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32836027
32836045

296 Main Street, Catskill, NY 12414

Coldwell Banker Village Green Realty - Catskill
Listed by Coldwell Banker Village Green Realty - Catskill
$1,250,000
17 days on market
Updated 15 days ago

296-298 Main Street, Catskill NY 12414

Details
Property Type Retail, Multifamily (+1)
Sub Type Apartment Building, Convenience Store (+1)
Square Footage 7,896
Units 8
Cap Rate 6.11%
NOI $76,369
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 10.17%
Pro-Forma NOI $127,169
Price per SqFt $158
Year Built 1920
Year Renovated 2020
Buildings 2
Acreage 0.170
Zoning 05 CC -.00
Parking Spaces 8 spaces
Parking Per SqFt 1.01
Ground Lease No
Sale Condition N/A

296-298 Main Street, Catskill, NY 12414

Marketing description

Great Investment on Main Street in Beautiful, Thriving Catskill! 2 Buildings with a total of 8 units (2 commercial, 4 one bedroom apartments and 2 two bedroom apartments) fully occupied with month-to-month leases! Tenants pay all of their own utilities and there is off-street parking behind the buildings. Financials available upon request. All but one of the apartments have been recently renovated, and every unit has its own washer/dryer and on demand boiler for heat and hot water. There are separate electric and gas meters for all units and separate water meters for the 5 units in 298 Main. The Village of Catskill was recently awarded a 10 million dollar downtown revitalization grant whose work will bring even more activity to this lovely village, come be a part of this growing artistic community! A 3D Walkthrough Tour is available in the digital Lookbook or by request.

Investment highlights

-Happy to share financials upon request! email [email protected] or call/text 518-313-6936

Listing Contacts

Coldwell Banker Village Green Realty - Catskill
Listed by Coldwell Banker Village Green Realty - Catskill

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$76,369.00
$6,364.08/mo

Valuation Metrics

0
DSCR
6.11%
Cap Rate
6.11%
ROI

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