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Mixed-Use Property with Four-Unit Multifamily
New
For Sale
$799,000

2376 -2378 Route 23b, South Cairo, NY 12482

Two parcels combine a commercial building with residential space and a separate, fully leased apartment building.

Property Size5,116 SF
Lot Size1.50 Acres
Days on Market5

Property Features for 2376 -2378 Route 23b

General Information

Standard status Active
Size 5,116 SF
Lot size 1.50 Acres
Property subtype Multi Family

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $11,473

Building Details

Building Size 5,116 SF
Year Built 1970
Buildings 2
Tenancy Multi
Listing Agency: Century 21 New West
Listed By: Erin Ye · License #10301223161
Source: Stonehouseproperties
Added: Oct 15 Changed: Oct 19 Last Checked: Oct 19 at 2:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 New West

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Investment Insights

Based on property information with market context.

This mixed-use holding spans two parcels totaling approximately 1.5 acres. The multifamily building contains four apartments: three one-bedroom, one-bath units and one two-bedroom, one-bath unit. A separate commercial building includes a three-bedroom, two-bath apartment on the upper floor and the Alpine Pork Store. Both buildings have new roofs; the apartment above the commercial space is identified for renovation.

The property is near the Village of Catskill, Cairo’s Main Street corridor, and the NYS Thruway. The parcels are to be conveyed together because the septic system serving the commercial building is located on the multifamily parcel.

Key Highlights

  • Two parcels totaling approximately 1.5 acres
  • Four‑unit building: three 1‑bedroom, 1‑bath apartments and one 2‑bedroom, 1‑bath apartment
  • Multifamily building is fully rented

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Electrical Service Storage Facility Butcher

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 12482, NY

599
Population
276
Households
2.2
Avg Household Size
41
Median Age
5%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
260
Density / Sq Mi
$47,319
Median Earnings
$919
Median Rent
$165,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two parcels combine a commercial building with residential space and a separate, fully leased apartment building.
Where is this mixed-use property located?
The property is located at 2376 -2378 Route 23b South Cairo, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two parcels totaling approximately 1.5 acres; Four‑unit building: three 1‑bedroom, 1‑bath apartments and one 2‑bedroom, 1‑bath apartment; Multifamily building is fully rented
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