Owner-Financed Multifamily
42855 State Hwy 28 Arkville, NY 12406
42855 State Hwy 28, Arkville, NY, 12406
$999,000
For Sale
$999,000
COMMERCIAL - Arkville, NY
Lot Size2.50 Acres
Days on Market473
Property Features for 42855 State Hwy 28
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 124689-307.001-0001-051.100
- Lot size
- 2.50 Acres
Utilities
- Sewer type
- Septic Tank
- Water source
- Well
Building Details
- Year built
- 1957
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
Listing agency
CENTURY 21 DAWNS GOLD
(914) 793-8800
Listed by
Mohammed Sayem
(914) 793-8800
Added: Apr 7, 2025 Updated: Jul 16 at 6:55PM Checked: Jul 23 at 8:06AM
MLS# 11214050
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This for-sale multifamily rental property sits on 2.5 acres and comprises five separate buildings containing 10 apartments. The mix includes a small Victorian two-family home with two 2-bedroom units, a long house two-family home with one 2-bedroom unit and one 1-bedroom unit, a cottage house with a 1-bedroom unit, and a larger Victorian with studio, 2-bedroom, and multiple 1-bedroom apartments across several floors. A fifth building, the “Golf Course House,” provides a 3-bedroom, 1-bath layout with an open living area and deck. The property is described as having well-maintained grounds with private roads, along with common areas and gardens.
In addition to the property’s multiple-building configuration, the operating setup is noted clearly: tenants pay all utilities, including heat and hot water. The water source is described as well water, with no water bill. Owner financing is available with 45–50% down per the remarks.
For buyers seeking a hands-on rental setup, this asset offers multiple small-unit configurations under one ownership group, with several different apartment layouts suitable for a range of tenant needs. The separate buildings and landscaped common areas may appeal to operators looking for a more distinctive residential income presentation on acreage.
In addition to the property’s multiple-building configuration, the operating setup is noted clearly: tenants pay all utilities, including heat and hot water. The water source is described as well water, with no water bill. Owner financing is available with 45–50% down per the remarks.
For buyers seeking a hands-on rental setup, this asset offers multiple small-unit configurations under one ownership group, with several different apartment layouts suitable for a range of tenant needs. The separate buildings and landscaped common areas may appeal to operators looking for a more distinctive residential income presentation on acreage.
Key Highlights
- Owner financing available with 45–50% down
- 2.5‑acre property with 5 separate buildings and 10 rental apartments
- 1957 construction with vinyl siding and an asphalt roof
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Five-building, 10-unit rental property on 2.5 acres with well water and tenant-paid utilities, including heat and hot water.
Where is this apartment building located?
The property is located at 42855 State Hwy 28 Arkville, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Owner financing available with 45–50% down; 2.5‑acre property with 5 separate buildings and 10 rental apartments; 1957 construction with vinyl siding and an asphalt roof
