Scism House, (Map #4) Red Hook, NY for sale

Investment Overview

For investors, 7540 N. Broadway represents an opportunity to acquire a stabilized multifamily asset in a market with historically strong occupancy and long-term appreciation fundamentals. The property is walking distance to local retail, dining, and service establishments, enhancing tenant appeal and supporting long-term occupancy stability. Red Hook’s limited multifamily inventory and strong community profile—bolstered by proximity to Bard College—continue to drive steady rental demand. 7540 N. Broadway 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 allows for operational efficiencies, diversified income streams, and long-term strategic repositioning potential. Individual or combined acquisition considerations may be discussed.

Investment Highlights

• 5,165 SF building
• 5 units
• Built in 1935
• Victorian-style architecture with strong curb appeal
• Opportunity for operational optimization and rent growth potential
• 100% occupancy