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29161750

190 Grandview Apartments Rd, Grand Gorge, NY 12434

SM
NY 10401309653
WINDSTAR REALTY GROUP LLC
Listed by WINDSTAR REALTY GROUP LLC
$1,250,000
147 days on market
Updated 23 days ago

Grandview Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Occupancy 90%
Buildings 1
Stories 2
Acreage 3.500
Sale Condition For sale by owner

Multifamily

Marketing description

Property Overview

This 12-unit multifamily property is located in Grand Gorge, NY, in the heart of the Catskill Mountains. The building consists entirely of two-bedroom units and is positioned to benefit from both long-term rental demand and seasonal activity driven by nearby ski destinations.


Location Highlights

  • Minutes to Hunter Mountain, Plattekill Mountain, and Windham Ski Centers

  • Approximately 30 minutes to Oneonta, home to two colleges

  • One hour to Cooperstown Baseball Hall of Fame

  • Convenient access to Interstate 88, connecting Albany and Binghamton

  • Approximately one hour to Albany, the Capital Region’s economic and cultural hub


Market Overview

Grand Gorge offers a low-density, scenic setting with strong regional appeal. Proximity to higher-education institutions, recreation, and major transportation corridors supports consistent rental demand and long-term upside.


Offering Summary

The property is offered at $1.5M and represents a compelling opportunity for cash investors seeking an as-is multifamily acquisition in the Catskills. Suitable for repositioning, operational improvements, or long-term hold strategies.

📌 Serious investor inquiries only. Bring all offers.

Investment highlights

Exciting Real Estate Investment

Opportunity in the Catskill Mountains! A fantastic investment opportunity has come up in Grand Gorge, NY, nestled in the beautiful Catskill Mountains. This 12-unit apartment building, with 2-bedroom units, is ideally located near top attractions such as Hunter Mountain, Plattekill Mountain, and Windham Ski Centers. Plus, it’s within an hour of the Cooperstown Baseball Hall of Fame! The property is just 30 minutes from Oneonta, home to two colleges. Oneonta is nestled in the foothills of the Catskill Mountains along the banks of the Susquehanna River and is centrally located between the urban areas of Binghamton and Albany, with easy access to Interstate 88, the major east/west transportation route between Albany and western New York.

Grand Gorge is also about an hour from New York State’s Capital – Albany - a vibrant city on the Hudson River, serving as the capital of New York State. It's a blend of history, culture, and modern life, known for its rich past and ongoing development. The city is the heart of the Capital Region, boasting a strong educational system, diverse neighborhoods, and a thriving arts and culture scene.

This apartment building is in a quaint hamlet with gorgeous mountain views and is priced at $1.25M. This is a real bargain for the right investor. If you know someone who might be interested in this great investment opportunity, please reach out! PLEASE SHARE.

Call Susan Miller at Windstar Realty at 518-898-4660.

This commanding 11,704 sq. ft. brick apartment building offers the perfect blend of structural integrity, modern updates, and high-yield potential. Situated on a sprawling 3.5-acre lot, this property provides a sense of space and privacy rarely found in multi-unit investments. A timeless, low-maintenance brick exterior ensures durability and aesthetic appeal for years to come. Peace of mind comes standard with a newer roof, significantly reducing near-term capital expenditure. All 12 units feature a highly marketable 2-bedroom, 1-bathroom configuration, catering to the region's strongest rental demographic. Off-street parking lot accommodates 20+ vehicles, a premium feature for tenants and guests. The 3.5-acre parcel offers potential for outdoor tenant amenities, green space, or future site expansion (subject to local zoning). With over 11,000 square feet of rentable space and a simplified management profile thanks to the uniform unit layouts, 190 Grandview is a powerhouse addition to any portfolio. Whether you are looking for a steady income stream or a value-add play through cosmetic interior updates, this brick-and-mortar staple is built for long-term appreciation. Schedule your private tour today to witness the scale and stability of this Catskill Mountain landmark.

Listing Contacts

SM
NY 10401309653
WINDSTAR REALTY GROUP LLC
Listed by WINDSTAR REALTY GROUP LLC

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