Renovated Multifamily Property with
For Sale
$850,000
5039 Main Street, South Fallsburg, NY 12779
Residential Income, South Fallsburg, NY
Property SizeContact for details
Lot Size0.70 Acres
Days on Market109
Property Features for 5039 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 4, Bathroom 1, Dining Room, Bedroom 1, Bathroom 2
Parking features
Parking Lot
Interior features
First Floor Bedroom, Formal Dining
Lot features
Back Yard, Front Yard, Private
Elementary school
Benjamin Cosor Elementary School
Middle school
Fallsburg Junior-Senior High School
High school
Fallsburg Junior-Senior High School
Elementary school district
Fallsburg
Middle school district
Fallsburg
High school district
Fallsburg
Directions
Route 42 / Main Street in South Fallsburg. Property located on Main Street.
Standard status
Active
APN
2889-054-0-0001-004-000
Lot size
0.70 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6335
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating)
Water source
Public
Amenities
swing set/playground area
Building Details
Year built
1951
Number of units
3
Building materials
Vinyl Siding
Listing Agency:
Keller Williams Realty
(845) 928-8000
Listed By:
Joel J. Brach
(845) 637-7979
Added: May 7
Changed: Aug 20
Last Checked: Aug 23 at 12:06PM
MLS# 998725
Copyright © 2026 OneKey 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 includes three residential structures on approximately 0.70 acres. The primary residence contains two living units, including a main-level unit with a kitchen, dining area, living area, three bedrooms on one floor, and an attic room. Its lower-level unit has been renovated with porcelain tile flooring, a new kitchen, spacious rooms, and two bathrooms. A separate bungalow or cottage adds another renovated residential structure with a new kitchen.
The property carries B3 zoning, with residential, commercial, mixed-use, mobile-home-related, and other uses subject to municipal approvals. Recent property improvements include a brand-new septic system, fencing, and a swing set or playground area. Additional features include vinyl siding, electric heat, a parking lot, public water, and a 1951 construction date. The property is located on Main Street near seasonal communities, bungalow colonies, camps, resorts, and other area attractions.
The property carries B3 zoning, with residential, commercial, mixed-use, mobile-home-related, and other uses subject to municipal approvals. Recent property improvements include a brand-new septic system, fencing, and a swing set or playground area. Additional features include vinyl siding, electric heat, a parking lot, public water, and a 1951 construction date. The property is located on Main Street near seasonal communities, bungalow colonies, camps, resorts, and other area attractions.
Key Highlights
- Approximately 0.70 acres with three residential structures
- Primary residence includes two living units and a renovated lower‑level apartment
- Separate renovated bungalow/cottage with a new kitchen
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Explore this area
Business Placement
Demographics for 12779, NY
2,665
Population
1,562
Households
1.7
Avg Household Size
32
Median Age
16%
College-Educated
69%
High-School Grad
6.7 sq mi
ZIP Area
398
Density / Sq Mi
$48,914
Median Household Income
$35,884
Median Earnings
$968
Median Rent
$275,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three residential structures include updated living spaces, parking, public water, and a recently installed septic system.
Where is this multifamily property located?
The property is located at 5039 Main Street South Fallsburg, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approximately 0.70 acres with three residential structures; Primary residence includes two living units and a renovated lower‑level apartment; Separate renovated bungalow/cottage with a new kitchen
