Active

1256 North Avenue

Beacon NY, 12508

$2,625,000


$324.07 per sqft

Active

21 Beds

11 Baths

8,100 sqft

Multi-family

Built in 1950

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.

H6302056

MLS ID

April 19, 2024

Listed

November 25, 2024

Updated

Map

1256 North Avenue
Beacon NY, 12508

Interior Features

Bedrooms

21


Total Bathrooms

11


Full Bathrooms

11


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Electric, Baseboard

Exterior/Building Features

Lot Size

0.43 Acres


Sewer

Public Sewer

School Information

School District

Beacon


High School

Beacon High School


Elementary School

South Avenue School

Other Property Details

Taxes

$26,000


Tax Frequency

Annually


Garage

No


Parking

Parking Lot, Off Street


View

No


County

Dutchess


Municipality

Beacon


Water Source

Public


Pool

No

Listing History

Date

Event

Price

5/13/2024

Price change

$2,625,000

-5%

Listed by Robert B Donnelly  with Keller Williams Valley Realty
Listing Contact: (201) 391-2500 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Phil Szumlaski shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 10:44 PM UTC, 11/25/2024

  

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