Multifamily Property With Two
2 Station Hill Road, Ferndale, NY 12734
MULTI_FAMILY - Ranch - Ferndale, NY
Type:Single Family Residence
Property size:
1,772 SFLot size:
0.51 Acres- Added:
- Mar 4, 2026
- Days on Market:
- 123
- Last Refresh:
- Jul 5 at 7:06 am
Property Features for 2 Station Hill Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Basement, Bedroom 2
- Parking features
- Driveway
- Interior features
- First Floor Bedroom, Eat-in Kitchen
- Basement
- Partial
- Standard status
- Pending
- APN
- 3689-036-0-0001-096-000
- Size
- 1,772 SF
- Lot size
- 0.51 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 6000
Utilities
- Sewer type
- Septic Tank
- Heating system
- Oil
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 2
- Architectural style
- Ranch
Listing agent Yochevad R. Peker (845) 263-7492
Listing office Keller Williams Hudson Valley 10 Esquire Rd. Ste #4, New City, NY (845) 639-0300
Listing date Mar 4, 2026
MLS# 963653
Listing URL
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two properties sold together totaling 0.58 acres in the Ferndale area of Sullivan County
- Multi‑family property at 2 Station Hill Road, Unit #4, includes two distinct homes on 0.51 acres
- Ranch home: 880 SF with 2 bedrooms and 1 bath, plus kitchen and living room
- Older‑style home: 1,772 SF with 3 bedrooms and 2 baths, kitchen and dining room, with partially finished walk‑up attic
- Unfinished basement included; both homes have water from public source and sewer via septic tank
- Additional small vacant lot at Station Hill Rd W: 3,049 SF (0.07 acres)
Overview
This offering is being sold as two properties together. The primary parcel at 2 Station Hill Road, Unit #4, Ferndale includes a multifamily configuration with two distinct homes. The ranch home has 2 bedrooms and 1 bath, along with a kitchen and living room. An older-style home provides 3 bedrooms and 2 baths, with a kitchen and dining room, plus a partially finished walk-up attic and an unfinished basement. The second property is a small vacant lot at Station Hill Rd W, Ferndale, intended to add supplemental outdoor space and flexibility for storage or future ideas, subject to local zoning.
The package totals 0.58 acres and is positioned in the Ferndale area in Sullivan County. The seller’s remarks note convenient proximity to shopping, schools, parks, and major roadways.
For tenants, buyers, or owners looking for a multi-residence setup, the layout supports either owner-occupancy with a separate home, or renting the additional unit(s). The walk-up attic and unfinished basement can also be useful for storage and may provide a foundation for future improvements. Both properties are offered As-Is, making this a practical option for buyers ready to assume the current conditions and verify plans with local authorities.
The package totals 0.58 acres and is positioned in the Ferndale area in Sullivan County. The seller’s remarks note convenient proximity to shopping, schools, parks, and major roadways.
For tenants, buyers, or owners looking for a multi-residence setup, the layout supports either owner-occupancy with a separate home, or renting the additional unit(s). The walk-up attic and unfinished basement can also be useful for storage and may provide a foundation for future improvements. Both properties are offered As-Is, making this a practical option for buyers ready to assume the current conditions and verify plans with local authorities.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.8k | $12.84 |
| − Vacancy | −$2.6k | −$1.45 |
| EGI | $20.2k | $11.39 |
| − OpEx | −$6.1k | −$3.42 |
| NOI | $14.1k | $7.97 |
1,772 SF · lease $12.84/SF/yr · vacancy 11.30% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$201.8K
$176.6K – $235.5K
NOI $14,127 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$193.3K
$169.1K – $225.5K
NOI $13,528 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$486.0K
$425.3K – $567.0K
NOI $34,022 @ 7.0% cap · market cap 13.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Ferndale
- County
- Sullivan
- State
- New York
- Longitude
- -74.739044
- Latitude
- 41.773239
FAQs
What type of property is this?
Duplex - Two properties sold together, including a multifamily building with two distinct residences plus an adjacent vacant lot.
Where is this duplex located?
The property is located at 2 Station Hill Road Ferndale, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two properties sold together totaling 0.58 acres in the Ferndale area of Sullivan County; Multi‑family property at 2 Station Hill Road, Unit #4, includes two distinct homes on 0.51 acres; Ranch home: 880 SF with 2 bedrooms and 1 bath, plus kitchen and living room
