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Two-Building Multifamily Property
For Sale
$380,000

430-432 NY 43, Stephentown, NY 12168

Commercial Sale, Stephentown, NY

Property SizeContact for details
Lot Size2.24 Acres
Days on Market364

Property Features for 430-432 NY 43

General Information

Property type Commercial Sale
Property subtype Other
Zoning Multi Residence
Bathrooms 9
Full bathrooms 9
Rooms Bathroom 2, Bathroom 4, Bathroom 5, Bathroom 3, Bathroom 6, Bathroom 1, Bathroom 7, Bathroom 8, Bathroom 9
Parking 9
Parking features Off Street
Patio and Porch features Porch, Deck
Interior features High Speed Internet, Paddle Fan, DSL Internet
Exterior features Garden
Lot features Views, Secluded, Mountain(s), Road Frontage, Level, Cleared, Garden
Directions East on NY 43 house on left in stephentown off NY43
Standard status Active
APN 384600
Lot size 2.24 Acres

Taxes and HOA fees

Tax Annual Amount 6700

Utilities

Sewer type Septic Tank
Heating system Oil, Baseboard
Cooling system Window Unit(s)
Water source Well

Amenities

private backyard
gardens
mature fruit trees
open space
creek

Building Details

Year built 1870
Floors in Building 2
Flooring type Vinyl, Wood, Hardwood, Concrete
Building materials Cedar, Wood Siding
Roof type Slate, Metal
Architectural style Other
Additional Structures Outbuilding
Listing Agency: Berkshire Hathaway Home Services Blake · Berkshire Hathaway HomeServices
Listed By: Sharon M McArdle · License #10401288788
Added: Oct 3, 2025 Changed: Sep 28 Last Checked: Oct 1 at 7:06PM
MLS# 202527083

Copyright © 2026 Global MLS, Inc. 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 includes two post-and-beam buildings at 430-432 NY 43 with four apartments and a combined 2.24-acre setting. Improvements include updated appliances, fixtures, wiring, insulation, furnace, and windows. Tenants pay their own heat and electric, while the property is served by well water and a septic tank. Slate and metal roofing, wood and hardwood flooring, baseboard oil heat, window-unit cooling, off-street parking, porches, and a deck add to the existing improvements.

The grounds include gardens, mature fruit trees, open space, and a creek. All apartment leases run through August 2026. The property is near the Berkshires, Hudson, Chatham, the Taconic State Parkway, I-90, and Albany. Built in 1870 and zoned Multi Residence, the offering combines established residential improvements with a substantial private setting.

Key Highlights

  • Two post‑and‑beam buildings with four apartments
  • 2.24‑acre property with gardens, mature fruit trees, open space, and a creek
  • Recent upgrades to appliances, fixtures, wiring, insulation, furnace, and windows

Property Analytics

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Current Use

Multifamily properties

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby

Demographics for 12168, NY

1,681
Population
793
Households
2.1
Avg Household Size
50
Median Age
33%
College-Educated
92%
High-School Grad
30.8 sq mi
ZIP Area
55
Density / Sq Mi
$86,028
Median Household Income
$41,451
Median Earnings
$216,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Four-apartment property with recent system upgrades, private grounds, and separate tenant-paid heat and electric.
Where is this multifamily property located?
The property is located at 430-432 NY 43 Stephentown, NY.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Two post‑and‑beam buildings with four apartments; 2.24‑acre property with gardens, mature fruit trees, open space, and a creek; Recent upgrades to appliances, fixtures, wiring, insulation, furnace, and windows
More about this property
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