7484 S Broadway, Red Hook, NY 12571

Property Description

Exceptional 14-unit mixed-use investment property in the heart of Red Hook Village, offering a rare combination of residential and commercial income with future growth potential. Situated on approximately 0.67 acres, the property provides ample on-site parking and potential opportunities for expansion. This distinctive three-story historic building features a diverse mix of commercial office/retail spaces and residential apartments, creating multiple income streams within one conveniently located property. The current configuration includes 7 office/retail spaces, three 2-bedroom apartments, two 1-bedroom apartments, and two additional third-floor apartments. A standout feature is the spacious, high-end third-floor apartment, offering generous living space and a private outdoor deck—an appealing amenity in a walkable village setting. Located in the center of Red Hook, NY, in Dutchess County's Hudson Valley, the property benefits from excellent visibility and convenient access to village shops, restaurants, businesses, and community amenities. Its combination of 14 units, mixed-use income, substantial parking, historic character, and expansion possibilities makes this a compelling opportunity for investors seeking a well-located multifamily and commercial property with long-term potential.