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    Owner-Financed Multifamily Property Title is generated by Realmo AI

    42855 State Hwy 28, Arkville, NY 12406

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    For Sale
    $999,000

    COMMERCIAL - Arkville, NY

    Lot size:
    2.50 Acres
    Added:
    Apr 7, 2025
    Days on Market:
    455
    Last Refresh:
    Jul 5 at 9:06 pm

    Property Features for 42855 State Hwy 28

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.50 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    Building Details

    Year built
    1957
    Building materials
    Vinyl Siding
    Roof type
    Asphalt

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    Mohammed Sayem

    Listing agent Mohammed Sayem

    Listing office CENTURY 21 DAWNS GOLD 646 TUCKAHOE RD, YONKERS, NY

    Listing date Apr 7, 2025

    MLS# 11214050 Listing URL

    Copyright © 2026 My State 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

    • Owner financing available with 45–50% down
    • 2.5‑acre property with 5 separate buildings and 10 rental apartments
    • 1957 construction with vinyl siding and an asphalt roof
    • Well water service (no water bill) and septic tank sewer
    • Tenants pay all utilities, including heat and hot water
    • Buildings include 2‑family homes, a cottage house, a large Victorian with multiple units, and a 3‑bedroom “golf course house” with fireplace

    Overview

    This for-sale multifamily rental property sits on 2.5 acres and comprises five separate buildings containing 10 apartments. The mix includes a small Victorian two-family home with two 2-bedroom units, a long house two-family home with one 2-bedroom unit and one 1-bedroom unit, a cottage house with a 1-bedroom unit, and a larger Victorian with studio, 2-bedroom, and multiple 1-bedroom apartments across several floors. A fifth building, the “Golf Course House,” provides a 3-bedroom, 1-bath layout with an open living area and deck. The property is described as having well-maintained grounds with private roads, along with common areas and gardens.

    In addition to the property’s multiple-building configuration, the operating setup is noted clearly: tenants pay all utilities, including heat and hot water. The water source is described as well water, with no water bill. Owner financing is available with 45–50% down per the remarks.

    For buyers seeking a hands-on rental setup, this asset offers multiple small-unit configurations under one ownership group, with several different apartment layouts suitable for a range of tenant needs. The separate buildings and landscaped common areas may appeal to operators looking for a more distinctive residential income presentation on acreage.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Arkville
    County
    Delaware
    State
    New York
    Longitude
    -74.632591
    Latitude
    42.146219

    FAQs

    What type of property is this?
    Apartment building - Five-building, 10-unit rental property on 2.5 acres with well water and tenant-paid utilities, including heat and hot water.
    Where is this apartment building located?
    The property is located at 42855 State Hwy 28 Arkville, NY.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Owner financing available with 45–50% down; 2.5‑acre property with 5 separate buildings and 10 rental apartments; 1957 construction with vinyl siding and an asphalt roof
    More about this property
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