Renovated Multifamily
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 Market154
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 1, Dining Room, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 4
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
playground area
Building Details
Year built
1951
Number of units
3
Building materials
Vinyl Siding
Architectural style
Other
Listing Agency:
Keller Williams Realty
(845) 928-8000
Listed By:
Joel J. Brach
(845) 637-7979
Added: May 7
Changed: Oct 6
Last Checked: Oct 7 at 9:06PM
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.
Set on approximately 0.70 acres, the property has three residential structures: a two-unit home and a separate bungalow or cottage. The main-floor residence includes a kitchen, dining and living areas, three bedrooms, and an attic room. The lower-level residence has been renovated with porcelain tile, a new kitchen, spacious rooms, and two bathrooms. The cottage also has a new kitchen. The main-floor unit received fresh paint and basic updates.
Recent site work includes a new septic system, fencing, and a swing set/playground area. Public water serves the property, and parking is available in a lot. B3 zoning allows consideration of residential, commercial, mixed-use, mobile-home-related, and other uses, subject to municipal approvals.
Recent site work includes a new septic system, fencing, and a swing set/playground area. Public water serves the property, and parking is available in a lot. B3 zoning allows consideration of residential, commercial, mixed-use, mobile-home-related, and other uses, subject to municipal approvals.
Key Highlights
- Three residential structures: a two‑unit home and a separate bungalow/cottage
- Approximately 0.70 acres with B3 zoning
- Renovated lower‑level residence with porcelain tile, a new kitchen, spacious rooms, and two bathrooms
Property Analytics
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - B3 zoning supports residential, commercial, and mixed-use possibilities, subject to municipal approvals.
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: Three residential structures: a two‑unit home and a separate bungalow/cottage; Approximately 0.70 acres with B3 zoning; Renovated lower‑level residence with porcelain tile, a new kitchen, spacious rooms, and two bathrooms
