195 Fishkill Ave

  • Title

    Multifamily Property for Sale

  • City

    Beacon, NY

  • Price

    $1,989,000

  • Cap Rate

    6.4%

  • Gross Leasable Area

    5,849 SF

  • No. Units

    8

  • Price/SF

    $340.06

  • Price/Unit

    $248,625

Not found amenities.

Northeast Private Client Group presents 195 Fishkill Ave, a completely renovated 8 Unit multi-family building in downtown Beacon, NY. This is a high quality, maintenance free asset in a market with a growing need for high-end rentals.

The property was gut renovated in 2017. All units are built to the top of the market standards. The flooring throughout is bamboo and includes a 50 year residential warranty. Kitchens include stainless steel appliances,quartz counter tops, tile back splashes and hardwood cabinets.

The building was designed to be maintenance free and energy efficient. The exterior of the building has a new roof, new windows, Hardi-Plank siding and Azek trim. All units have a Navian on demand water heater and Fujitsu split unit systems with brand new plumbing throughout and brand new 400 amp electric service.Tenants are separately metered for electric and hot water.

All units have a separately numbered parking spot and private storage units in the basement. Security features include indoor and outdoor security cameras (remotely linked to mobile devices), perimeter lighting and fencing.

Beacon is a growing sub market of New York City, easily accessible by the Metro-North Station in town. I-84 is the major highway , located on the city’s north side. It has become a destination for renters attracted to the proximity to
NYC. Beacon has a population of 15,541 with a median income of $45,236.

Beacon, Dutchess County, NY

195 Fishkill Ave Offering Memo