87 Overlook Estates, Saugerties, NY

$3,500,000

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18

Baths

18,000

Square feet

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. Most rents are well below market value, and month to month rental agreements. Please see associated doc's for additional information, projected rents for 2024/25 and pro-forma rent at more fair market rents.

Features of 87 Overlook Estates

MLS® # 20242554
Price $3,500,000
Bathrooms 18.00
Square Footage 18,000
Acres 2.30
Year Built 1989
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

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

Additional Information

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Amenities

Utilities Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Underground Utilities
Parking Other, See Remarks, Paved, Parking Lot, Off Street, Driveway
# of Garages 5
View River
Is Waterfront No

Interior

Interior Features Breakfast Bar, Eat-in Kitchen, Kitchen Island, Pantry, Walk-In Closet(s), Other
Appliances Refrigerator, Range, Electric Water Heater, Dishwasher
Heating Baseboard, Central, Ductless, Electric, Forced Air, Hot Water, Natural Gas
Cooling Ceiling Fan(s), Ductless, None
Fireplace No

Exterior

Exterior Frame, Vinyl Siding
Exterior Features Garden, Lighting
Lot Description Garden, Gentle Sloping, Landscaped, Level, Other, See Remarks
Roof Asphalt, Shingle
Construction Frame, Vinyl Siding
Foundation Block, See Remarks

School Information

District Saugerties Central Schools
Elementary Riccardi K-6

Additional Information

Zoning HDR
Short Sale No
RE / Bank Owned No
General Tax $12,987
School Tax $20,063

Listing Details

AgentGregory Berardi
OfficeBerardi Realty

Listing Map

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