$425,000
SOLD JUN 30, 2023

54 W Bridge St Catskill, NY 12414

7 Beds
7 Baths
2,184 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$195 Per Sq Ft

11% Below List Price

60 Days on Market

Highlights

  • Deck
  • Hot Water Heating System
  • High Speed Internet
  • Porch
  • Asbestos

About This Home

As of June 2023

Commercially zoned 2-family with an additional detached garage unit in the Village of Catskill with a positive NOI of just under $40K. A full interior renovation was done in 2019 that included; new kitchens, bathrooms, and appliances (ranges, refrigerators, washer/dryer) in both units, the exterior painted, deck & stairs rebuilt, and plumbing updated throughout the home. Additionally, an entire new heating system (Weil McClann boiler) and all heating pipes throughout the home were installed along with a new hot water heater in 2019. In 2021, electrical upgrades were completing including new circuit breakers, new service connection, and rewiring of the upstairs kitchen. Downstairs unit is a 3 bed 1 bath, upstairs unit is a 4 bed 1 bath, and there is an additional 3-bay detached garage being rented out separately. An easy cash-flow opportunity to begin your investment journey in the revitalizing Village of Catskill or a great addition to your portfolio. *Photographs are taken in 2022 prior to tenants moving in. Most large furniture items are included in the sale minus tenant personal belongings.

Last Agent to Sell the Property

Zachary Petrocca

Core Real Estate Team License #10401345541 Listed on: 03/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,979

Year Built

  • Built in 1930

Home Design

  • Frame Construction
  • Asphalt Roof
  • Asbestos

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Hot Water Heating System
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Range
  • Partial Basement
  • 5,227 Sq Ft Lot

Community Details

  • 3 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • The owner pays for electricity, gas
  • Assessor Parcel Number 156.17-2-16

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,979

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • General Property Information Lot Size Acres: 0.12
  • Sewer:Public Sewer: Yes
  • Location Tax and Legal:Tax Annual Amount: 3979.0
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Water Source:Public: Yes
  • General Property Information Basement YN: Yes
  • Meter Information Number Of Separate Gas Meters: 1
  • Location Tax and Legal Town Tax2: 674.92
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater, Refrigerator, Range, Electric Water Heater
  • Interior Amenities: High Speed Internet
  • Basement: Partial, Unfinished
  • Basement YN: Yes
  • Total Bedrooms: 7
  • Appliances:Electric Water Heater: Yes
  • Basement:Partial: Yes
  • Appliances Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Asbestos, Frame, Other
  • Patio And Porch Features: Deck, Porch
  • Construction Materials:Frame: Yes
  • Construction Materials:Other8: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Asbestos: Yes
  • Patio and Porch Features:Porch: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Heating: Hot Water
  • HeatingYN: Yes
  • Water Source: Public
  • Water Heater: Yes
  • Heating:Hot Water2: Yes

Schools

  • Junior High Dist: Catskill

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 156.17-2-16
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas
  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3979.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Jun 30, 2023
Sold by
West Bridge Holdings Llc
Bought by
Gaja Holdings Llc
Seller's Agent
Zachary Petrocca
Core Real Estate Team
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$318,500
Outstanding Balance
$311,215
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$203,666

Purchase Details

Closed on
Nov 21, 2019
Sold by
Coulis Steven and Coulis Steven Norma Steve
Bought by
West Bridge Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 15, 2019
Sold by
Coulis Steven and Coulis Steven Norma Steve
Bought by
West Bridge Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Mar 9, 2018
Closed on
Oct 11, 2018
Sold by
Otoole Lawrence
Bought by
Coulis Steven Norman
Seller's Agent
Robert Stang
LIVEARTHCO CONSULTING LLC
Buyer's Agent
Robert Stang
LIVEARTHCO CONSULTING LLC
List Price
$125,000
Sold Price
$93,500
Premium/Discount to List
-$31,500
-25.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.33%

Purchase Details

Listed on
Mar 9, 2018
Closed on
Oct 5, 2018
Sold by
Otoole Lawrence
Bought by
Coulis Steven Norman
Seller's Agent
Robert Stang
LIVEARTHCO CONSULTING LLC
Buyer's Agent
Robert Stang
LIVEARTHCO CONSULTING LLC
List Price
$125,000
Sold Price
$93,500
Premium/Discount to List
-$31,500
-25.2%
Source: Public Records

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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

Purchase History

Date Type Sale Price Title Company
Deed $425,000 None Available
Deed -- None Available
Deed -- None Available
Deed $93,500 None Available
Deed $93,500 None Available
Not Resolvable $93,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,500 Purchase Money Mortgage
Previous Owner $250,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $250,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Price Changed $525,000 -2.8% $240 / Sq Ft
04/10/2025 04/10/25 Price Changed $540,000 -1.8% $247 / Sq Ft
03/05/2025 03/05/25 For Sale $550,000 +29.4% $252 / Sq Ft
06/30/2023 06/30/23 Sold $425,000 -10.5% $195 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $475,000 +408.0% $217 / Sq Ft
10/05/2018 10/05/18 Sold $93,500 0.0% $43 / Sq Ft
08/14/2018 08/14/18 Off Market $93,500 -- --
08/14/2018 08/14/18 Pending -- -- --
04/16/2018 04/16/18 Price Changed $112,500 -10.0% $52 / Sq Ft
03/09/2018 03/09/18 For Sale $125,000 -- $57 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

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 $5,704 $80,700 $11,200 $69,500
2023 $4,095 $58,300 $11,200 $47,100
2022 $3,982 $58,300 $11,200 $47,100
2021 $2,554 $58,300 $11,200 $47,100
2020 $3,855 $58,300 $11,200 $47,100
2019 $3,695 $58,300 $11,200 $47,100
2018 $3,695 $58,300 $11,200 $47,100
2017 $3,626 $58,300 $11,200 $47,100
2016 $3,589 $58,300 $11,200 $47,100
2015 -- $58,300 $11,200 $47,100
2014 -- $58,300 $11,200 $47,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 145635

Hudson Valley Catskills Region Multiple List Service

APN: 192601-156-017-0002-016-000-0000