MLS#1040067
STATUSPending
PROPERTY TYPECommercial -
SCHOOLCornwall
Property Description
Here's an opportunity to own a substantial 8-building residential portfolio with a total of 33 units, offering scale, established income, and meaningful upside potential. Many of the units have been updated within the past 10 years, creating a solid foundation for an investor looking to acquire a property with improvements already in place. With multiple buildings and a diverse mix of units, this property offers the advantages of scale while providing multiple income streams under one ownership. Perhaps the most exciting aspect is the income upside. Current rents provide an established revenue base, while the opportunity to increase rents and continue maximizing the property's potential could create additional value over time. For an investor looking beyond today's numbers and focused on future growth, this is a property worth exploring. With 33 residential units across 8 buildings, with water/sewer and tenant paid utilities, this portfolio presents an opportunity to expand an existing investment portfolio or make a significant move into multifamily ownership. Strong fundamentals, improvements already made, multiple income streams, and room to increase revenue, this is an investment opportunity with both stability and potential. Come take a closer look and discover what this portfolio could mean for your next investment.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Unfinished
Cooling: Multi Units
Heating: Natural Gas
Taxes: $113,456
Year Built: 1960
Feature Descriptions
Building Area Total: 27453
Days on Site: 55
Exterior: Shake Siding
On Market Date: 2026-08-21
Parking Features: Garage, Off Street, On Street
Rental Term: Monthly
Sewer: Public Sewer
Units: 8
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Local Schools
High School: Cornwall Central High School
Middle School: Cornwall Middle School
Elementary School: Willow Avenue Elementary School
School District: Cornwall
Listed By / Shown By
Listing By
Agency Name: Century 21 Alliance Rlty Group
Agency Contact: 845-297-4700
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/16/2026. The listing information on this page last changed on 10/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 10/16/2026 12:24:50 AM EST) or GSMLS (last updated Thu 10/15/2026 11:58:31 PM EST) or SMART MLS (last updated Thu 10/15/2026 10:59:32 PM EST) or New York State Alliance MLS (last updated Fri 10/16/2026 12:23:11 AM EST) or Hudson Valley Catskill Region MLS (last updated Fri 10/16/2026 12:11:18 AM EST) or My State MLS (last updated Thu 10/15/2026 11:30:16 PM EST) or Berkshire MLS (last updated Thu 10/15/2026 8:13:58 PM EST) or OneKey MLS (last updated Fri 10/16/2026 12:21:27 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Choice Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
57-58 Highland Avenue | MLS# 1040067
This commercial property located at 57-58 Highland Avenue, Cornwall, NY 12518 is currently listed for sale with an asking price of $5,600,000. 57-58 Highland Avenue is located within the Cornwall school district. Search Cornwall real estate on www.coldwellbankerchoice.com today.