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1256 North Avenue, Beacon, NY 12508
$2,625,000
1256 North Avenue, Beacon, NY 12508View this property at 1256 North Avenue, Beacon, NY 12508
1256 North AvenueBeaconNY12508
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Property Description
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.
Full Property Details
Full Property Details for 1256 North Ave
General
- Price: $2,625,000
- Taxes: $26,000
- Status: Active
- Type: Multi-Family
- MLS ID: H6302056
- Updated: 5/20/2024
- Added to Site: 52 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 11
- Full Bathrooms: 11
Bedrooms
- Total Bedrooms: 21
Parking
- Parking Features: Parking Lot, Off Street
Location
- County: Dutchess
- Township: Beacon
- Driving Directions: Beacon Bridge to North Ave. 1256 1/4 mile from light.
School Information
- Elem School District: Beacon
- Midd School District: Beacon
- High School District: Beacon
- Elementary School: South Avenue School
- Middle School: Rombout Middle School
- High School: Beacon High School
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Electric, Baseboard
- Water Heater: Electric Stand Alone
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Detached/Attached: Detached
- Basement: Yes
- Basement Desc.: Bilco Door(s), Full Basement
- Common Walls: No Common Walls
- Square Feet: 8,100
- Sq. Ft. Source: Other
- Year Built: 1950
- Year Built Source: New Construction
Lot Features
- Lot Size (Acres): 0.43
- Lot Size (Sq. Ft.): 18,731
- Lot Size Source: Other
Financial Considerations
- Tax Amount: $26,000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Property ID: 130200-5955-75-850183-0000
Listed by Keller Williams Valley Realty
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Schools
Schools serving 1256 North Ave
School District:Beacon City School District
Rating | Name | Grades | Distance |
---|---|---|---|
101 Matteawan Rd, Beacon, NY 12508 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1256 North Ave
Date
Details
Price
Change
Source
5/13/2024
Price Reduced
$2,625,000
-4.55%
MLS
4/19/2024
Listed
$2,750,000
124.49%
MLS
7/03/2018
Sold
$1,225,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1256 North Ave
Year
Property Taxes
Change
Tax Assessment
Change
2021
$20,515
3%
$533,000
—
2020
$19,873
-14%
$533,000
-13%
2018
$23,169
1%
$611,100
—
2017
$22,938
-4%
$611,100
—
2016
$23,791
-1%
$611,100
—
2015
$24,106
—
$611,100
—
2015
$24,148
4%
$611,100
—
2013
$23,224
—
$611,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1256 North Ave
1256 North Avenue, Beacon, NY 12508 (MLS# H6302056) is a Multi-Family property with 21 units containing 21 bedrooms and 11 full bathrooms. 1256 North Avenue is currently listed for $2,625,000 and was received on April 19, 2024. Want to learn more about 1256 North Avenue? Do you have questions about finding other Multi-Family real estate for sale in Beacon? You can browse all Beacon real estate or contact a Coldwell Banker agent to request more information.