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1 18 Willow Way

Rhinebeck, NY 12572

– beds
– baths
25,121 sqft
~7 acre lot
$139 per sqft
1960 build
– on site

This well maintained 18-unit garden style apartment complex presents a prime value-add investment opportunity in a sought-after Rhinebeck, NY location. The property comprises a mix of unit types, including 14 spacious two-bedroom apartments, 3 one-bedroom plus den units, and one studio apartment, along with a two-car garage. The property boasts impressive landscaping, creating a serene and welcoming environment for residents. Plenty of parking available for both tenants and guests, ensuring convenience and ease of access. The units feature a mix of ground-floor flats, two-level townhome-style layouts with 2 bedrooms and 1.5 baths, and a few mixed floor plan units. This variety adds character and charm to the complex, appealing to different tenant preferences.

Listing courtesy of ONEKEY / BHHS Hudson Valley Properties

Last checked: Checking… • Last updated Apr 15, 2024 •

MLS# H6300748 —

The Building

Year Built:

1960
Year Built Effective:

2007
Year Built Source:

Estimated
Construction Materials:

Frame, Brick, HardiPlank Type, Vinyl Siding
Basement:

Crawl Space, Full, Partial, None, Unfinished, Walk-Out Access
Common Walls:

2+ Common Walls
Patio And Porch Features:

Deck, Patio
Building Area Units:

Square Feet

Interior

Interior Features:

High Speed Internet, Storage

Room Dimensions

Living Area:

25121
Living Area Units:

Square Feet

Location

Directions:

From Rhinebeck Village, take E Market St (RT-308). Go for 3.3 mi and take a right onto Salisbury Tpke (CR-52). Go for 0.8 mi. to Willow Way on the left.

The Property

Property Type:

Residential Income
Property Subtype:

Multi Family
Property Attached:

true
Lot Features:

Level, Part Wooded
Lot Size Acres:

6.82
Lot Size Area:

6.82
Lot Size SqFt:

297079
Lot Size Units:

Acres
Lot Size Source:

Other
Parcel Number:

135089-6371-00-336009-0000
Road Responsibility:

Public Maintained Road

Listing Agent

Contact info:

Taxes

Tax Map Number:

135089-6371-00-336009-0000
Tax Annual Amount:

41862
Tax Assessed Value:

2849000

The Listing

Buyer's Brokerage Compensation:

2%

Heating & Cooling

Heating:

Electric, Oil, Propane, Forced Air
Cooling:

true

Utilities

Sewer:

Septic Tank
Water Source:

Well

Schools

Elementary School:

Chancellor Livingston Elementary Sch
Elementary School District:

Rhinebeck
Middle Or Junior School:

Bulkeley Middle School
Middle Or Junior School District:

Rhinebeck
High School:

Rhinebeck Senior High School
High School District:

Rhinebeck

The Community

Senior Community:

false

Parking

Garage:

false
Garage Spaces:

2
Attached Garage:

true
Parking Total:

40
Parking Features:

Attached, 2 Car Attached, Common, Parking Lot, No Garage

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
4/15/24 Apr 15, 2024	Listed / Active	ONEKEY	$3,500,000

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This multifamily located in Rhinebeck, NY 12572 is currently for sale for $3,500,000. 1 18 Willow Way is a 25,121 square foot multifamily with – beds and – baths that has been on Estately for 17 days. This multifamily is in the attendance area of Rhinebeck Senior High School, Bulkeley Middle School, and Chancellor Livingston Elementary School.

Listing Courtesy of: ONEKEY and BHHS Hudson Valley Properties.

IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.