4 White Birch Lane, Mount Tremper, NY 12457 (MLS# 20264450)
$1,775,000
Mount Tremper, NY 12457
MLS# 20264450
15 baths | 5960 sqft
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Property Description
Woodstock Apartment Complex - Rare opportunity to acquire an established 15-unit multifamily investment in the Woodstock, NY Hamlet of Wittenberg. Situated on 4.5 acres in a peaceful rural setting, the property combines stable income with significant value-added potential in one of the Hudson Valley's strongest, most sought-after rental markets. The complex consists of 15 studio and one-bedroom apartments housed within a main building which also includes a lobby/common entry area. Two detached outbuildings provide ancillary space for management offices, tenant laundry facilities and additional storage. Designed for efficient operation, each apartment is equipped with individually metered electric service, with electric heat and electric stovetops throughout, allowing tenants to pay for their own utilities. The property is served by a private well and a recently reconstructed septic system completed through the DEP's Catskill Watershed Corporation, providing peace of mind for future ownership. Roofing on the main building is new. Cable/wifi and common area maintenance provided by landlord. Steady passive income generated by a pro forma CAP rate of 7.3 can readily be improved upon. Despite consistently strong rental demand, at least 5 apartment units are scheduled to be delivered vacant, allowing a new owner to address deferred maintenance, upgrade finishes and lease units at market rates without tenant displacement. Great location between the villages of Woodstock and Phoenicia with all the Hudson Valley/Catskill Mountain has to offer--world class natural beauty, hiking, biking, fishing, skiing, arts, live music, culture and cuisine--all in one place!
Details
Contract Information
Current Price: $1,775,000
Original List Price: 1775000
List Price: $1,775,000
Status: Active
Listing Contract Date: 2026-08-05
Property Sub Type: Other
Listing Agreement: Exclusive Agency
Owner Name: Estate of Gregory Stengel
Lease Considered YN: No
General Property Information
Number Of Units Total: 15
Bathrooms Total: 15
Living Area: 5960
Year Built: 1960
Lot Size Acres: 4.5
Flood Plain YN: No
Frontage Length: 422.99 feet on County Rd 40 aka Wittenberg Rd frontage
Sign On Property YN: No
Disclaimer: All listing info to be confirmed by buyer agents
Rent Control YN: No
List Price/SqFt: 297.82
Remarks and Miscellaneous
Public Remarks: Woodstock Apartment Complex - Rare opportunity to acquire an established 15-unit multifamily investment in the Woodstock, NY Hamlet of Wittenberg. Situated on 4.5 acres in a peaceful rural setting, the property combines stable income with significant value-added potential in one of the Hudson Valley's strongest, most sought-after rental markets. The complex consists of 15 studio and one-bedroom apartments housed within a main building which also includes a lobby/common entry area. Two detached outbuildings provide ancillary space for management offices, tenant laundry facilities and additional storage. Designed for efficient operation, each apartment is equipped with individually metered electric service, with electric heat and electric stovetops throughout, allowing tenants to pay for their own utilities. The property is served by a private well and a recently reconstructed septic system completed through the DEP's Catskill Watershed Corporation, providing peace of mind for future ownership. Roofing on the main building is new. Cable/wifi and common area maintenance provided by landlord. Steady passive income generated by a pro forma CAP rate of 7.3 can readily be improved upon. Despite consistently strong rental demand, at least 5 apartment units are scheduled to be delivered vacant, allowing a new owner to address deferred maintenance, upgrade finishes and lease units at market rates without tenant displacement. Great location between the villages of Woodstock and Phoenicia with all the Hudson Valley/Catskill Mountain has to offer--world class natural beauty, hiking, biking, fishing, skiing, arts, live music, culture and cuisine--all in one place!
Status Change Information
Major Change Timestamp: 2026-08-05T14:36:09Z
Major Change Type: New Listing
Status Change Timestamp: 2026-08-05
Book Information
Liber/Book: 01593
Page: 00244
Section: 36.2
Frontage Type
Frontage Length: 422.99
Income and Expenses
Financials Available Y/N: Yes
Showing Information
Showing Attended YN: Yes
Showing Advance Notice: 48
Showing Instructions: POF's required
Location Tax and Legal
Street Number: 4
Street Name: White Birch
Street Suffix: Lane
County: Ulster
State: NY
Zip Code: 12457
Town (Taxable): Woodstock
Property Features
Appliances: Electric Range; Electric Water Heater; Free-Standing Electric Range; Refrigerator
Building Features: Cable TV; High Speed Internet
Construction Materials: Brick; Frame; Wood Siding
Current Use: Multi-Family; Residential
Exterior Features: Rain Gutters
Flooring: Ceramic Tile; Combination; Laminate
Foundation Details: Slab
Heating: Baseboard; Electric; Varies by Unit
Listing Terms: Trust Conveyance
Location: Rural
Lot Features: Cleared; Sloped Down; Wooded
Other Structures: Outbuilding; Other; See Remarks
Owner Pays: Cable TV; Common Area Maintenance; Grounds Care; Insurance; Management; Pest Control; Repairs; Roof Maintenance; Snow Removal; Trash Collection
Road Frontage Type: County Road
Roof: Asphalt; Shingle
Sewer: Engineered Septic; Private Sewer
Showing Considerations: Inconsistent Cell Service; Occupied; See Remarks
Special Listing Conditions: Trust
Structure Type: Multi Family
Tenant Pays: Electricity; Hot Water; Telephone
Utilities: Cable Connected; Electricity Connected; Water Connected
Water Source: Well
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; No Sign; Restricted Hours; See Remarks
Sale Includes: Building; Land
Listing Courtesy of Halter Associates Realty
Listing Agent: Peter Cantine