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  • 75-35 31st Avenue, STE 202
    Jackson Heights, NY 11370
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Home / Monroe / Address Not Shown
Address Not Shown Monroe, NY 10950 View All Photos

$4,850,000

| Active

Address Not Shown

Monroe, NY 10950

20,211
Square Feet
52
Beds
25
Baths
11.42
Acres
14
Days on Market
KEY1044612
MLS#
House
Structure
Residential
Zone
Contact

Rare 20-Property Rental Portfolio | Approximately 40 Parcels | Mountain Lodge Park Offered for the first time in decades, this unique portfolio includes 20 rental properties across approximately 40 parcels, concentrated within the Mountain Lodge Park community. Investors can acquire decades of accumulated ownership and capital investment in a single transaction. Numerous properties have received significant structural, mechanical, and cosmetic improvements, including newer roofs, heating systems, kitchens, baths, wells, siding, windows, flooring, and other upgrades. The portfolio offers established cash flow with additional upside through rent optimization, targeted renovations, rehabilitation of underutilized assets, and potential future use of additional land, subject to applicable approvals. The concentration of properties provides operational efficiencies rarely available in a portfolio of primarily single-family rentals. Convenient access to I-87, approximately 60–75 minutes to NYC, 10–15 minutes to Woodbury Common, 20–25 minutes to West Point, and 20–25 minutes to Stewart International Airport. 20 rentals. Approximately 40 parcels. Existing cash flow. Value-add potential. Decades of investment already completed.

Property Details
Interior
First Floor Bedroom, First Floor Full Bath, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer,
Cooling
Central Air, Ductwork, Wall/Window Unit(s)
Heating
Baseboard, Ducts, Electric, Forced Air, Hot Air, Hot Water, Oil, Propane, Radiant, Radiant Floor
Cooling Features
Central Air, Ductwork, Wall/Window Unit(s)
Bedrooms
52
Bathrooms
25.0
Full Baths
25
View
Mountain(s),Open,Panoramic,Trees/Woods
Lot Features
Back Yard, Front Yard, Garden, Near Public Transit, Near School, Near Shops, Part Wooded, Secluded, Views, Wooded
Lot Description
Back Yard, Front Yard, Garden, Near Public Transit, Near School, Near Shops, Part Wooded, Secluded, Views, Wooded
Acres
11.4186
Square Feet
20211.0
Parking Features
Driveway, Garage, Off Street, Storage
Parking
1
Parking Type
Driveway
Parking Garage
1
Parking Garage Spaces
2.0
Property Type
Purchase
Basement
1
Basement Description
Finished, Full, Partial, Partially Finished, See Remarks, Storage Space, Unfinished, Walk-Out Access
Basement Finished
1
Year Built
1925
Sewer Information
Septic Tank
Utility Source
Well, Private, Shared Well
Utility Features
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected, Propane
Appliances
Dishwasher, Dryer, Freezer, Oven, Range, Refrigerator, Washer
School District
Monroe-Woodbury
Elementary School
Central Valley Elementary School
Middle School
Monroe-Woodbury Middle School
High School
Monroe-Woodbury High School
County
Orange County
Region
Monroe
Original List Price
$4,850,000
Days on Market (Cumulative)
14
Taxes Annual
$1
MLS #
1044612
Location
Legal

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Provided By
Listed by Joseph M. Frullaney (#KEY59819)
Listing Office: Serhant LLC (#KEYSERHNT)

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