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Four-Cottage Multifamily Property
For Sale
$795,000

692-698 Ny-32a, Palenville, NY 12463

Residential Income, Palenville, NY

Property Size2,673 SF
Lot Size1.20 Acres
Price / SF$297.42
Days on Market10

Property Features for 692-698 Ny-32a

General Information

Property type Residential Multi Family
Property subtype Other
Zoning 280
Zoning description Multiple Res
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 3
Patio and Porch features Porch
Interior features Bookcases, Eat-in Kitchen, High Ceilings, Natural Woodwork
Appliances Water Heater, Washer/Dryer, Refrigerator, Range, Oven
Lot features Landscaped, Native Plants, Views
Elementary school district Catskill School District
Middle school district Catskill School District
High school district Catskill School District
Directions Follow 32A to #692; houses will be on the right. 692 NY-32A Palenville, NY 12463
Subdivision Catskill
Standard status Active
APN 199.08-1-1
Size 2,673 SF
Lot size 1.20 Acres

Taxes and HOA fees

Tax Annual Amount 6314

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Oil, Baseboard
Water source Well

Building Details

Year built 1925
Floors in Building 1
Number of units 4
Flooring type Tile, Wood, Bamboo
Building materials Aluminum Siding, Clapboard, Wood Siding
Roof type Asphalt
Architectural style Bungalow
Listing Agency: Coldwell Banker Village Green · Coldwell Banker Real Estate
Listed By: Leslie Foti · License #10401295211
Added: Sep 14 Changed: Sep 21 Last Checked: Sep 23 at 7:06AM
MLS# 20265380

Copyright © 2026 Hudson Valley Catskill Region 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 multifamily property includes four standalone cottages across 1.2 acres, with 2,673 square feet of total property size. Built in 1925, the bungalow-style residences feature wood, clapboard, and aluminum siding, along with wood, tile, and bamboo flooring. Interior details include natural woodwork, bookcases, eat-in kitchens, and high ceilings. The property is offered furnished and includes five bedrooms and four bathrooms overall.

Located at 692-698 NY-32A in Palenville, the property sits near the entrance to Kaaterskill Clove and offers mountain views. Circle W Market, Kaaterskill Falls, North-South Lake, Hunter Mountain, Windham Mountain Club, Woodstock, and Hudson are identified as nearby destinations. Site infrastructure includes a well, septic tank, asphalt roofing, porches, and a mix of oil, baseboard, and electric heating.

Key Highlights

  • Four standalone cottages on 1.2 acres
  • 2,673 square feet of total property size
  • Five bedrooms and four bathrooms

Property Analytics

Current Use

Short term rental ...

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby

Demographics for 12463, NY

1,405
Population
825
Households
1.7
Avg Household Size
48
Median Age
27%
College-Educated
99%
High-School Grad
7.5 sq mi
ZIP Area
187
Density / Sq Mi
$45,993
Median Household Income
$59,167
Median Earnings
$1,002
Median Rent
$246,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Furnished bungalow compound with multiple standalone residences, established landscaping, and access to Catskills recreation.
Where is this multifamily property located?
The property is located at 692-698 Ny-32a Palenville, NY.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Four standalone cottages on 1.2 acres; 2,673 square feet of total property size; Five bedrooms and four bathrooms
More about this property
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