Windham Multifamily Investment
For Sale
Under Contract
$549,000
41 County Road 40, Windham, NY 12496
MULTI_FAMILY - Windham, NY
Property Size4,800 SF
Lot Size4.00 Acres
Price / SF$114.38
Days on Market1038
Property Features for 41 County Road 40
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
411
Zoning description
411 Apartment
Bedrooms
7
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 5, Bedroom 7, Bathroom 1, Bathroom 6, Bedroom 2, Bathroom 3, Bedroom 6, Bathroom 4, Bathroom 5, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Patio and Porch features
Porch, Deck
Interior features
High Speed Internet
Appliances
Electric Water Heater
Elementary school district
Wind-Ash-Jewett
Middle school district
Wind-Ash-Jewett
High school district
Wind-Ash-Jewett
Directions
Use County Route 40, or County Road 40 or Maple Crest Rd in Hensonville or Windham for GPS. From Route 23, take Route 296 through Hensonville, go over the bridge and make a right, then on the left #4
Subdivision
Windham
Standard status
Active Under Contract
APN
96.18-2-4
Size
4,800 SF
Lot size
4.00 Acres
Taxes and HOA fees
Tax Annual Amount
4680
Utilities
Sewer type
Public Sewer
Heating system
Oil, Hot Water(Heating), Baseboard
Water source
Public
Building Details
Year built
1975
Floors in Building
2
Number of units
5
Building materials
Frame, Vinyl Siding, Wood Siding
Roof type
Metal
Listing Agency:
RVW Select Properties
(518) 943-5303
Listed By:
Theodore Banta III · License #10311209842
(518) 466-1219
Added: Oct 14, 2023
Changed: Jul 24
Last Checked: Aug 16 at 5:06PM
MLS# 150051
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 multifamily property in the hamlet of Hensonville, Windham, presents an investment opportunity. It features five units: four units have two bedrooms and one bathroom each, and one unit has three bedrooms and two bathrooms. The property includes a large barn, ample parking, a front covered patio, a second-floor covered deck, yard space, and three driveway entrances. The annual rent roll is $62,700. Situated on a 4-acre lot, the property is conveniently located near area attractions. It is 5 minutes from Windham Ski Mountain, 10 minutes from Hunter Mountain, 15 minutes from Colgate Lake and Zoom Flume Water Park, 3 minutes from Windham Country Club, 5 minutes from CD Lane Park, and 20 minutes from North-South Lake Campground. The building size is approximately 4,800 square feet. The zoning is 411.
Key Highlights
- 5‑unit multifamily property with an annual rent roll of $62,700
- Unit mix: four 2‑bedroom, 1‑bath units and one 3‑bedroom, 2‑bath unit
- Large barn plus ample parking and yard space
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 12496, NY
1,508
Population
2,006
Households
0.8
Avg Household Size
52
Median Age
46%
College-Educated
94%
High-School Grad
43.3 sq mi
ZIP Area
35
Density / Sq Mi
$68,173
Median Household Income
$49,491
Median Earnings
$288,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit multifamily property with barn near Windham attractions.
Where is this apartment building located?
The property is located at 41 County Road 40 Windham, NY.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 5‑unit multifamily property with an annual rent roll of $62,700; Unit mix: four 2‑bedroom, 1‑bath units and one 3‑bedroom, 2‑bath unit; Large barn plus ample parking and yard space
