190 Grandview Apts Rd, Grand Gorge, NY 12434

$1,250,000
Active for Sale
 
Listing ID 11737773
Property Type Multi-Unit (5+)
County Delaware
Township Roxbury
School ROXBURY CENTRAL SCHOOL DISTRICT
Total Tax $11,784
Tax ID 124800-092.001-0001-004.000
FEMA Flood Map fema.gov/portal
Year Built 1980
   
Virtual Tour

The Grandview Twelve: Turnkey Brick Multi-Family on 3.5 Acres

Discover a rare turnkey multi-family asset in the heart of the Catskills. This commanding 11,704 sq. ft. brick apartment building offers the perfect blend of structural integrity, modern updates, and high-yield potential. Situated on a sprawling 3.5-acre lot, this property provides a sense of space and privacy rarely found in multi-unit investments. A timeless, low-maintenance brick exterior ensures durability and aesthetic appeal for years to come. Peace of mind comes standard with a newer roof, significantly reducing near-term capital expenditure. Fully connected to municipal water and sewer. All 12 units feature a highly marketable 2-bedroom, 1-bathroom configuration, catering to the region's strongest rental demographic. Off-street parking lot accommodates 20+ vehicles, a premium feature for tenants and guests. The 3.5-acre parcel offers potential for outdoor tenant amenities, green space, or future site expansion (subject to local zoning). Located in Grand Gorge, minutes from the crossroads of 2 state highways, this property serves as a central hub between the high-demand ski markets of Windham and Hunter and the growing employment centers in Oneonta and Delhi. With over 11,000 square feet of rentable space and a simplified management profile thanks to the uniform unit layouts, 190 Grandview is a powerhouse addition to any portfolio. Whether you are looking for a steady "buy-and-hold" income stream or a value-add play through cosmetic interior updates, this brick-and-mortar staple is built for long-term appreciation. Schedule your private tour today to witness the scale and stability of this Catskill Mountain landmark.
Property Details
  • 3.50 Acres
  • Built in 1980
  • Partial Basement
Exterior Features
  • Well Water
  • Municipal Sewer
Commercial Info
  • Grandview Development Corp (Business Name)
  • 20 Parking Spaces
Taxes and Fees
  • $5,710 School Tax
  • $6,074 County Tax
  • $11,784 Total Tax
Listed By
WINDSTAR REALTY GROUP LLC
Office: 518-898-4660
Mobile: 518-898-4660
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