37-69 Mt. Ava Maria Drive, Phoenicia, NY 12464

Local realty services provided by:CENTURY 21 Alliance Realty Group
37-69 Mt. Ava Maria Drive,Phoenicia, NY 12464
$1,900,000
  • 30 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: margaret bryngelson, daniel le fever
Office: off the wall management llc.
MLS#:20254524
Source:NY_MLSUC

Price summary

  • Price:$1,900,000

About this home

Unique Investment Opportunity - An exceptional offering: a 19-unit multi-family compound located in the heart of one of the Hudson Valley's most beloved travel destinations; Phoenicia, New York. The property spans 8.54 picturesque acres, featuring four residential buildings that include: (3) Studios (5) One-bedroom units (9) Two-bedroom units (2) Three-plus-bedroom apartments The grounds are beautifully maintained with mature trees, open fields, ample parking, and direct access via a paved municipal street. Currently delivering a cap rate of 8.71 with clear potential for increased returns. Endless possibilities: continue operating as a high-yield rental property, or reimagine it as a family retreat, community living space, etc. Rich History - The existing structures were once part of the 1878 Tremper House of Phoenicia, a grand hotel that overlooked the town and the surrounding Catskill Mountains. Later renamed the Washington Inn, it was known for its luxurious

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Home facts

  • Year built:1870
  • Listing ID #:20254524
  • Added:158 day(s) ago
  • Updated:January 31, 2026 at 05:50 PM

Rooms and interior

  • Bedrooms:30

Structure and exterior

  • Year built:1870
  • Lot area:8.54 Acres

Utilities

  • Sewer:Cesspool, Septic tank

Finances and disclosures

  • Price:$1,900,000
  • Tax amount:$20,830