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586 Old Route 23, Cairo, NY 12413

Cairo
Local realty services provided by:CENTURY 21 Alliance Realty Group
586 Old Route 23,Cairo, NY 12413
$2,400,000
  • 26 Beds
  • - Baths
  • 12,522 sq. ft.
  • Multi-family
  • Active
Listed by: zev eisenberg, sheneur menaker
Office: hudson modern
MLS#:20260761
Source:NY_MLSUC

Price summary

  • Price:$2,400,000
  • Price per sq. ft.:$191.66

About this home

Turn-key scale, operational efficiency, with both short and long-term upside. Set on 4.7 acres, with 5 detached buildings: a main building with 9 various-sized units, a single-unit cottage, and two motel-style outbuildings -- one with 8 units and one with 2 units, all individually metered. There is space for a 21st, 3 bedroom apartment, an empty garage that can be leased commercially, and the parcel offers even more long term development potential with additional units, self-storage and more, subject to municipal approvals. The property has undergone a comprehensive renovation program across the majority of units -- ranging from fresh paint and new flooring to full gut renovations including new kitchens, bathrooms, electrical, plumbing, sheetrock, heating, and appliances. Infrastructure improvements include a complete water system overhaul, a new septic tank installation, repair of three existing septic tanks, and a new roof on two units. The result is a stabilized,...

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Home facts

  • Year built:1960
  • Listing ID #:20260761
  • Added:92 day(s) ago
  • Updated:June 03, 2026 at 03:08 PM

Rooms and interior

  • Bedrooms:26
  • Living area:12,522 sq. ft.

Structure and exterior

  • Year built:1960
  • Building area:12,522 sq. ft.
  • Lot area:4.7 Acres

Finances and disclosures

  • Price:$2,400,000
  • Price per sq. ft.:$191.66
  • Tax amount:$19,873

Parking

  • Garage:Yes
  • Garage spaces:1

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