51 North Street, Catskill, NY, 12414
$499,000
activeYear Built
1910
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Value-Add 5 Unit Multifamily Investment Opportunity in the Village of Catskill! Located just one block from vibrant Main Street Catskill, this five-unit apartment building presents an outstanding opportunity for investors, owner-occupants, or those looking to reposition an income-producing asset in one of the Hudson Valley's fastest-growing real estate markets. The property features a desirable unit mix of two one-bedroom apartments, two spacious two-bedroom apartments, and one three-bedroom apartment with a flex space, offering broad rental appeal and strong long-term income potential. Two units are currently vacant, providing the rare opportunity for a new owner to owner-occupy, renovate, or implement a new investment strategy without waiting for tenant turnover. The property is priced to sell with needed TLC including electrical updates and heating system. Positioned in a highly walkable Village location, residents can enjoy easy access to Main Street Catskill, locally owned coffee shops, award-winning restaurants, breweries, boutiques, art galleries, entertainment venues, and the scenic Hudson River waterfront parks. Just minutes away are the Thomas Cole National Historic Site, Dutchman's Landing Park, Subversive Brewing Company, and year-round events that continue to fuel Catskill's revitalization and demand for quality housing. Conveniently located near the Rip Van Winkle Bridge, New York State Thruway (I-87), Hudson, Saugerties, Athens, Albany, Kingston, and the Capital Region, this property offers excellent accessibility for commuters and tenants alike. Whether you're expanding your real estate investment portfolio, completing a 1031 Exchange, seeking a multifamily investment property, or searching for an owner-occupied income property, 51-53 North Street offers exceptional upside, a prime location, and the opportunity to build equity in one of the Catskills' most desirable communities.
Listed by Natasha A. Witka, Century 21 New West Properties
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Aug 22, 2026, 7:12 AM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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