7 Canal Street Claverack, NY $ 4,125,000
7 Canal Street
$ 4,125,000
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7 Canal Street

Claverack, NY, 12565
$ 4,125,000
Baths0.0 Sq 26,606

Monthly Estimate*

$ 25,398

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Studio

Multi-Family Home for sale in Claverack, NY

for $4,125,000. This 26,606 square foot home was built in 1920 on a lot size of 1.96.

The Philmont Collection presents a rare opportunity to acquire a 36-unit multifamily portfolio encompassing nine buildings across seven tax lots in the heart of Philmont's National Register Historic District. Spanning approximately 26,606 square feet, the collection combines immediate scale, strong in-place cash flow, historic character, and meaningful redevelopment potential within one of the Hudson Valley's most closely watched village investment markets. Strategically clustered within a few walkable blocks of one another, the portfolio includes seven stabilized income-producing assets together with two historic value-add buildings, creating a level of operational efficiency and market presence rarely available in a single acquisition. The collection comprises 36 residential units with 48 bedrooms and 28 bathrooms, offering a diverse mix of apartments and duplex residences that support broad tenant appeal and stable occupancy. The stabilized core portfolio is projected to generate approximately $350,000-$360,000 in annual NOI, providing attractive current returns while preserving opportunities for future value enhancement. Ownership has invested substantially throughout the portfolio in capital improvements, infrastructure upgrades, and operational efficiencies designed to improve long-term performance and reduce operating costs. A cornerstone asset within the collection, 62 Main Street has undergone extensive renovation, including updated residential units, restored facade improvements, enhanced insulation, conversion from central oil heat to individual electric systems, and renovated bathrooms. These improvements, together with portfolio-wide upgrades, position the collection as a well-maintained and professionally operated investment. Current operations utilize the DoorLoop management platform for leasing, maintenance coordination, rent collection, tenant communication, applications, and screening, facilitating a seamless transition for future ownership. The portfolio also includes the historic front and rear buildings at 7 Church Street, presenting a compelling redevelopment opportunity within Philmont's historic core. Subject to purchaser verification and approvals, these buildings may be eligible for substantial federal and New York State historic rehabilitation tax incentives, creating a potentially powerful avenue for future value creation and income growth. Long appreciated for its architectural character and strategic location, Philmont continues to attract investors, entrepreneurs, artists, and designers drawn to its affordability relative to neighboring Hudson, its historic building stock, and its ongoing revitalization. Significant public and private investment, adaptive reuse projects, and preservation initiatives continue to strengthen the village's long-term trajectory. Ideally situated just minutes from the Taconic State Parkway and approximately fifteen minutes from Hudson and Amtrak service to New York City, the portfolio enjoys convenient access to the Berkshires, Hawthorne Valley Farm, Art Omi, hiking trails, skiing, boating, waterfalls, acclaimed dining destinations, and the cultural amenities that define the Hudson Valley lifestyle. Combining immediate income, operational scale, historic character, redevelopment potential, and an extraordinary village-wide footprint, The Philmont Collection represents a truly uncommon opportunity to establish a meaningful position within a growing and increasingly recognized Hudson Valley market. MLS information reflects the primary parcel only. Seller reserves the right to sell individual assets or subsets of assets separately from the portfolio offering. Complete financial statements, rent rolls, parcel information, and supporting materials are available upon request. Annual tax amount reflects the entire portfolio.

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Multi-Family Active

Price

$ 4,125,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 36,437

Style

Duplex

Lot Size

1.96

Year Built

1920

Town/City

Claverack

County/Region

Columbia

MLS | Web ID

998452

Features
Interior
Interior Amenities First Floor Bedroom First Floor Full Bath High Ceilings
Basement Common Full Storage Space
Basement Features Common Full Storage Space
Basement (Y/N) Y
Total Bedrooms 0
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General
Sewer Public Sewer
Heating Baseboard Heat Pump Oil
Cooling Ductless
Utilities Electricity Connected Sewer Connected Water Connected
Garage Spaces 2
Construction Materials Wood Siding
Year Built 1920
Property Subtype Duplex
Tax Year 2025
Parcel Number 102801-113-013-0001-023-000-0000
County Columbia County
Property Type Residential Income
Garage Y/N Y
Full Baths 0
High School Taconic Hills Junior/Senior High
City Claverack
Senior Community Y/N N
High School District Taconic Hills
Number Of Units Total 36
Carport Y/N N
Elementary School Taconic Hills Elementary School
Property Attached Y/N N
Tax Annual Amount 36437
Middle/Junior High School Taconic Hills Junior/Senior High
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Taconic Hills
Elementary School District Taconic Hills
Tax Assessed Value 221000
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Exterior
Parking Features Driveway Driveway
Water Source Public
Building Area Total 26606
Waterfront Y/N N
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Internal Only
Street Number 1 7
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* Excluded Features
List By
Dominique C. Shuminova

Listing Agent

William Pitt Sothebys Int Rlty

Broker

Dominique.Shuminova@sothebysrealty.com

Email

Affordability Calculator

$28,435
Per Month
89%
11%
0%
Monthly Principal & Interest
$25,398
Monthly Property Taxes
$3,036
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4099066 Elementary School
4101277 Middle School
Taconic Hills Junior/Senior High High School
Pricing History
DatePricePrice ChangeDescription
6/2/2026$4,125,000 Listed Price

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7 Canal Street, Claverack, NY, 12565 is a Multi-Family Home for sale at $4,125,000 with 26,606 sqft and a lot size of 1.96. 7 Canal Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 12565 which is in Claverack, NY