Property Listing No Longer Available for Sale

449 Main Street, Catskill, NY

Multi-family for Sale - $750,000


Property Info

CIMLS#1088897
Location
  449 Main Street
  Catskill NY 12414
UpdatedFebruary 20th, 2021
TypeMulti-family
Price$750,000

Property Description

Central Commercial 3-Unit on Main Street, Catskill. 8000 Sq. Ft. raw open showroom- possibility to split into 2 ground floor retail units. Multiple egresses onto Bandow's Alley [parallel to Main St.] allow for loading and unloading & dumpster storage. There are Two- 2 Bed/1 Ba Apartments above. The entire building needs TLC including roof & windows. There is opportunity in both the ground floor & apts. Earning Power $70k/yr. Both residences could use a full gut although currently habitable. There is a rear 20 x 15 porch off 3rd Unit and Flat Roof for potential developing overlooking the Catskill Mountains. Located 1 Block from the Catskill Creek, 2 Blocks Rip Van Winkle Bridge & 3 Blocks from Hudson River. 2 Miles From NYS Thruway Exit 21. 6 Miles to Hudson. 15 Miles to Saugerties. Natural Gas- Heating & Electric Meters are split for each unit. Central AC. ONLY Commercial space will be shown on first visit.


Financials