Courtesy: Compass Greater NY, LLC
914-238-0676
Calling all investors! A great opportunity to acquire an income-producing asset with value-add potential, featuring two buildings on one parcel in the heart of Standfordville. The site is over an acre with great frontage on NYS Rt 82. This property has four units consisting of one vacant space that was used as a commercial office in years past (with potential for residential conversion), and three occupied residential units. Strong historical occupancy and cash flow with opportunity to add additional value. Site is proximate to Stanford Fire house, Bank of Millbrook, Central Hudson Gas & Electric, along with town municipal offices. Many updates include new roof on two-family building, hot water heater, oil tank, well pump, and up-to-date routine mechanical servicing.
Stanfordville is located in New York. Stanfordville, New York has a population of 2,206. Stanfordville is less family-centric than the surrounding county with 17.17% of the households containing married families with children. The county average for households married with children is 29.92%.
The median household income in Stanfordville, New York is $78,571. The median household income for the surrounding county is $87,112 compared to the national median of $69,021. The median age of people living in Stanfordville is 47.8 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 12.3 degrees. The average rainfall is approximately 46.5 inches per year, with 44 inches of snow per year.
