MLS#1035529
STATUSActive
PROPERTY TYPECommercial -
SCHOOLOnteora
Property Description
Woodstock Apartment Complex - Rare opportunity to acquire an established 15-unit multifamily investment in the Woodstock, NY Hamlet of Wittenberg. Situated on 4.5 acres in a peaceful rural setting, the property combines stable income with significant value-added potential in one of the Hudson Valley's strongest, most sought-after rental markets. The complex consists of 15 studio and one-bedroom apartments housed within a main building which also includes a lobby/common entry area. Two detached outbuildings provide ancillary space for management offices, tenant laundry facilities and additional storage. Designed for efficient operation, each apartment is equipped with individually metered electric service, with electric heat and electric stovetops throughout, allowing tenants to pay for their own utilities. The property is served by a private well and a recently reconstructed septic system completed through the DEP's Catskill Watershed Corporation, providing peace of mind for future ownership. Roofing on the main building is new. Cable/wifi and common area maintenance provided by landlord. Steady passive income generated by a pro forma CAP rate of 7.3 can readily be improved upon. Despite consistently strong rental demand, at least 5 apartment units are scheduled to be delivered vacant, allowing a new owner to address deferred maintenance, upgrade finishes and lease units at market rates without tenant displacement. Great location between the villages of Woodstock and Phoenicia with all the Hudson Valley/Catskill Mountain has to offer--world class natural beauty, hiking, biking, fishing, skiing, arts, live music, culture and cuisine--all in one place!
Property Features
Property Type: Commercial -
Cooling: None
Heating: Electric
Home Style: Flats
Lot Size: 4.50 Acres
Taxes: $13,226
Year Built: 1960
Feature Descriptions
Building Area Total: 5960
Cap Rate: 7
Days on Site: 1
Exterior: Shake Siding
Lot Features: Part Wooded
On Market Date: 2026-08-08
Parcel Number: 5800-036.002-0001-005.000-0000
Parking Features: Common, Off Street, Parking Lot
Parking Total: 15
Rental Term: Monthly
Separate Electric Meters: 16
Sewer: Septic Tank
Tenant Pays: Electricity
Units: 15
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water: Well
Wooded: Yes
Local Schools
School District: Onteora
Listed By / Shown By
Listing By
Agency Name: Halter Associates Realty Inc
Agency Contact: 845-679-2010
Shown By
Agent Name: Nicholas Pappas
Agent Phone: Cell: (631) 433-5256
Agency Title: Coldwell Banker American Homes
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4 White Birch Lane | MLS# 1035529
This commercial property located at 4 White Birch Lane , Mount Tremper, NY 12457 is currently listed for sale with an asking price of $1,775,000. White Birch Lane is located within the Onteora school district. Search Mount Tremper real estate on nicholaspappas.cbamhomes.com today.