MLS#1025171
STATUSActive
PROPERTY TYPECommercial -
SCHOOLCatskill
Property Description
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 and three spacious two-bedroom apartments, 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.
Property Features
Property Type: Commercial -
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Hot Water, Oil
Lot Size: 0.72 Acres
Taxes: $9,401
Year Built: 1910
Feature Descriptions
Building Area Total: 5425
Exterior: Brick, Frame
On Market Date: 2026-07-13
Parcel Number: 192601-156-070-0003-006-000-0000
Parking Features: On Street
Rental Term: Monthly
Sewer: Public Sewer
Units: 5
Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Water: Public
Local Schools
High School: Catskill Senior High School
Middle School: Catskill Middle School
Elementary School: Catskill Elementary School
School District: Catskill
Listed By / Shown By
Listing By
Agency Name: Century 21 New West Properties
Agency Phone: 518-943-2620
Shown By
Agent Name: Nick Sakalis
Agent Phone: (516) 864-8100
Agency Title: Coldwell Banker American Homes
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51 North Street | MLS# 1025171
This commercial property located at 51 North Street , Catskill, NY 12414 is currently listed for sale with an asking price of $499,000. North Street is located within the Catskill school district. Search Catskill real estate on nicksakalis.cbamhomes.com today.