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Multi-Family Property with Three Units
For Sale
$395,000

12281 NY-23, Ashland, NY 12407

MULTI_FAMILY - Other - Ashland, NY

Property Size3,960 SF
Lot Size0.74 Acres
Price / SF$99.75
Days on Market146

Property Features for 12281 NY-23

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning Multi Residence
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 1
Parking 5
Parking features Driveway
Patio and Porch features Porch
Basement Full
Elementary school district Windham-Ashland-Jewett
Middle school district Windham-Ashland-Jewett
High school district Windham-Ashland-Jewett
Directions State Highway 23
Standard status Active
APN 192000 93.01-1-20
Size 3,960 SF
Lot size 0.74 Acres

Taxes and HOA fees

Tax Annual Amount 5771

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating)
Water source Public

Building Details

Year built 1991
Number of units 3
Building materials Aluminum Siding, Vinyl Siding
Architectural style Other
Listing Agency: The Property Shop · EXIT Realty
Listed By: Christopher W White · License #10401371997
Added: Mar 24 Changed: Jul 24 Last Checked: Aug 16 at 2:06PM
MLS# 202613831

Copyright © 2026 Global MLS, Inc. 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 multi-family property contains three residential units within an approximately 3,960-square-foot building. Designed to support separate living arrangements, it offers a layout that can work for investors seeking a rental structure or an owner-occupant who plans to live in one unit while renting the others.

The property is situated on approximately 0.74 acres along State Highway 23 in Ashland, Greene County, NY. The highway location can provide convenient access to surrounding towns and the region.

With three distinct units, the building may appeal to tenants who want self-contained living spaces as well as buyers looking for a small-scale rental setup. It also offers the flexibility to be used as a full investment property or configured for mixed-use living, depending on how an owner intends to occupy and lease the units.

Key Highlights

  • Approximately 3,960 SF multi‑family property with three residential units
  • Built in 1991
  • Set on approximately 0.74 acres along State Highway 23

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Catering Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 12407, NY

95
Population
66
Households
1.4
Avg Household Size
59
Median Age
20%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
106
Density / Sq Mi
$83,409
Median Household Income
$47,031
Median Earnings
$1,200
Median Rent
$230,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three-unit multi-family property on NY-23 suited for owner-occupants or investors seeking rental income flexibility.
Where is this triplex located?
The property is located at 12281 NY-23 Ashland, NY.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Approximately 3,960 SF multi‑family property with three residential units; Built in 1991; Set on approximately 0.74 acres along State Highway 23
More about this property
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