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    42855 State Hwy, Unit 28 Arkville, NY 12406

    For Sale
    $999,000

    Multi-Unit (5+) - Arkville, NY

    Property size:
    7,000 SF
    Lot size:
    2.50 Acres
    Days on Market:
    217
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 42855 State Hwy

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    124689-307.001-0001-051.100
    Parking features
    Garage
    Size
    7,000 SF
    Lot size
    2.50 Acres

    Building Details

    Year built
    1957
    Year renovated
    1957
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    CENTURY 21 DAWNS GOLD (914) 793-8800

    Listing agent Mohammed Sayem (914) 793-8800

    Listing date May 5, 2025

    MLS# 11214050 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

    Arkville Multi-Unit Investment Opportunity

    This unique property, situated on 2.5 acres, features 10 rental apartments across 5 separate buildings. The buildings include: a small Victorian 2-family home with a 2-bedroom unit on each floor, each featuring a full bath, living room, and eat-in kitchen; a long house 2-family home with a 2-bedroom unit on the first floor and a 1-bedroom unit on the second floor; a cottage house with 1 bedroom, 1 bath, living room, small kitchen, and den; a large Victorian with a studio, a 2-bedroom unit, and a 1-bedroom unit; and a golf course house with 3 bedrooms, a full bath, gallery kitchen, and living room with fireplace. The grounds are well-maintained, featuring private roads, common areas, and gardens. Tenant pays all utilities, including heat and hot water. The water source is well water. The property is located in Arkville, NY.
    Location Intelligence

    Current Use by Public Records

    Owner financed properties

    Map

    City
    Arkville
    County
    Delaware
    State
    New York
    Longitude
    -74.632591
    Latitude
    42.146219

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    FAQs

    What type of property is this?
    Apartment building - Unique property with 10 apartments on 2.5 acres.
    Where is this apartment building located?
    The property is located at 42855 State Hwy, Unit 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.; - 10 rental apartments across 5 separate buildings on 2.5 acres.; - Tenant pays all utilities, including heat and hot water.
    (914) 793-8800
    Request Owner's contact information
    42855 State Hwy, Unit 28 Arkville, NY 12406
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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
    42855 State Hwy, Unit 28 Arkville, NY 12406
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