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586 Old Route 23, Cairo, NY 12413

Cairo
Local realty services provided by:CENTURY 21 Stoeckeler Real Estate
586 Old Route 23,Cairo, NY 12413
$2,995,000
  • 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:$2,995,000
  • Price per sq. ft.:$239.18

About this home

Turn-key scale, operational efficiency, and long-term upside. Set on 4.7 acres with 5 detached buildings: a main building with 10 various sized units, a single unit cottage, and two motel-style outbuildings, one with 8 units, and one with 2 units. 20 units are currently leased, with a 21st delivered leased at closing. Units are individually metered, supporting transparent operating expenses and clear NOI reporting. The 4.7-acre parcel may offer additional development potential, subject to municipal approvals. Seller may consider some owner financing for qualified buyers. Nearby communities including Hudson, Leeds, Catskill, and Windham are seeing renewed investment and development activity, from boutique hospitality to mixed-use revitalization projects--driving economic activity and long-term rental stability across Greene County. Located directly off Route 23, it serves a tenant base spanning a range of incomes and occupations. The property delivers dignified, well-maintained...

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Home facts

  • Year built:1960
  • Listing ID #:20260761
  • Added:51 day(s) ago
  • Updated:March 02, 2026 at 11:58 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:$2,995,000
  • Price per sq. ft.:$239.18
  • Tax amount:$19,873

Parking

  • Garage:Yes
  • Garage spaces:1

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