Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    56 Park St Malone, NY 12953

    For Sale
    $629,000

    MULTI_FAMILY - Malone, NY

    Property size:
    7,692 SF
    Lot size:
    1.74 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 56 Park St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    APN
    98.81-2-6
    Parking features
    Parking Lot, Off Street
    Interior features
    Stone Counters, Apartment, Built-in Features, Ceiling Fan(s), Crown Molding, Kitchen Island, Natural Woodwork
    Exterior features
    Lighting, Private Yard
    Basement
    Full
    Appliances
    Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
    Size
    7,692 SF
    Lot size
    1.74 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Propane (Heating), Varies by Unit (Heating), Electric (Heating), Propane Stove, Baseboard
    Water source
    Public
    Water front features
    River Front
    Water front
    1

    Building Details

    Year built
    1856
    Flooring type
    Carpet, Combination, Vinyl, Wood
    Building materials
    Wood Siding
    Roof type
    Metal, Asphalt, Slate

    RE/MAX North Country (518) 563-1200

    Listing agent Nicholas Buccellato (518) 578-0609

    Listing date Nov 13, 2025

    Copyright © 2025 Adirondack Champlain Valley 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

    Revitalized Victorian Multifamily Investment

    Located in the heart of Malone, NY, 56 Park Street, also known as the ''Hale House'', is a seven-unit Victorian property. This building has been revitalized with attention to quality and preservation. The property features a blend of architectural character with modern luxury and performance. Each apartment includes original hardwood floors, soaring ceilings, pocket doors, and ornate fireplaces, along with modern upgrades such as on-demand hot water systems, in-unit laundry connections, security systems, and contemporary finishes. The property consists of four units in the main residence and three in the converted carriage house. All units are fully leased with rent performance and tenant retention. The property is located near local shops, dining, and community amenities. The building is 7692 square feet and sits on a 1.74-acre lot. This property is a turnkey, high-performing investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Malone
    County
    Franklin
    State
    New York
    Longitude
    -74.292115
    Latitude
    44.852718

    Nearby Similar for Sale

    • New
      $249,900
      4,280 SF

      High-Visibility Commercial Site in Malone

      Former sports center with showroom, office, and storage space.
      689 E Main St, Malone, NY 12953
      View Details
    • $179,900
      3,526 SF

      Spacious Home with Income Potential

      Large home in Malone, NY, with flexible layout and income potential.
      41 Park St, Malone, NY 12953
      View Details
    • $169,900
      1,116 SF

      Malone, NY Commercial Property

      Commercial property in Malone, NY, currently operating as a seasonal business.
      102 Pearl St, Malone, NY 12953
      View Details
    • $139,000
      1,610 SF

      Income-Generating Two-Family Residential Property

      Two-family residential property in Malone, NY, generating monthly rental income.
      41 Howard Ave, Malone, NY 12953
      View Details
    • $162,500
      2,231 SF

      Spacious Duplex with Two-Car Garage

      Duplex in Malone, NY, featuring separate living spaces and garage.
      572 E Main St, Malone, NY 12953
      View Details
    • $172,500
      1,711 SF

      Mixed-Use Property in Malone, NY

      Versatile property with office and residential space on Main St.
      566 E Main St, Malone, NY 12953
      View Details

    FAQs

    What type of property is this?
    Apartment building - Iconic seven-unit property in Malone, NY, fully leased.
    Where is this apartment building located?
    The property is located at 56 Park St Malone, NY.
    What is the asking price?
    The asking price for this property is $629,000.
    What are key features of this property?
    This property features: - Turnkey, high-performing investment property with exceptional rent performance and strong tenant retention.; - Meticulously revitalized seven-unit Victorian masterpiece ('Hale House') blending historic character with modern luxury.; - Fully leased main residence (4 units) and converted carriage house (3 units).
    (518) 578-0609
    Request Owner's contact information
    56 Park St Malone, NY 12953
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    56 Park St
    Malone, NY 12953
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    56 Park St Malone, NY 12953
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.