62 2nd Street, Athens, NY 12015 (MLS# 20264167)
$950,000
Athens, NY 12015
MLS# 20264167
Status: Accepted Offer CTS
5 baths | 3650 sqft
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Property Description
Welcome to an exceptional investment opportunity in the charming riverfront Village of Athens, where historic character meets modern upgrades. This beautifully restored five-family brick building has been thoughtfully renovated from top to bottom, offering investors a true turnkey property with strong cash flow and long-term value. Between 2021 and 2022, the property underwent an extensive gut renovation, with the exception of Apartment 2, preserving its charm while modernizing the remaining units with updated systems, finishes, and amenities. The result is a meticulously maintained, income-producing asset that blends timeless architecture with today's conveniences. Fully occupied with reliable tenants, this property delivers an excellent cap rate and immediate income from day one. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is the type of investment that rarely becomes available--well maintained, fully leased, and positioned for continued appreciation. Located in the heart of the vibrant river town of Athens, residents enjoy walkable access to restaurants, coffee shops, boutiques, parks, and the Hudson River waterfront. Just minutes to Hudson via ferry, Amtrak, Catskill, Coxsackie, and the NYS Thruway, the location offers the perfect blend of small-town charm and easy access to the Capital Region and Hudson Valley. A proven money maker with quality renovations, strong occupancy, and outstanding income potential--this is an investment property you won't want to miss.
Details
Contract Information
Current Price: $950,000
Original List Price: 950000
List Price: $950,000
Status: Accepted Offer CTS
Listing Contract Date: 2026-07-22
Property Sub Type: Other
Listing Agreement: Exclusive Right To Sell
Owner Name: Warren Arms LLC
Lease Considered YN: No
General Property Information
Number Of Units Total: 5
Bathrooms Total: 5
Living Area: 3650
Year Built: 1900
Lot Size Acres: 0.07
Frontage Length: Frontage on Second and Warren
Sign On Property YN: Yes
Disclaimer: Apartment Number 2 was not renovated Pictures were from when building was renovated. This was before tenants occupied
List Price/SqFt: 260.27
Remarks and Miscellaneous
Public Remarks: Welcome to an exceptional investment opportunity in the charming riverfront Village of Athens, where historic character meets modern upgrades. This beautifully restored five-family brick building has been thoughtfully renovated from top to bottom, offering investors a true turnkey property with strong cash flow and long-term value.
Between 2021 and 2022, the property underwent an extensive gut renovation, with the exception of Apartment 2, preserving its charm while modernizing the remaining units with updated systems, finishes, and amenities. The result is a meticulously maintained, income-producing asset that blends timeless architecture with today's conveniences.
Fully occupied with reliable tenants, this property delivers an excellent cap rate and immediate income from day one. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is the type of investment that rarely becomes available--well maintained, fully leased, and positioned for continued appreciation.
Located in the heart of the vibrant river town of Athens, residents enjoy walkable access to restaurants, coffee shops, boutiques, parks, and the Hudson River waterfront. Just minutes to Hudson via ferry, Amtrak, Catskill, Coxsackie, and the NYS Thruway, the location offers the perfect blend of small-town charm and easy access to the Capital Region and Hudson Valley.
A proven money maker with quality renovations, strong occupancy, and outstanding income potential--this is an investment property you won't want to miss.
Status Change Information
Major Change Timestamp: 2026-07-22T20:13:18Z
Major Change Type: New Listing
Status Change Timestamp: 2026-07-22
Contingency: Accepted Offer CTS
Book Information
Liber/Book: 2021
Page: 936
Section: 122.18
Location Tax and Legal
Street Number: 62
Street Name: 2nd
Street Suffix: Street
County: Greene
State: NY
Zip Code: 12015
Town (Taxable): Athens
Property Features
Listing Courtesy of Keller Williams Realty HV Nort
Listing Agent: Marie Wolpert