partially Finished Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Schools

  • Highland Falls Intermediate School
  • James I O'neill High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 333601-103-000-0009-002.000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,819

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Quadruplex
  • Year Built: 1950
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, High Speed Internet, Storage
  • Full Bathrooms: 4
  • Basement: Partially Finished, Storage Space
  • Total Bedrooms: 5
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Multi Units
  • Heating: Baseboard, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Operating Expense: 18720
  • Annual Water Sewer Expense: 1400

Schools

  • Middle School: Highland Falls Intermediate School

Lot Info

  • Lot Size Acres: 0.0574
  • Lot Size Sq Ft: 2500
  • Building Area Total: 4431
  • Parcel Number: 333601-103-000-0009-002.000-0000
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 5
  • Separate Gas Meters: 4
  • Insurance Expense: 2000

Tax Info

  • Tax Annual Amount: 10819
  • Tax Year: 2024

MLS Schools

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

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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
05/29/2025 05/29/25 Sold $715,000 0.0% $161 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/16/2025 03/16/25 Off Market $715,000 -- --
02/26/2025 02/26/25 For Sale $699,999 0.0% $158 / Sq Ft
12/10/2024 12/10/24 Off Market $1,100 -- --
09/24/2019 09/24/19 Rented $1,150 0.0% --
08/06/2019 08/06/19 For Rent $1,150 +4.5% --
06/02/2019 06/02/19 Rented $1,100 -4.3% --
05/20/2019 05/20/19 Price Changed $1,150 -4.2% $1 / Sq Ft
04/11/2019 04/11/19 For Rent $1,200 +33.3% --
10/30/2016 10/30/16 Rented $900 0.0% --
09/30/2016 09/30/16 Under Contract -- -- --
10/15/2015 10/15/15 For Rent $900 0.0% --
11/08/2013 11/08/13 Sold $195,000 -25.0% $44 / Sq Ft
09/04/2013 09/04/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $260,000 -- $59 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    Elan Assouline

    Madison Realty New York Inc

    (845) 391-0554

    1 in this area

    6 Total Sales

    Elan Assouline
    Section Image

  • J

    Buyer's Agent in 2025

    Jyotica Patel

    Keller Williams NY Realty

    (845) 264-0653

    1 in this area

    4 Total Sales

    Jyotica Patel
    Section Image
  • William Philip

    Seller's Agent in 2019

    William Philip

    Keller Williams Hudson Valley

    (845) 821-6100

    1 in this area

    38 Total Sales

    William Philip
    Section Image
  • Demetrius Selby

    Seller's Agent in 2013

    Demetrius Selby

    Keller Williams Realty Partner

    (845) 542-3969

    18 in this area

    31 Total Sales

    Demetrius Selby
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: 828418

OneKey® MLS

APN: 333601 103-9-2

New York Orange County Highland Falls 10928 Highlands

37 Drew Ave, Highland Falls, NY

This home is located at 37 Drew Ave, Highland Falls, NY 10928 and is currently priced at $715,000, approximately $161 per square foot. This property was built in 1950. 37 Drew Ave is a home located in Orange County with nearby schools including Fort Montgomery Elementary School, Highland Falls Intermediate School, and James I. O'Neill High School.

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