Exciting Investment Opportunity in the Catskills!
Welcome to an incredible multi-family property that's not just a building, but a strategic investment opportunity waiting to be seized! Located in the bustling town of Hamden, New York, along State Highway 10, this 5,444 square foot property has been meticulously updated by the current owners. From a brand-new roof, solidified foundation to upgraded electrical, plumbing, heating, and insulation, this building is primed to deliver both immediate returns and long-term value.
Here's a glimpse of what this versatile property offers:
Unit 1: Retail Space - 1,200 sq ft w/ 300 sq.ft front deck on Main Street.
Previously a flower/butcher/design store, this expansive retail area comes with a 300 sq ft deck and new French doors. With features like a powder room, farm sink, and potential for a commercial kitchen, it's perfect for a trendy café or restaurant with both indoor and outdoor seating.
Unit 2A: Retail Space - 350 sq ft
A sleek white-box retail area, currently housing a specialty fashion vintage shop. High ceilings, new ceiling fans, and a connecting door to a studio apartment make this space adaptable for various retail concepts. Currently leased, providing immediate income.
Unit 2B: Studio Apartment - 350 sq ft
Ideal for a live/work lifestyle, this studio apartment boasts a private entrance, 10’ ceilings, and a functional mudroom. Recently renovated with a new bathroom and kitchenette, it offers both comfort and practicality. Currently leased, providing immediate income.
Unit 3: 2 Bedroom Apartment - 950 sq ft
Exuding Parisian-style elegance, this charming apartment offers a sunken kitchen, picturesque windows, and a cozy second bedroom. Ideal for small families or professionals seeking unique living spaces. Currently leased, providing immediate income.
Unit 4: X-Large 2 bedroom apartment. Currently being renovated. 1,000sq.ft
This apartment has a large kitchen and living space, large full bath and two bedrooms. Can be redesigned to your liking - add a balcony to chill out in the trees and have an outdoor space.
Unit 5: 1 Bedroom Apartment - 750 sq ft
Sunlit and spacious, this 1-bedroom apartment features recent upgrades like new wood floors and heating systems. Situated in the back of the building w/ private entrance. Currently leased, providing immediate income.
Unit 7: Large Warehouse - 1,044 sq ft
A versatile canvas for artistic endeavors, this large warehouse space features 18’ high ceilings, making it an ideal spot for artists, creators, or entrepreneurs seeking a dynamic space for their ventures. The space has access with large barn doors and connection to a private shed.
Don't miss out on this diverse investment opportunity in the heart of the Catskills!
