1256 North Avenue

Beacon, NY 12508

$2,625,000
Price
21
Beds
11
Baths
8,100 Sq. Ft.
$324 / Sq. Ft.
8,100
Sq. Ft.
$324
per Sq. Ft.

Description

Rare 10% CAP - Almost Ready Beacon Multifamily Property Premium Opportunity in Prime Location Welcome to this exceptional multifamily property in the heart of Beacon, NY! This unique investment opportunity offers a combination of commuter rentals and Air B&B potential, perfect for savvy investors and entrepreneurs. Recently Renovated The property has undergone significant renovations, with 7 apartments on the 2nd and 3rd floors nearing completion. First Floor Flexibility The 1st floor features 14...Rare 10% CAP - Almost Ready Beacon Multifamily Property Premium Opportunity in Prime Location Welcome to this exceptional multifamily property in the heart of Beacon, NY! This unique investment opportunity offers a combination of commuter rentals and Air B&B potential, perfect for savvy investors and entrepreneurs. Recently Renovated The property has undergone significant renovations, with 7 apartments on the 2nd and 3rd floors nearing completion. First Floor Flexibility The 1st floor features 14 units configured as a Single Resident Occupancy/Air BNB Hostel-Style layout, providing flexibility and versatility for short-term rentals or long-term leases. Prime Location Conveniently next to the Newburgh/Beacon Bridge and close to the direct train to Grand Central Station. Beacon is a prime residential area, boasting the Dia. Beacon Museum, many shops and food establishments.
  1. Listed by Robert B Donnelly • Keller Williams Valley Realty
    P: (201)-391-2500 C: (914)-649-8692 commercialbob26@gmail.com

Property Details for 1256 North Avenue

Township
Beacon
Garage Spaces
.00
LISTING UPDATED: 05/20/2024 02:10 PM

Property Details for 1256 North Avenue

StatusActive
MLS #H6302056
Days on Market251
Taxes$26,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1950
Lot Size0.43 AC / 18,731 SF
CountyDutchess County

Building Information for 1256 North Avenue

Stories-Residences21Year Built1950Building Size-Lot Size0.43 AC / 18,731 SF

Property Information for 1256 North Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Directions: Beacon Bridge to North Ave. 1256 1/4 mile from light.
  • Year Built Source: New Construction
  • Year Built Effective: 2024
  • Property Attached: No
  • Structure Type: false
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Beacon
  • Elementary School District: Beacon
  • Elementary School: South Avenue School
  • Middle Or Junior School District: Beacon
  • Middle Or Junior School: Rombout Middle School
  • High School District: Beacon
  • High School: Beacon High School
Unit Information
Unit Information
  • Building Units Total: 21
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 130200-5955-75-850183-0000
  • Tax Map Number: 130200-5955-75-850183-0000
  • Tax Assessed Value: $533,000.00
Interior and Exterior Features
Interior Features
  • Amenities: Public
  • Living Area Units: Square Feet
  • Basement: Bilco Door(s), Full
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: Parking Lot, Off Street
  • Elevation Certificate: No
Lot Information
  • Building Area Units: Square Feet
Parking
  • Parking Features: Parking Lot, Off Street
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Electric, Baseboard
  • Heat Fuel Type: Electric, Baseboard
  • Number Of Separate Gas Meters: 1
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 8
Green Features
  • Green Features: Electric, Baseboard

Property History for 1256 North Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1256 North Avenue

Taxable ValueLand$30,000Additions$503,000Total$533,000
Tax Record2020$19,873 ($1,656 / month)
Home Facts
Beds0Lot Size18,731 SqFtStyleMiscellaneous ResidentialZoningR1-7.5CountyDUTCHESSAPN130200 5955-75-850183-0000

Schools near 1256 North Avenue

This home is within Beacon City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
South Avenue School
PublicPK to 5

Rombout Middle School
Public6 to 8

Beacon High School
Public9 to 12

J V Forrestal Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1256 North Avenue is a multi-family home for sale in Beacon, NY 12508. This property was listed for sale on April 19, 2024 by Keller Williams Valley Realty, it's currently listed at $2,625,000. It has been on the market for a total of 251 days and was last sold on June 8, 2022. This listing's school district is Beacon City School District. Nearby schools include South Avenue School, Rombout Middle School and Beacon High School. 1256 North Avenue is a 21-bed, 11-bath, 8,100 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Valley Realty

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale or lease on this webpage comes from the the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS. Real estate listings held by brokerage firms other than Compass are marked with a OneKey® MLS, Columbia Greene Northern Dutchess MLS, or Ulster County Board of REALTORS Logo. Use of these search facilities other than by a consumer seeking to purchase or lease real estate is prohibited. The accuracy of all information is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Information Copyright 2024, OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS. All rights reserved. Data last updated: 05/20/2024 02:10 PM