The Scism Building

Explore the charming allure of Red Hook, NY, a vibrant town with a rich history and an equally thriving future. The area surrounding the property is a haven for boutique shops, locally-owned restaurants, and artisanal establishments, ensuring a steady flow of foot traffic and local patronage. Just moments away from St. Margaret's Hall, a popular event venue, and surrounded by the historic Red Hook village, the location is in the heart of the community's bustling retail district. With a welcoming atmosphere and a strong sense of community, this area presents a prime opportunity for retail or street retail investors looking to become part of a dynamic and lively commercial landscape.Introducing a prime investment opportunity at 12 West Market Street, Red Hook, NY. This 20,870 SF building boasts 23 units, offering a lucrative investment in the heart of Red Hook's General Business zone. Currently at full capacity, this property promises immediate returns with 100% occupancy. Perfect for retail and multifamily investors seeking a high-traffic location in a thriving commercial district. Encompassing nearly 21,000 square feet, this well-located building has been family-owned since the 1960s, reflecting long-term stewardship and enduring value. Importantly, this prominent corner is being offered as part of a rare 11-building portfolio sale, providing investors with the opportunity to acquire a concentrated footprint in Dutchess County. The portfolio structure, including 3 of the 4 corners, allows for operational efficiencies, diversified income streams, and long-term strategic repositioning potential. Individual or combined acquisition considerations may be discussed.