87 Overlook Estates, Saugerties, NY

$3,650,000

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2.30

Acres

About 87 Overlook Estates

Apartment complex is located in the hamlet of Glasco, and along the banks of the Hudson River (about 100 miles +/- 1 hr, 45 min from NYC). This 16 residential unit (2-storey townhouse style) complex has 2 additional commercial rentals (Large & Smaller Garage) for a total of 18-units. The property consists of 6 buildings, most of the buildings were constructed around 1989 and the one 3-unit building (that has a 1 car garage for each unit), was constructed around 2017. Each unit is in Very good condition with excellent paying tenants. All roofs, exteriors and interiors are well kept and are in newer/renovated condition. The property has municipal water, sewer and natural gas. Rents are well below market value, and month to month rental agreements. Please see associated doc's for additional information, projected rents for 2023 and pro-forma rent at more fair market rents.

Features of 87 Overlook Estates

MLS® # 20222041
Price $3,650,000
Acres 2.30
Year Built 1989
Type Multi-Family
Sub-Type Multi-Unit
Style APT. COMPLEX
Status ACTIVE

Community Information

Address 87 Overlook Estates
Area Saugerties-town
City Saugerties
County Ulster County
State NY
Zip Code 12477

Additional Information

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Amenities

Amenities GARDEN AREA, PLAY AREA, OTHER/SEE REMARKS
Parking DRIVEWAY, LOT-PAVED, OFF STREET, OTHER/SEE REMARKS, 3 CAR +
# of Garages 4
Garages Garage Detached
View RIVER, SEASONAL
Is Waterfront No

Interior

Interior Features SMOKE DETECTOR, CARBON MONIXIDE DETECTOR, INSULATED DOORS, WALK IN CLOSETS
Appliances DISHWASHER, RANGE, REFRIGERATOR
Heating CENTRAL, DUCTLESS MINI SPLIT SYS
Cooling CEILING FAN, DUCTLESS SPLIT AC UNITS

Exterior

Exterior Features LANDSCAPED, OUTSIDE LIGHTING
Lot Description LEVEL, PARKING LOT, LANDSCAPED, SLOPE-GENTLY, OTHER/SEE REMARKS
Roof ASPH SHINGLE
Construction FRAME/STICK, FRAME/MOD

School Information

District Saugerties Central Schools
Elementary RICCARDI

Additional Information

Zoning HDR
Taxes (total) $34,164
General Tax $13,496
School Tax $20,668

Listing Details

AgentGregory Berardi
OfficeBerardi Realty

Listing Map

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