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466 Pennsylvania Ave 9 Unit Apartment Building $1,112,640 CAD ($123,627 CAD/Unit) 12.39% Cap Rate Palenville, NY 12463
Investment Highlights
- Beautiful park-like setting
- 500 ft of road frontage on Pennsylvania Ave
- Large area for off-street parking
- 150 ft of road frontage on Route 23A
- Laundry room
Executive Summary
466 Pennsylvania have is a apartment building comprised of 6 studio apartments, 3 1-bedroom apartments, a retail space, a 400 SF barn and a 400 SF garage.
Property Facts
| Price | $1,112,640 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $123,627 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 5.46 AC |
| Cap Rate | 12.39% | Building Size | 7,360 SF |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | ||
| Zoning | 02 - SINGL | ||
| Price | $1,112,640 CAD |
| Price Per Unit | $123,627 CAD |
| Sale Type | Investment |
| Cap Rate | 12.39% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 5.46 AC |
| Building Size | 7,360 SF |
| No. Stories | 2 |
| Year Built | 1910 |
| Zoning | 02 - SINGL |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
| 1+1 | 3 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 192689-185-000-0001-036-001-0000 | Improvements Assessment | $334,487 CAD |
| Land Assessment | $47,983 CAD | Total Assessment | $382,470 CAD |
Property Taxes
Parcel Number
192689-185-000-0001-036-001-0000
Land Assessment
$47,983 CAD
Improvements Assessment
$334,487 CAD
Total Assessment
$382,470 CAD
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466 Pennsylvania Ave
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