3191 Route 23 Hillsdale, NY $ 1,200,000
3191 Route 23
$ 1,200,000
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3191 Route 23

Hillsdale, NY, 12529
$ 1,200,000
Bedrooms-- Baths6.0 Sq 2,880

Monthly Estimate*

$ 7,486

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Commercial Property for sale in Hillsdale, NY

for $1,200,000 with 6 full baths. This 2,880 square foot building was built in 1970 on a lot size of 6.1.

Beautifully Updated 6-Unit Investment Property in Hillsdale, NY! A turn-key opportunity in the heart of the Hudson Valley, this fully renovated 6-unit apartment building offers modern efficiency and low-maintenance living for tenants and owners alike. Each unit features 2 bedrooms and 1 bath, with bright interiors, private screened porches, and comfortable layouts. Each unit has its own separate electric meter, electric hot water heater and electric heat. Cap rate at asking price when fully rented will be 9.70. Recent upgrades include a brand-new septic system, new municipal water service, and a freshly paved drivewayâ€''providing peace of mind for years to come. The exterior has been fully refinished with contemporary dark siding, crisp white trim, and bold red doors for a clean, modern aesthetic that stands out beautifully against the wooded backdrop. Located just minutes from the charming center of Hillsdale, this property offers excellent rental potential in a strong and steadily growing housing market near Catamount Ski Area, Great Barrington, and the Berkshires. Nestled in the scenic hills of Columbia County, Hillsdale blends small-town charm with outdoor adventureâ€''just over two hours from New York City. Residents and visitors alike enjoy hiking at Bash Bish Falls, skiing at Catamount, and exploring local cafés, farm markets, and art galleries in town. With its low-maintenance appeal, strong rental performance, and highly desirable location, this property makes an ideal addition to any investor's portfolio or a peaceful weekend retreat in the heart of the Hudson Valley.

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Commercial Active

Price

$ 1,200,000

Full Bath

6

Property Type

Commercial

Taxes

$ 11,022

Style

Multi-Family

Lot Size

6.1

Year Built

1970

Town/City

Hillsdale

County/Region

Columbia

MLS | Web ID

20255422

Features
General
Heating Baseboard Electric Separate Meters
Cooling None
Appliances Refrigerator Range Electric Range
Zoning RU
Year Built 1970
Electric 100 Amp Service 200+ Amp Service
Tenant Pays Cable TV Electricity Telephone
Township Hillsdale
Property Subtype Other
Current Use Multi-Family
County Columbia
Net Operating Income 116447.71
Insurance Expense 8448.0
Property Type Commercial Sale
MaintenanceExpense 4190.4
Status Active
City Hillsdale
High School District Taconic Hills Central Schools
MLS Area Hillsdale
Lot Size Units Acres
Lot Size Square Feet 265716.0
Carport Y/N N
Elementary School Taconic Hills Elem
Year Built Details Renovated in 2025
Land Lease Y/N N
Tax Annual Amount 11022.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Hillsdale
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 600000
Tax Lot 23
Cap Rate 9.7
Senior Community None
New Construction None
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Interior
Basement Apartment Storage Space Walk-Out Access
Flooring Ceramic Tile Laminate Luxury Vinyl Wood Other
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Total Baths 6
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Exterior
Exterior Amenities Lighting
Total Parking 12.0
Lot Size Area 6.1
Foundation Details Block
Building Area Total 2880.0
Lot Dimensions Irregular
Lot Size Acres 6.1
Road Surface Type Paved
Waterfront Y/N N
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Internal Only
Street Number 1 3191
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* Excluded Features
List By
Gregory Berardi

Listing Agent

Berardi Realty

Broker

gregberardiwmr@gmail.com

Email

Affordability Calculator

$8,405
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$919
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5135956 Elementary School
3909391 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2025$1,200,000 Listed Price

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3191 Route 23, Hillsdale, NY, 12529 is a Commercial Property for sale at $1,200,000 with 2,880 sqft and a lot size of 6.1. 3191 Route 23 has 6.0 baths and was built in 1970. The property's zip code is 12529 which is in Hillsdale, NY