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18-30 Edgewater Pl
Beacon, NY 12508
Edgewater Place · Multifamily Property For Sale
·
106 Units
Investment Highlights
- Newly built luxury multifamily community completed in 2024.
- Located in a supply-constrained market with 1.6% vacancy.
- Walkable to Beacon’s Main Street shops, dining, and cultural venues.
- Scenic Hudson River and mountain views from every building.
- Quick access to Metro-North with under 90-minute NYC commute.
- Premium finishes, private terraces, and modern in-unit amenities.
Executive Summary
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.
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.
Property Facts
| Price Per Unit | $701,558 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 11.97 AC |
| No. Units | 106 | Building Size | 94,737 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2024 |
| Apartment Style | Mid-Rise | ||
| Zoning | RD-3 | ||
| Price Per Unit | $701,558 CAD |
| Sale Type | Investment |
| No. Units | 106 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 11.97 AC |
| Building Size | 94,737 SF |
| No. Stories | 4 |
| Year Built | 2024 |
| Zoning | RD-3 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Large Bedrooms
Site Amenities
- Fitness Center
- Walking/Biking Trails
- Elevator
- Maintenance on site
- Key Fob Entry
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 15 | - | - |
| 1+1 | 51 | - | - |
| 2+1 | 18 | - | - |
| 2+2 | 20 | - | - |
| 3+2 | 2 | - | - |
Property Taxes
| Parcel Number | 130200-5955-19-590022-0000 | Improvements Assessment | $1,416,480 CAD |
| Land Assessment | $4,249,440 CAD | Total Assessment | $5,665,920 CAD |
Property Taxes
Parcel Number
130200-5955-19-590022-0000
Land Assessment
$4,249,440 CAD
Improvements Assessment
$1,416,480 CAD
Total Assessment
$5,665,920 CAD
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