14311 ROUTE 9W New Baltimore NY 12143

This fully renovated property at 14311 Route 9W in Ravena, NY offers 16 brand-new apartments wtih an office and house in a prime location, just 20 minutes south of Albany and 2 hours north of New York City. The building has undergone a complete gut renovation, featuring 12 one-bedroom units and 4 studio units, all with separate electric and heat. The owner provides hot water for the apartments. Situated on 2.12 acres, this property presents an excellent opportunity for investors seeking a turnkey multifamily asset in a growing area.

Investment Highlights – 14311 Route 9W, Ravena, NY

• Fully Renovated Turnkey Asset
  Complete gut renovation with brand-new interiors, systems, and finishes—no deferred maintenance.

• Strong Unit Mix & Separate Utilities
  16 residential units total: 12 one-bedrooms & 4 studios, each with separate electric and heat. Owner supplies hot water, minimizing utility exposure.

• Bonus Structures
  Includes a separate office and house on-site, providing optional additional rental income or owner/management use.

• Strategic Location
  Prime visibility and accessibility along Route 9W, just 20 minutes to Albany and 2 hours to NYC—ideal for commuters and regional tenants.

• Large Lot – 2.12 Acres
  Ample land with potential for additional amenities, parking, or future expansion.

• High Demand Rental Market
  Situated in a growing submarket with strong rental demand and limited new inventory.