186 County Route 7A Apartments | 186 County Route 7A
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186 County Route 7A Apartments 186 County Route 7A
6 Unit Block of Flats £685,387 (£114,231/Unit) 6.80% Net Initial Yield Copake, NY 12516
Investment Highlights
- Free Market Apartments
- All Separate Utilities
- Washer and Dryer Hookups
- Immediate Rental Upside
- Ample Parking
- Month to Month Leases
Executive Summary
Redwood Realty Advisors is pleased to present a 6-unit multi-family property for sale in Copake, NY. The property consists of two buildings which have two (2) 2 bedroom / 1.5 bathroom apartments and four (4) 2 bedroom / 1 bathroom apartments. The first building serves as a townhouse style duplex that includes the bigger 2 bedroom units. The property was built in 1990 and the tenants pay for their own utilities (electric heat). Located conveniently on Main Street in Copake, the property provides quick access to towns in NY, CT and MA in an area where apartments are scarce. For more information, please reach out to Robert Magrino at (845) 405-6202 or rmagrino@redwoodrealtyadvisors.com.
Property Facts
| Price | £685,387 | Property Subtype | Apartment |
| Price Per Unit | £114,231 | Apartment Style | Townhome |
| Sale Type | Investment | Building Class | C |
| Net Initial Yield | 6.80% | Lot Size | 1.86 AC |
| Gross Rent Multiplier | 9.8 | Building Size | 5,040 SF |
| No. Units | 6 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 1990 |
| Price | £685,387 |
| Price Per Unit | £114,231 |
| Sale Type | Investment |
| Net Initial Yield | 6.80% |
| Gross Rent Multiplier | 9.8 |
| No. Units | 6 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 1.86 AC |
| Building Size | 5,040 SF |
| Number of Floors | 2 |
| Year Built | 1990 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 2+1.5 | 2 | - | - |
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PROPERTY TAXES
| Parcel Number | 103200-187-001-0001-040-200-0000 | Improvements Assessment | £303,137 |
| Land Assessment | £53,264 | Total Assessment | £356,401 |
PROPERTY TAXES
Parcel Number
103200-187-001-0001-040-200-0000
Land Assessment
£53,264
Improvements Assessment
£303,137
Total Assessment
£356,401
zoning
| Zoning Code | 07 (Mixed use) |
| 07 (Mixed use) |
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186 County Route 7A Apartments | 186 County Route 7A
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