Listed by GREA, Ariel Property Advisors
$52,500,000
18, 24 & 30 Edgewater Place
Details
APN 5.955-19-590.22
Property Type Multifamily
Sub Type Apartment Building
Square Footage 94,737
Units 106
Tenancy Multi
Price per SqFt $554
Year Built 2024
Buildings 3
18 Edgewater Place, Beacon, NY 12508
Marketing description
Beacon, New York has emerged as one of the Hudson Valley's strongest multifamily submarkets—offering a rare combination of lifestyle appeal, transit accessibility, and durable rent growth. Once a quiet river town, Beacon has transformed into a vibrant cultural and residential hub that attracts professionals, creatives, and commuters alike.
Investment highlights
- New Construction Luxury Community: A premier, modern asset completed in 2024, significantly minimizing immediate capital expenditure needs.
- Desirable Institutional Scale: Spans approximately 94,737 gross square feet across 3 separate buildings, containing a total of 106 luxury units.
- Strategic Residential Unit Mix: Comprises an optimized distribution of layouts, including 15 studios, 51 one-bedroom units, 18 two-bedroom/one-bath units, 20 two-bedroom/two-bath units, and 2 premier three-bedroom suites.
- Premium Waterfront Design & Views: Features large picture windows, spacious layouts, private terraces, stainless-steel appliances, and in-unit laundry paired with scenic Hudson River and mountain views.
- Thriving Hudson Valley Submarket: Located in Beacon, NY - a supply-constrained market with a remarkably low 1.6% vacancy rate.
- Walkable Downtown Proximity: Situated just minutes from Beacon's vibrant Main Street retail and restaurant hub, boutique shops, and local cultural anchors like the Dia:Beacon museum.
- Direct Metro-North Commuter Access: Offers seamless connectivity to Manhattan via the nearby MTA Beacon Train Station, featuring hourly direct service and a "Super Express" service reaching Grand Central Terminal in under 90 minutes.
- Protected Market Position & Exceptional Insulation: Positioned as a dominant asset in a severely supply-constrained and highly restrictive development landscape, virtually shielding the property from immediate future rental competition.
Listing Contacts
Listed by GREA, Ariel Property Advisors
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
RD-1.7 ResidentialTwo FamilyDesigned Residence 1700 Square Feet Per Unit Dwelling
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 54 uses
View all 54 uses Last updated Mar 12, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Is there information that looks off?
