LEED-Certified Campus
For Sale
$1,999,999
19-23 Greenway Lane, Fallsburg, NY 12759
Commercial Sale, Fallsburg, NY
Property SizeContact for details
Days on Market284
Property Features for 19-23 Greenway Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Basement
Finished
Appliances
Gas Cooktop, Microwave, Oven, Tankless Water Heater
Special listing conditions
Third Party Approval
Standard status
Active
Taxes and HOA fees
Tax Year
2024
Utilities
Utilities
Propane
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Floors in Building
3
Listing Agency:
Keller Williams Realty
(845) 928-8000
Listed By:
Peter Berman · License #10401392566
(845) 629-5854
Added: Nov 9, 2025
Changed: Aug 20
Last Checked: Aug 20 at 2:06PM
MLS# 932973
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Investment Insights
Based on property information with market context.
This LEED-certified triplex contains three townhouse-style units constructed as supplemental housing within the SUNY Sullivan campus. The building includes basement space and is equipped with gas cooktops, microwaves, ovens, tankless water heaters, baseboard heating, and window or wall/window cooling units. Public water and public sewer serve the property, with propane utilities.
The building is operated by the college, which manages leasing, collections, and property operations. Ownership covers the building only, while the improvements sit on ground-leased land. The ground lease has 15 years remaining, plus a 10-year option with a cash buyout. It also provides an exclusive option to develop additional housing within the campus. The owner is responsible for capital projects, utility bills, and insurance.
The building is operated by the college, which manages leasing, collections, and property operations. Ownership covers the building only, while the improvements sit on ground-leased land. The ground lease has 15 years remaining, plus a 10-year option with a cash buyout. It also provides an exclusive option to develop additional housing within the campus. The owner is responsible for capital projects, utility bills, and insurance.
Key Highlights
- Three townhouse‑style units within the SUNY Sullivan campus
- LEED‑certified building with basement space
- College handles lease‑up, management, and collections
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 12759, NY
1,568
Population
1,085
Households
1.4
Avg Household Size
31
Median Age
35%
College-Educated
92%
High-School Grad
3.9 sq mi
ZIP Area
402
Density / Sq Mi
$60,656
Median Household Income
$29,242
Median Earnings
$1,148
Median Rent
$77,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three townhouse-style residences are operated by the college under a ground lease within the SUNY Sullivan campus.
Where is this triplex located?
The property is located at 19-23 Greenway Lane Fallsburg, NY.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Three townhouse‑style units within the SUNY Sullivan campus; LEED‑certified building with basement space; College handles lease‑up, management, and collections
