For Sale
$475,000

1049 River Rd Selkirk, NY 12158

8-Unit Apartment Building, 2.3 Acres

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 4,246 square foot mixed-use building situated on a generous 2.3-acre lot in Selkirk, New York. Currently operating as an eight-unit long-term boarding house for veterans, the property offers significant potential for various uses. The main building features a main house with three additional rooms, providing ample space for expansion or conversion. Constructed in 1970, the property benefits from public water and septic systems. Its prime location in Albany County, with the address 1049 River Rd, zip code 12158, presents a compelling opportunity for developers seeking a multifamily investment or a prime industrial development site. The property's size and existing infrastructure make it an attractive prospect for those seeking to capitalize on the growing demand for housing or industrial space in the area. The asking price is $475,000. This is a rare chance to acquire a substantial property with considerable upside potential in a desirable location. The property is located in the Town of Bethlehem.

Highlights

  • 2.3-acre parcel in Selkirk, NY.
  • 4,246 square foot mixed-use building with rental units.
  • Prime industrial development site.
  • Eight-unit veteran boarding house.
  • Main house with three additional rooms.
  • Public water and septic; built in 1970.

Property Details for 1049 River Rd

Property type
Apartment buildings
Square Feet
4,246 SF
Year Built
1970
Lot Size (sq. ft)
100,188 SF

Location Insight

City
Selkirk
County
Albany
State
New York
Latitude
42.5504388
Longitude
-73.7699181

FAQs

What type of property is this?
Apartment building - 8-Unit Apartment Building, 2.3 Acres
Where is the apartment building located?
The property is located at 1049 River Rd Selkirk, NY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2.3-acre parcel in Selkirk, NY.; 4,246 square foot mixed-use building with rental units.; Prime industrial development site.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1049 River Rd
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