New Construction, 106-unit Luxury Multifamily Community Perched Above the Hudson River in the Heart of Beacon, NY

18 Edgewater Place, Beacon, NY 12508

Property Information

  • For Sale $52,500,000
  • Property Type Mixed Use
  • Property Size 94,737 SF
  • Units 106
  • Lot Size 12 Acre
  • Taxes / YR $522,888.00
  • Year Built 2024
  • Date Updated Jul 8, 2026

Description

Investment Highlights

New Construction Luxury Community:
A premier, modern asset completed in 2024, significantly minimizing immediate capital expenditure needs.

Desirable Institutional Scale:
Spans approximately 94,737 gross square feet across 3 separate buildings, containing a total of 106 luxury units.

Strategic Residential Unit Mix:
Comprises an optimized distribution of layouts, including 15 studios, 51 one-bedroom units, 18 two-bedroom/one-bath units, 20 two-bedroom/two-bath units, and 2 premier three-bedroom suites.

Premium Waterfront Design & Views:
Features large picture windows, spacious layouts, private terraces, stainless-steel appliances, and in-unit laundry paired with scenic Hudson River and mountain views.

Thriving Hudson Valley Submarket:
Located in Beacon, NY - a supply-constrained market with a remarkably low 1.6% vacancy rate.

Walkable Downtown Proximity:
Situated just minutes from Beacon’s vibrant Main Street retail and restaurant hub, boutique shops, and local cultural anchors like the Dia:Beacon museum.

Direct Metro-North Commuter Access:
Offers seamless connectivity to Manhattan via the nearby MTA Beacon Train Station, featuring hourly direct service and a "Super Express" service reaching Grand Central Terminal in under 90 minutes.

Protected Market Position & Exceptional Insulation:
Positioned as a dominant asset in a severely supply-constrained and highly restrictive development landscape, virtually shielding the property from immediate future rental competition.

Contacts

Location

Contact New Construction, 106-unit Luxury Multifamily Community Perched Above the Hudson River in the Heart of Beacon, NY
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