71 Broadway, Tivoli, NY 12583 (MLS# 135269)
$2,250,000
Tivoli, NY 12583
MLS# 135269
Status: Closed
17480 sqft
1 / 10
Property Description
The Tivoli Schoolhouse is a 20 unit residential apt. complex located in the heart of the village of Tivoli providing off-campus housing for Bard College students with on-site laundry facility. Current owners have realized consistent cash flow at 100% occupancy since 2007. Current leases expire on 5/31/21. A solid investment opportunity.
Details
Contract Information
Listing Agreement: Exclusive Agency
Owner Name: Tivoli Broadway LLC
Lease Considered YN: Yes
Current Price: $2,250,000
Original List Price: 2500000
Sold Price: $2,250,000
Status: Closed
Listing Contract Date: 2020-11-02
Property Sub Type: Multi Family
Location, Tax, and Legal
911 Address: 71 Broadway
Zip Code +4: 5721
School District: Red Hook Central School District
General Tax: 0
School Tax: 23632
Town Tax: 4892
Village Tax: 2152
Tax Annual Amount: 0
Tax Year: 0
Assessors Full Market Value: 1058400
Tax Assessed Value: 1058400
Parcel Number: 134803-006-175-0018-477-057-0000
Tax Exemptions YN: No
Zoning Description: GB
Directions: Rt. 9G into v/of Tivoli to #71 on right.
General Property Information
Number Of Units Total: 20
Lot Size Acres: 0.82
Flood Plain YN: No
Sign On Property YN: No
Disclaimer: Information not guaranteed.
Basement YN: Yes
List Price/SqFt: 143.02
Sold Price/SqFt: 128.72
Living Area: 17480
Year Built: 1915
Remarks and Miscellaneous
CGR Public Historical Remarks: Existing Lease Type: Net, Three Quarter Bathrooms: 0, Quarter Bathrooms: 0, Value Range Price: 0.00, # of Furnaces: 2, Ag District Discl: No, Ag District: No, FIPS Code: 27, Garage/Parking: off-street, Green Features: No, Lease Type: Net, Special Conditions: None/Unknown, Utilities Included: heat, water/sewer, trash, Year Built Exception: 0
Public Remarks: The Tivoli Schoolhouse is a 20 unit residential apt. complex located in the heart of the village of Tivoli providing off-campus housing for Bard College students with on-site laundry facility. Current owners have realized consistent cash flow at 100% occupancy since 2007. Current leases expire on 5/31/21. A solid investment opportunity.
Status Change Information
Status Change Timestamp: 2021-03-04
Concessions: No
Buyer Financing: Conventional
Concessions Amount: 0
Major Change Timestamp: 2021-03-04T23:36:15Z
Major Change Type: Status Change
Purchase Contract Date: 2020-12-21
Close Date: 2021-03-04
Close Price: 2250000
Appliances
Water Heater: 1
Other: 1
Basement
Full: 1
Unfinished: 1
Construction Materials
Clapboard: 1
Frame: 1
Electric
200+ Amp Service: 1
Foundation Details
Concrete Perimeter: 1
Heating
Baseboard: 1
Hot Water: 1
Oil: 1
Radiant Floor: 1
Steam: 1
Interior Features
High Speed Internet: 1
Road Surface Type
Paved: 1
Roof
Asphalt: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Window Features
Double Hung Window(s): 1
Income and Expenses
Financials Available Y/N: Yes
Tenant Pays
Electricity: 1
Unit 1 Information
Actual Rent: 0
Unit 2 Information
Actual Rent: 0
Unit 3 Information
Actual Rent: 0
Unit 4 Information
Actual Rent: 0
Showing Information
Showing Instructions: call LA. 24 hr. notice w/accompanied showings.
Location Tax and Legal
Street Number: 71
Street Name: Broadway
County: Dutchess
State: NY
Zip Code: 12583
Town (Taxable): Tivoli
Property Features
Appliances: Water Heater; Other
Basement: Full; Unfinished
Construction Materials: Clapboard; Frame
Electric: 200+ Amp Service
Foundation Details: Concrete Perimeter
Heating: Baseboard; Hot Water; Oil; Radiant Floor; Steam
Interior Features: High Speed Internet
Road Surface Type: Paved
Roof: Asphalt
Sewer: Public Sewer
Tenant Pays: Electricity
Water Source: Public
Window Features: Double Hung Window(s)
Listing Courtesy of Four Seasons Sotheby's Int.
Listing Agent: Gary DiMauro