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Quadplex Property with Stream
New
For Sale
$129,000

40 Lake Mills Road, Cairo, NY 12413

MULTI_FAMILY - Cairo, NY

Property Size3,420 SF
Lot Size2.25 Acres
Price / SF$37.72
Days on Market1

Property Features for 40 Lake Mills Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning res
Rooms Basement
Basement Partial
Elementary school district Cairo-Durham Central School District
Middle school district Cairo-Durham Central School District
High school district Cairo-Durham Central School District
Directions From Catskill, take 23 west, Once in Cairo turn left at the intersection of route 32 Then make another left, then at the stop sign make another left. Property is on the right, see signs
Subdivision Cairo
Standard status Active
APN 84.00-6-24 and 84.00-6-25
Size 3,420 SF
Lot size 2.25 Acres

Taxes and HOA fees

Tax Annual Amount 799

Building Details

Year built 1960
Floors in Building 2
Number of units 4
Listing Agency: RVW Select Properties
Listed By: Bridget Hernandez
Added: Aug 10 Last Checked: Aug 10 at 6:06PM
MLS# 20264567

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.

This quadplex property comprises 2.25 acres with 3,420 square feet of existing improvements. The property includes a stream, wells, electric service, septic systems, and a basement. Built in 1960, it is zoned residential.

The existing buildings require substantial repair: the site is overgrown, the structures have sustained significant damage, and the property has been unoccupied for an extended period. Historical improvements included cabins, a restaurant and dining hall, and a two-story building with rooms, bathrooms, and a living room.

Key Highlights

  • 2.25‑acre residential property in Cairo, NY
  • 3,420 square feet of existing improvements
  • Stream located on the property

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Catering Service Electrical Service

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

Demographics for 12413, NY

2,914
Population
1,807
Households
1.6
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
16.6 sq mi
ZIP Area
176
Density / Sq Mi
$53,958
Median Household Income
$46,979
Median Earnings
$1,278
Median Rent
$208,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Residentially zoned acreage includes existing buildings, on-site wells, electric service, and septic systems.
Where is this quadplex located?
The property is located at 40 Lake Mills Road Cairo, NY.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: 2.25‑acre residential property in Cairo, NY; 3,420 square feet of existing improvements; Stream located on the property
More about this property
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