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    28369 State Highway 206 Downsville, NY 13755

    For Sale
    $369,000

    Multi-Unit (2-4) - Downsville, NY

    Days on Market:
    293
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 28369 State Highway 206

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    UPPER DELAWARE REAL ESTATE

    Listing agent Barry Jones (607) 363-2008

    Listing date Feb 25, 2025

    MLS# 11439627 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building in Catskills Location

    This commercial property is located at the intersection of two state highways in an up-and-coming Catskills community. The building spans nearly 5,000 square feet and features a spacious, open-concept lower level suitable for a restaurant, brewery, or retail space. The lower level currently houses an antique shop and includes a full kitchen, two bathrooms, and 12-foot ceilings that are easily restorable from the current drop ceiling. The upper floor is being renovated to restore two income-generating apartments. A 700+ square foot storage space is also present. The property includes a 2,000-square-foot basement with interior and exterior access, offering additional storage or expansion potential. Key infrastructure upgrades include a modernized septic system, updated electrical, and municipal water service. A new metal roof and exterior paint have recently been completed. The building has no zoning restrictions, allowing for various business ventures. Located two hours from New York City, this property is in one of New York State's lowest-taxed towns.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Hair Salon Nail Salon Auto Repair Shop Food Market Grocery Store Furniture Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Downsville
    County
    Delaware
    State
    New York
    Longitude
    -74.995509
    Latitude
    42.081113

    FAQs

    What type of property is this?
    Retail space - Grand commercial building in a thriving Catskills community.
    Where is this retail space located?
    The property is located at 28369 State Highway 206 Downsville, NY.
    What is the asking price?
    The asking price for this property is $369,000.
    What are key features of this property?
    This property features: - Prime commercial location at the intersection of two well-traveled state highways.; - Nearly 5,000 sq ft building with a **spacious, open-concept lower level** suitable for various business ventures due to no zoning restrictions.; - Significant infrastructure upgrades including a modernized septic system, updated electrical, municipal water service, a new metal roof, and exterior paint.
    (607) 363-2008
    Request Owner's contact information
    28369 State Highway 206 Downsville, NY 13755
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    Downsville, NY 13755
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28369 State Highway 206 Downsville, NY 13755
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