14311 Rte 9W

New Baltimore, NY 12143

$1,995,000
Price
Beds
9,704 Sq. Ft.
$206 / Sq. Ft.
9,704
Sq. Ft.
$206
per Sq. Ft.

Description

This fully renovated property at 14311 Route 9W in Ravena, NY offers 16 brand-new apartments wtih an office and house in a prime location, just 20 minutes south of Albany and 2 hours north of New York City. The building has undergone a complete gut renovation, featuring 12 one-bedroom units and 4 studio units, all with separate electric and heat. The owner provides hot water for the apartments. Situated on 2.12 acres, this property presents an excellent opportunity for investors seeking a turnkey...This fully renovated property at 14311 Route 9W in Ravena, NY offers 16 brand-new apartments wtih an office and house in a prime location, just 20 minutes south of Albany and 2 hours north of New York City. The building has undergone a complete gut renovation, featuring 12 one-bedroom units and 4 studio units, all with separate electric and heat. The owner provides hot water for the apartments. Situated on 2.12 acres, this property presents an excellent opportunity for investors seeking a turnkey multifamily asset in a growing area.
  1. Listed by Gregory Berardi • Berardi Realty
    P: (845)-389-7895 C: (845)-389-7895 gregberardiwmr@gmail.com
  2. Listed by Megan Rios • Berardi Realty
    P: (914)-388-5794 C: (914)-388-5794 megrios87@gmail.com

Property Details for 14311 Rte 9W

Architectural Style
Ranch, Other
Waterfront YN
No
General Property Information:Waterfront YN
No
LISTING UPDATED: 11/26/2024 04:37 PM

Property Details for 14311 Rte 9W

StatusActive
MLS #20244572
Days on Market21
Taxes$15,149 / year
HOA Fees-
Condo/Co-op Fees$7,776 / month
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1950
Lot Size2.25 AC / 98,010 SF
CountyGreene County

Building Information for 14311 Rte 9W

Stories1Residences17Year Built1950Building Size-Lot Size2.25 AC / 98,010 SF

Property Information for 14311 Rte 9W

Summary
Location and General Information
  • Sign On Property YN: Yes
  • Accessibility Features: Accessible Bedroom
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Directions: I-87 to exit 21B, Follow US-9W N/Rte 9W N to Aquetuck Rd, To Left on to Aquetuck. Will be on your left.
  • Location Tax and Legal:Township: New Balitmore
  • Zoning: COM 1
  • MLS Area Major: Greene
  • Street Name: Route 9w
  • State: NY
  • Zip Code: 12124
  • County: Greene
  • Latitude: 42.449369
  • Longitude: -73.816495
  • Unparsed Address: 14311 Route 9w, New Baltimore, NY 12124
  • Street Number: 14311
  • Location Tax and Legal:Zoning: COM 1
  • General Property Information:Accessibility Features YN: Yes
  • General Property Information:Flood Plain YN: No
  • General Property Information:Sign On Property YN: Yes
  • Road Surface Type:Paved: Yes
Taxes and HOA
  • Location Tax and Legal:General Tax: $4,239
  • Location Tax and Legal:School Tax: $10,910
  • Location Tax and Legal:Village Tax: $0
  • Location Tax and Legal:Tax Annual Amount: $15,149
  • Location Tax and Legal:Tax Assessed Value: $300,200
  • Location Tax and Legal:Tax Lot: 21
  • Location Tax and Legal:Tax Block: 1
  • Tax Assessed Value: 300200
  • Association Fee: $.00
  • Parcel Number: 7.01-1-21
  • Tax Block: 1
  • Tax Lot: 21
  • Tax Annual Amount: $15,149
School Information
  • Location Tax and Legal:School District: Other
Parking
  • Attached Garage YN: No
  • Garage YN: No
  • Parking Features: See Remarks, Paved, Parking Lot
  • General Property Information:Garage YN: No
  • Parking Features:Parking Lot: Yes
  • Parking Features:Paved: Yes
Virtual Tour
  • Total Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Acres: 2.25
  • Lot Features: Back Yard, Garden, Gentle Sloping, Landscaped, Paved
  • Property Condition: Updated/Remodeled
  • Structure Type: Multi Family
  • Below Grade Finished Area: 0.0
  • Total Floor Plans Count: 0
  • Property Type: Residential Income
  • Living Area: 9704.0
  • Property Sub Type: Multi Family
  • Lot Size Units: Acres
  • Lot Size Square Feet: 98010.0
  • General Property Information:Above Grade Finished Area: 9704.0
  • General Property Information:Below Grade Finished Area: 0.0
  • General Property Information:Lot Size Acres: 2.25
  • Lot Features:Back Yard: Yes
  • Lot Features:Garden: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Paved: Yes
Property and Assessments
  • New Construction YN: No
  • Year Built: 1950
  • Video Groups: 0
  • General Property Information:New Construction YN: No
  • Property Condition:Updated/Remodeled: Yes
  • Documents Available:Drawing/Plans: Yes
  • Documents Available:Survey: Yes
Building Information
  • Architectural Style:Ranch: Yes
  • Architectural Style:Other: Yes
  • Green Energy Efficient: Appliances, Insulation, Lighting
  • Other Structures:Gazebo: Yes
Green Features
  • Green Energy Efficient:Insulation: Yes
Utilities
  • Water Source: Public
  • Electric:200+ Amp Service: Yes
  • Sewer:Septic Tank: Yes
  • Water Source:Public: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Frame
  • Other Structures: Gazebo, Storage
  • Window Features: Double Pane Windows
  • Construction Materials:Brick: Yes
  • Construction Materials:Frame: Yes
  • Roof:Shingle: Yes
  • Window Features:Double Pane Windows: Yes
Interior Features
  • Stories: 1
  • Basement YN: No
  • Cooling: Wall/Window Unit(s)
  • Flooring: Combination, Tile, Vinyl, Wood
  • Foundation Details: Slab
  • Heating: Baseboard, Electric
  • Laundry Features: Common Area, Electric Dryer Hookup, Laundry Room, Washer Hookup, See Remarks
  • Interior Features: Eat-in Kitchen, Granite Counters, Low Flow Plumbing Fixtures, Recessed Lighting, See Remarks
  • Bathrooms Total (Integer): 19
  • Bathrooms Total (Decimal): 19
  • Bathrooms Total (Notational): 19
  • Cooling: Yes
  • Heating: Yes
  • Bedrooms Total: 17
  • Green Energy Efficient:Appliances: Yes
  • General Property Information:Basement YN: No
  • General Property Information:Stories: 1
  • Accessibility Features:Accessible Bedroom: Yes
  • Appliances:Range: Yes
  • Appliances:Refrigerator: Yes
  • Cooling:Wall/Window Unit(s): Yes
  • Electric: 200+ Amp Service
  • Flooring:Combination: Yes
  • Flooring:Tile: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Wood: Yes
  • Foundation Details:Slab: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Low Flow Plumbing Fixtures: Yes
  • Interior Features:Recessed Lighting: Yes
  • Laundry Features:Common Area: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Laundry Room: Yes
  • Laundry Features:Washer Hookup: Yes
  • Plumbing:Mixed: Yes
Multi Family
Multi-Family Information
  • Number of Units: 17
  • General Property Information:Number Of Units Total: 17.0
Income & Expenses
  • Gross Income: $259,200
  • Gross Scheduled Income: $259,200
  • Insurance Expense: $7,500
  • Maintenance Expense: $7,776
  • Manager Expense: $0
  • Electric Expense: $2,400
  • Furniture Replacement Expense: $0
Financial Infomation
Income & Expenses
  • Total Annual Expenses: $55,126.00
  • Cable TV Expense: $0
  • Licenses Expense: $0
  • Net Operating Income: $196,298
  • Operating Expense: $55,126
  • Other Expense: $0
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Professional Management Expense: $0
  • Supplies Expense: $0
  • Trash Expense: $4,200
  • Cap Rate: 10.00%
  • Income and Expenses:Cable TV Expense: $0
  • Income and Expenses:Cap Rate: 10.00%
  • Income and Expenses:Electric Expense: $2,400
  • Income and Expenses:Fuel Expense: $3,600
  • Income and Expenses:Furniture Replacement Expense: $0
  • Income and Expenses:Gardener Expense: $6,000
  • Income and Expenses:Gross Income: $259,200
  • Income and Expenses:Gross Scheduled Income: $259,200
  • Income and Expenses:Insurance Expense: $7,500
  • Income and Expenses:Licenses Expense: $0
  • Income and Expenses:Maintenance Expense: $7,776
  • Income and Expenses:Manager Expense: $0
  • Income and Expenses:Monthly Income: $259,200
  • Income and Expenses:Net Operating Income: $196,298
  • Income and Expenses:Operating Expense: $55,126
  • Income and Expenses:Other Expense: $0
  • Income and Expenses:Other Income: $0
  • Income and Expenses:Pest Control Expense: $0
  • Income and Expenses:Pool Expense: $0
  • Income and Expenses:Professional Management Expense: $0
  • Income and Expenses:Sewer Expense: $0
  • Income and Expenses:Supplies Expense: $0
  • Income and Expenses:Total Annual Expenses: $55,126.00
  • Income and Expenses:Trash Expense: $4,200
  • Income and Expenses:Vacancy Allowance: 7776
  • Income and Expenses:Vacancy Allowance Rate: 3.00%
  • Income and Expenses:Water Expense: $8,500.00
Agent
Sale and Listing
  • DOM: 18
  • MLS Approval Status: Yes
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, Hot Water, Insurance, Repairs, Snow Removal, Taxes, Trash Collection, Water, See Remarks
  • Contract Information:Owner Name: Old Stockade Development LLC
  • Remarks and Miscellaneous:Addendum: Owner is in the process of renting the units.
  • Book Information:Section: 7.01
Rental
Rental Information
  • Vacancy Allowance Rate: 3.00%
  • Tenant Pays: Electricity, Other, See Remarks
  • Vacancy Allowance: $7,776.00
  • Owner Pays:Common Area Maintenance: Yes
  • Owner Pays:Exterior Maintenance: Yes
  • Owner Pays:Grounds Care: Yes
  • Owner Pays:Insurance: Yes
  • Owner Pays:Snow Removal: Yes
  • Owner Pays:Taxes: Yes
  • Owner Pays:Trash Collection: Yes
  • Owner Pays:Water: Yes
  • Tenant Pays:Electricity: Yes
  • Tenant Pays:Other: Yes

Public Records for 14311 Rte 9W

Taxable ValueLand$39,200Additions$261,000Total$300,200
Home Facts
Total Finished SqFt9,704 SqFtAbove Grade Finished SqFt9,704 SqFtStories1Lot Size98,010 SqFtStyleHotel / MotelYear Built1950Zoning01 - NOT ZONECountyGREENEAPN194200 7.01-1-21

Schools near 14311 Rte 9W

This home is within Ravena-Coeymans-Selkirk Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Pieter B Coeymans School
PublicPK to 5

Ravena Coeymans Selkirk Middle School
Public6 to 8

Ravena Coeymans Selkirk Senior High School
Public9 to 12

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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14311 Rte 9W is a multi-family home for sale in New Baltimore, NY 12143. This property was listed for sale on November 26, 2024 by Berardi Realty, it's currently listed at $1,995,000. This listing's school district is Ravena-Coeymans-Selkirk Central School District. Nearby schools include Pieter B Coeymans School, Ravena Coeymans Selkirk Middle School and Ravena Coeymans Selkirk Senior High School. 14311 Rte 9W is a 0-bed, 0-bath, 9,704 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 Berardi Realty

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