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For sale
Residential income properties
NY
South Fallsburg
12779
5039 Main Street

South Fallsburg Main Street Investment

5039 Main Street, South Fallsburg, NY 12779

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For Sale

$850,000

MULTI_FAMILY - South Fallsburg, NY

Lot size:

0.70 Acres

HighLights

Approximately 0.70‑acre South Fallsburg Main Street property with flexible B3 zoning (subject to municipal approvals) for residential, commercial, mixed‑use, and other uses
3 residential structures: a primary two‑unit home plus an additional renovated bungalow/cottage
Primary two‑unit home includes main and lower‑level units; main unit has 3 bedrooms on one floor and an attic room accessed by staircase
Lower‑level unit was completely renovated recently with porcelain tile flooring, a new kitchen, and 2 bathrooms
Recent improvements include a brand‑new septic system; public water and electric heating; septic tank
Current rent is approximately $4,000/month; adjoining 5033 Main Street (MLS#000029) available for a combined package totaling approximately 1.46 acres and approximately $6,000/month reported combined rental income

We can help!

Contact an agent

Joel J. Brach

For Sale

$850,000

MULTI_FAMILY - South Fallsburg, NY

Lot size:

0.70 Acres

Added:: May 7, 2026
Days on Market:: 61
Last Refresh:: Jul 6 at 3:06 am

Property Features for 5039 Main Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 3
Bathrooms: 4
Rooms: Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 2, Dining Room, Bathroom 1, Bedroom 2
Parking features: Parking Lot
Interior features: First Floor Bedroom, Formal Dining
Standard status: Active
APN: 2889-054-0-0001-004-000
Lot size: 0.70 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 6335

Utilities

Sewer type: Septic Tank
Heating system: Electric (Heating)
Water source: Public

Building Details

Year built: 1951
Number of units: 3
Building materials: Vinyl Siding

We can help!

Contact an agent

Joel J. Brach

Listing agent Joel J. Brach

Listing office Keller Williams Realty 69 Brookside Ave. Ste 225, Chester, NY

Listing date May 7, 2026

MLS# 998725 Listing URL

HighLights

Approximately 0.70‑acre South Fallsburg Main Street property with flexible B3 zoning (subject to municipal approvals) for residential, commercial, mixed‑use, and other uses
3 residential structures: a primary two‑unit home plus an additional renovated bungalow/cottage
Primary two‑unit home includes main and lower‑level units; main unit has 3 bedrooms on one floor and an attic room accessed by staircase
Lower‑level unit was completely renovated recently with porcelain tile flooring, a new kitchen, and 2 bathrooms
Recent improvements include a brand‑new septic system; public water and electric heating; septic tank
Current rent is approximately $4,000/month; adjoining 5033 Main Street (MLS#000029) available for a combined package totaling approximately 1.46 acres and approximately $6,000/month reported combined rental income

Overview

Located on Main Street in South Fallsburg, this investment opportunity sits on approximately 0.70 acres and features flexible B3 zoning. The zoning allows for potential residential, commercial, mixed-use, and mobile-home-related uses, subject to municipal approvals. The property includes a primary two-unit home with main and lower-level units, plus an additional renovated bungalow/cottage. The main unit features a kitchen, dining area, living area, and three bedrooms on one floor, plus a staircase to a spacious attic room. It was recently painted and had basic updates. The lower-level unit was completely renovated recently and features porcelain tile flooring throughout, a new kitchen, spacious rooms, and two bathrooms. The rear bungalow/cottage was also renovated and includes a new kitchen. Recent improvements include a new septic system, new fence, and swing set/playground area. The property is located near Main Street amenities, seasonal communities, bungalow colonies, camps, resorts and other nearby attractions. Current rent is approximately $4,000/month. Adjoining property is also available, creating a larger Main Street package totaling approximately 1.46 acres with approximately $6,000/month in combined reported rental income.

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Location Insight

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Local Demand

City: South Fallsburg
County: Sullivan
State: New York
Longitude: -74.637934
Latitude: 41.699124

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For sale
Residential income properties
NY
South Fallsburg
12779
5039 Main Street

What type of property is this?

Residential income property - Investment opportunity with flexible zoning and income potential.

Where is this residential income property located?

The property is located at 5039 Main Street South Fallsburg, NY.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: Approximately 0.70‑acre South Fallsburg Main Street property with flexible B3 zoning (subject to municipal approvals) for residential, commercial, mixed‑use, and other uses; 3 residential structures: a primary two‑unit home plus an additional renovated bungalow/cottage; Primary two‑unit home includes main and lower‑level units; main unit has 3 bedrooms on one floor and an attic room accessed by staircase

5039 Main Street, South Fallsburg, NY 12779

MULTI_FAMILY - South Fallsburg, NY

Property Features for 5039 Main Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Brick-and-Stucco Live-Work Building

South Fallsburg Retail Opportunity

Brick Live-Work Building with Hot Tub Deck

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