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14311 Route 9W

New Baltimore, NY 12124
  • $1,395,000
  • STATUS: Active
  • MLS #: 202228506
UPDATED: 23 min ago
$1,395,000
  • 0
    BEDS
  • 3.55
    ACRES
  • 42
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1950
County:
Area:

School Information

School District:

Description

Commercial property consisting of a 12-unit Apartment Building, a Large Single-Family Home, an Office, and a 28-room motel (that is intheprocess of being converted into 16 new apartments). The apartment building is about 50/75% renovated with great tenants, the houseiscurrently vacant but rent-ready, the office is vacant and the motel is under conversion into 16 newly approved apartments. There aretwosections of the Motel, one section is completely gutted and about 75% framed for the new apartments, and the other motel strip has 10originalmotel rooms that could be rented AS-IS and then the last 4 units in that strip are partially gutted. The property is priced for a quick sale.Ownerestimates about $275,000 to complete the property renovation. Income and expense sheet is estimated based on

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© 2022 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2022-12-05T22:12:20.673.
www.518realty.com/homes/133963736
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14311 Route 9W New Baltimore, NY 12124

  • Price: $1,395,000
  • Status: Active
  • On Site: Days
  • Updated: 23 min ago
  • MLS #: 202228506
0
Beds
42
Baths
0
½ Baths
3.55
Acres
1950
Built
County:
Greene
Area:
Greene
High School:
Ravena Coeymans Selkirk Hs
School District:
Ravena-Coeymans-Selkirk
Property Description
Commercial property consisting of a 12-unit Apartment Building, a Large Single-Family Home, an Office, and a 28-room motel (that is intheprocess of being converted into 16 new apartments). The apartment building is about 50/75% renovated with great tenants, the houseiscurrently vacant but rent-ready, the office is vacant and the motel is under conversion into 16 newly approved apartments. There aretwosections of the Motel, one section is completely gutted and about 75% framed for the new apartments, and the other motel strip has 10originalmotel rooms that could be rented AS-IS and then the last 4 units in that strip are partially gutted. The property is priced for a quick sale.Ownerestimates about $275,000 to complete the property renovation. Income and expense sheet is estimated based on
Exterior Features

Architectural Style ApartmentsHotelMixed UseMotelMultiple Dwelling Unit Construction Materials BrickFrame Lot Features LandscapedLevel Parking Features PavedPrivate Parking Total 40.00 Pool Features Above Ground Roof AsphaltShingle Stories 2 Waterfront YN No

Interior Features

Basement FullPartialSlab Building Available Sq Ft 16346.0000 Cooling None Heating BaseboardElectric

Property Features

Association YN No Business Name Budget Motel City Town Taxing Entity New Baltimore Current Use HotelMulti-Family Electric 200+ Amp Service Enhanced Accessible YN No General Taxes 8210.00 General Taxes Description Actual Land Lease YN No Possible Use Apartment PlusHotel/MotelInvestmentMulti-Family Property Sub Type Hotel-Motel Sale Includes Building & LandBusiness & Building School Taxes 15600.00 School Taxes Description Actual Sewer Septic Tank Special Listing Conditions Auction Tax Annual Amount 24517.00 Water Source Public Zoning Commercial

Listing information © 2022 Global MLS.
Listing provided courtesy of Greg Berardi of Berardi Realty: (845) 201-1111.



© 2022 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2022-12-05T22:12:20.673.
 
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