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Six-Townhouse Rental Property
For Sale
$1,450,000

15023 Route 23, Prattsville, NY 12468

MULTI_FAMILY - Prattsville, NY

Property Size6,280 SF
Lot Size1.92 Acres
Price / SF$230.89
Days on Market1097

Property Features for 15023 Route 23

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RES 1
Zoning description 312 & 210 Classifications
Bedrooms 12
Rooms Bedroom 11, Bedroom 7, Bedroom 4, Bedroom 9, Bedroom 12, Bedroom 3, Bedroom 8, Basement, Bedroom 10, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 6
Parking features Parking Lot
Patio and Porch features Deck
Interior features High Speed Internet
Appliances Refrigerator, Range, Electric Water Heater, Dishwasher
Elementary school district Gilboa
Middle school district Gilboa
High school district Gilboa
Directions From Windham, take Route 23 West, go through the Village of Prattsville, after Main St, Prattsville, approximately 2.3 miles, the property will be on the left #15023.
Subdivision Prattsville
Standard status Active
APN 74-1-45
Size 6,280 SF
Lot size 1.92 Acres

Taxes and HOA fees

Tax Annual Amount 28716

Utilities

Sewer type Public Sewer
Heating system Forced Air, Propane (Heating)
Water source Well

Building Details

Year built 2016
Number of units 6
Flooring type Carpet, Tile
Building materials Asphalt, Frame
Roof type Asphalt, Shingle
Listing Agency: RVW Select Properties
Listed By: Theodore Banta III · License #10311209842
Added: Aug 19, 2023 Changed: Jul 24 Last Checked: Aug 19 at 7:06AM
MLS# 149548

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.

The property consists of six townhouses configured as separate rental units on 1.92 acres. The townhouses total 6,280 square feet and include 12 bedrooms, 6 full baths, and 6 half baths, with each unit featuring 2 bedrooms and 1 1/2 baths. Utilities are separate for each unit. The corner units are described as 1,200 square feet each, and the middle units as 970 square feet each.

Improvements and site features include a paved driveway, paved parking lot, fenced area for trash, and back decks with yard space for tenants. The townhouses have been approved by the Attorney General as individual townhouse units, which may be sold off separately through the existing HOA.

In addition to the 1.92-acre parcel, an adjacent land parcel with 6.68 acres is offered, described as containing a creek known as Johnson Hollow Brook. The sale includes seven parcels with tax map numbers 74-1-39, 40, 41, 42, 43, 44, and 45, and the adjacent land parcel tax map number 113.-1-26 is included with the offering. The property is listed at 15023 Route 23 in Prattsville, New York.

Key Highlights

  • 6 townhouse units on 1.92 acres, currently used as term rentals, with 6,280 total SF
  • 12 bedrooms total: 6 full baths and 6 half baths; each townhouse has 2 bedrooms and 1.5 baths
  • Separate utilities for each unit; townhouses approved by the Attorney General as individual units that may be sold off separately through the existing HOA

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Real Estate Agency Accounting Firm Spa & Massage Center Bed & Breakfast

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

6
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 12468, NY

1,417
Population
1,262
Households
1.1
Avg Household Size
52
Median Age
24%
College-Educated
96%
High-School Grad
58.1 sq mi
ZIP Area
24
Density / Sq Mi
$60,556
Median Household Income
$47,803
Median Earnings
$704
Median Rent
$231,700
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?
Short term rental property - Six townhouses totaling 6,280 sq ft on 1.92 acres with separate utilities and shared amenities on a paved drive.
Where is this short term rental property located?
The property is located at 15023 Route 23 Prattsville, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 6 townhouse units on 1.92 acres, currently used as term rentals, with 6,280 total SF; 12 bedrooms total: 6 full baths and 6 half baths; each townhouse has 2 bedrooms and 1.5 baths; Separate utilities for each unit; townhouses approved by the Attorney General as individual units that may be sold off separately through the existing HOA
More about this property
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