Multifamily Housing
111 Vineyard Avenue Highland, NY 12528
Details & Description
Price: $1,125,000
    New to the market for the first time in 50 years, this 10 unit apartment assemblage, made up of three 2 unit properties, and one 4 unit property is available to purchase for qualified investors. The portfolio consists of 111 Vinyard Ave (4 Unit), 113 Vinyard Ave (2 Unit), 2 Church St (2 Unit), and 6 Leonta Court, a 2 unit. With each property bordering one another and sharing the two points of ingress/egress along Vinyard Avenue and Leonta Court the properties enjoy a consolidated site plan where all of the parking is central to the properties, with the exception of 2 Church street which has its own private driveway. Priced at an 6.6% cap rate with existing income, this portfolio is ready for its next operator to come in with modern vision and expertise within the multifamily asset class and bring the unrealized value to the property.
    Listing Agents
    Nathan Kanney
    KW Commercial
    O: 845-430-8314
    nate.kanney@kw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    111 Vineyard Avenue

    Highland, NY 12528

    Listing ID: 269740
    • 111 Vineyard Avenue Highland, NY 12528 | for Sale | Photo 1
    • 111 Vineyard Avenue Highland, NY 12528 | for Sale | Photo 2
    • 111 Vineyard Avenue Highland, NY 12528 | for Sale | Photo 3
    111 Vineyard Avenue | for Sale | Thumbnail 1
    111 Vineyard Avenue | for Sale | Thumbnail 2
    111 Vineyard Avenue | for Sale | Thumbnail 3
    Building Size: 8,490 SF
    Lot Size: 0.640 AC
    Land Size: 27,878 SF
    Building $/SF: $132.51
    Land $/SF: $40.35
    Price
    $1,125,000
    Description

    New to the market for the first time in 50 years, this 10 unit apartment assemblage, made up of three 2 unit properties, and one 4 unit property is available to purchase for qualified investors. The portfolio consists of 111 Vinyard Ave (4 Unit), 113 Vinyard Ave (2 Unit), 2 Church St (2 Unit), and 6 Leonta Court, a 2 unit. With each property bordering one another and sharing the two points of ingress/egress along Vinyard Avenue and Leonta Court the properties enjoy a consolidated site plan where all of the parking is central to the properties, with the exception of 2 Church street which has its own private driveway. Priced at an 6.6% cap rate with existing income, this portfolio is ready for its next operator to come in with modern vision and expertise within the multifamily asset class and bring the unrealized value to the property.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Bridgeport History of Multifamily Housing for Sale

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    Highland Area Market Trends

    Listing Demographics for 111 Vineyard Avenue Highland, NY 12528

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3,35641,00381,481
    Population Median Age443638
    Population by Age0-9 Yrs319 (9%)3918 (9%)7540 (9%)
    10-19 Yrs337 (10%)7717 (18%)13366 (16%)
    20-29 Yrs365 (10%)8183 (19%)14552 (17%)
    30-39 Yrs398 (11%)4920 (11%)9556 (11%)
    40-49 Yrs357 (10%)4081 (9%)9343 (11%)
    50-59 Yrs692 (20%)5163 (12%)10706 (13%)
    60-69 Yrs432 (12%)3620 (8%)8353 (10%)
    70+ Yrs456 (13%)3401 (8%)8064 (9%)
    Median HH Income$71,486$48,064$58,038
    Total Household Income< 24K233 (17%)3708 (25%)6599 (21%)
    25-49K238 (18%)3750 (25%)6620 (21%)
    50-74K212 (16%)2486 (17%)5139 (16%)
    75-99K213 (16%)1546 (10%)3744 (12%)
    100-199K353 (26%)2541 (17%)6459 (21%)
    200K+62 (4%)436 (3%)1668 (5%)
    Highest Education LevelNo Diploma32539286568
    Diploma or GED686715914087
    Some College363531410406
    Assoc. Degree31625515870
    Bachelors Degree48833458364
    Higher Degree29722446555
    Total Housing Units1,46216,34133,870
    --Owner-Occupied7445,31314,698
    --Renter-Occupied5689,15515,532
    Owner-Occupied Values< 100K275811405
    100-199K25117644570
    200-299K28819335841
    300-399K985851552
    400-499K70239658
    500K+10210671
    Total Working Age Population2,79735,03969,431
    In Work Force1,76520,79043,076
    Not In Work Force1,03214,24926,355
    Workforce Employed1,71019,06740,053
    Workforce Unemployed551,7223,020
    Civlian Workforce1,76520,78943,074
    Military Workforce012
    Total Households1,31214,46830,230
    Family Households7457,58117,022
    Non-Family Households5676,88713,208
    Married Couple4514,15510,895
    Other Family2943,4276,127
    Married w/Child1691,6093,858
    Single Male w/Child10139514
    Single Female w/Child1511,6662,521

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Dutchess County280,150+6297,488-2292,936-1290,338
    Ulster County177,749+3182,493-2179,009-1176,893

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 111 Vineyard Avenue in Highland?
    The asking price for 111 Vineyard Avenue is $1,125,000
    What is the building size of this Multifamily property in Highland, NY?
    The size of the building/unit at 111 Vineyard Avenue in Highland is 8,490 square feet
    How much land does the Highland, NY property at 111 Vineyard Avenue include?
    111 Vineyard Avenue in Highland includes 0.640 acres of land
    What is the population within 1 mile of 111 Vineyard Avenue in Highland?
    The population within 1 mile of 111 Vineyard Avenue Highland, NY 12528 is 3,356 people.
    Who do I contact for questions about 111 Vineyard Avenue?
    You should contact the listing agent, Nathan Kanney, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    La Guardia Airport (LGA) 65
    Bradley International Airport (BDL) 68
    Newark Liberty International Airport (EWR) 72