51 North Street, Catskill, NY 12414
Greene County
Key Facts
Description
Value-Add 5 Unit Multifamily Investment Opportunity in the Village of Catskill! Located just one block from vibrant Main Street Catskill, this five-unit apartment building presents an outstanding opportunity for investors, owner-occupants, or those looking to reposition an income-producing asset in one of the Hudson Valley's fastest-growing real estate markets. The property features a desirable unit mix of two one-bedroom apartments, two spacious two-bedroom apartments, and one three-bedroom apartment with a flex space, offering broad rental appeal and strong long-term income potential. Two units are currently vacant, providing the rare opportunity for a new owner to owner-occupy, renovate, or implement a new investment strategy without waiting for tenant turnover. The property is priced to sell with needed TLC including electrical updates and heating system. Positioned in a highly walkable Village location, residents can enjoy easy access to Main Street Catskill, locally owned coffee shops, award-winning restaurants, breweries, boutiques, art galleries, entertainment venues, and the scenic Hudson River waterfront parks. Just minutes away are the Thomas Cole National Historic Site, Dutchman's Landing Park, Subversive Brewing Company, and year-round events that continue to fuel Catskill's revitalization and demand for quality housing. Conveniently located near the Rip Van Winkle Bridge, New York State Thruway (I-87), Hudson, Saugerties, Athens, Albany, Kingston, and the Capital Region, this property offers excellent accessibility for commuters and tenants alike. Whether you're expanding your real estate investment portfolio, completing a 1031 Exchange, seeking a multifamily investment property, or searching for an owner-occupied income property, 51-53 North Street offers exceptional upside, a prime location, and the opportunity to build equity in one of the Catskills' most desirable communities.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1910
Living Area
5,425 sq ft
Lot Size
0.14 acres
Days on Market
7
MLS® Listing#
1025171
Property Features
Cooling
Heating
Parking
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- Catskill Elementary School
- Middle:
- Catskill Middle School
- High:
- Catskill Senior High School
Financial Details
Annual Taxes
$8,850
Assessed Value
$120,100
Parcel Number
192601-156-070-0003-006-000-0000
Directions
From Main St. right onto Cooke St. Property located on the corner if Cooke and North.
Affordability Calculator
$99,800
Estimated monthly payment
$2,656/mo
Principal $399,200 · Est. interest $556,920 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Catskill, NY
- $555,556
- Median Listing Price
- 44
- Median Days on Market
- 1,946
- Median Sq Ft
- $267
- Median Price / Sq Ft
- 26
- Active Listings
- This home’s price is 10% below the area median.
- Its price per sq ft is 66% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Catskill, NY.
Location
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Points of Interest in Catskill, NY
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3 Deer Run West, Catskill, NY | $419,000 | 3 | 2 | 1,450 |
| 129 Gypsy Point Road, Catskill, NY | $425,000 | 5 | 2 | 2,220 |
| 3 Gardiner Street, Catskill, NY | $435,000 | 3 | 2 | 1,706 |
| 7 Deer Run West, Catskill, NY | $436,000 | 3 | 2 | 1,530 |
| 15 Deer Run West, Catskill, NY | $450,000 | 4 | 3 | 1,565 |
| 11 Deer Run West, Catskill, NY | $455,000 | 3 | 2 | 1,655 |
Moving Cost Estimate
EXIT Agents in Catskill
Listing Courtesy: Century 21 New West Properties - 5189432620
Presented by: Natasha A. Witka
Fair Housing Notice