Two-Family Home with Separate
193 Main Street Andes, NY 13731
193 Main Street, Andes, NY, 13731
$395,000
For Sale
$395,000
MULTI_FAMILY - Other - Andes, NY
Property Size2,184 SF
Lot Size0.30 Acres
Price / SF$180.86
Days on Market17
Property Features for 193 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4, Basement
- Patio and Porch features
- Porch, Deck
- Interior features
- CeilingFans, NaturalWoodwork
- Exterior features
- Balcony, Deck
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 122000-259-006-0005-005-000
- Size
- 2,184 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3627
Utilities
- Heating system
- Forced Air, Oil
- Water source
- Public
- Water front features
- Stream, River Access
- Water front
- 1
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Varies, Tile
- Building materials
- Frame, VinylSiding
- Roof type
- Asphalt
- Architectural style
- Other
Listing agency
Coldwell Banker Timberland Properties
(845) 586-3321
Listed by
Jeffrey Ashton · License #40AS1141313
(973) 650-0035
Added: Jul 6 Updated: Jul 12 at 9:35AM Checked: Jul 22 at 9:06AM
MLS# R1694426
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
193 Main Street is a renovated two-family home offering two separate apartments under one roof, with independent electric, laundry, and heating zones. The configuration supports flexible occupancy, whether you want to live in one unit while using the other as a rental, or operate both as separate accommodations. The upstairs residence has been updated with contemporary finishes while retaining a comfortable, welcoming character.
Set in the heart of the Catskill village of Andes, the property is positioned on Main Street, with many local conveniences within an easy stroll, including art galleries, cafes, a brewery, bookstores, farm stands, and the Andes Hotel. The home is also described as set along the Tremper Kill, providing a stream-side setting.
This layout is well-suited for tenants and buyers seeking a practical two-unit property with clear operational separation between apartments. The independent utilities and dedicated laundry and heating systems can simplify day-to-day management. With its village setting and stream-side atmosphere, the property is also presented as a fit for owners considering either long-term leasing or short-term rental use for one or both units.
Set in the heart of the Catskill village of Andes, the property is positioned on Main Street, with many local conveniences within an easy stroll, including art galleries, cafes, a brewery, bookstores, farm stands, and the Andes Hotel. The home is also described as set along the Tremper Kill, providing a stream-side setting.
This layout is well-suited for tenants and buyers seeking a practical two-unit property with clear operational separation between apartments. The independent utilities and dedicated laundry and heating systems can simplify day-to-day management. With its village setting and stream-side atmosphere, the property is also presented as a fit for owners considering either long-term leasing or short-term rental use for one or both units.
Key Highlights
- Two‑family home with 2 apartments and over 2,100 SF of updated living space
- Upstairs and downstairs have separate electric, laundry, and heating zones
- Stream‑and‑river access setting along Tremper Kill with balcony and deck
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.9k | $19.20 |
| − Vacancy | −$5.7k | −$2.63 |
| EGI | $36.2k | $16.57 |
| − OpEx | −$10.9k | −$4.97 |
| NOI | $25.3k | $11.60 |
2,184 SF · lease $19.20/SF/yr · vacancy 13.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$361.9K
$316.7K – $422.2K
NOI $25,332 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$331.2K
$289.8K – $386.4K
NOI $23,181 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$1.07M
$937.6K – $1.25M
NOI $75,007 @ 7.0% cap · market cap 18.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated two-family residence in Andes with independent electric, laundry, and heating zones for each unit.
Where is this duplex located?
The property is located at 193 Main Street Andes, NY.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two‑family home with 2 apartments and over 2,100 SF of updated living space; Upstairs and downstairs have separate electric, laundry, and heating zones; Stream‑and‑river access setting along Tremper Kill with balcony and deck
