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Triplex on Acreage
For Sale
$145,000

5387 State Rt 28, Newport, NY 13416

Residential Income, Newport, NY

Property Size4,300 SF
Lot Size3.30 Acres
Price / SF$33.72
Days on Market8

Property Features for 5387 State Rt 28

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Mixed Use
Bedrooms 7
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 7, Bedroom 1, Laundry Room, Bedroom 5, Bedroom 2, Bathroom 3, Bedroom 6, Bathroom 2, Bathroom 1
Parking features Underground/Basement
Patio and Porch features Porch, Deck, Patio
Interior features Entrance Foyer
Fireplace 1
View Water
High school district WEST CANADA VALLEY CENTRAL SCHOOL DISTRICT
Standard status Active
APN 094.3-2-35.2 &35.1
Size 4,300 SF
Lot size 3.30 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4666

Utilities

Heating system Hot Water(Heating), Oil, Baseboard, Wood
Water source Well
Water front features Stream
Water front 1

Building Details

Year built 1977
Floors in Building 1
Flooring type Vinyl, Carpet, Laminate
Building materials T111 Siding
Roof type Metal
Listing Agency: BRUCE WARD & COMPANY
Listed By: K Bruce Ward
Added: Oct 8 Changed: Oct 13 Last Checked: Oct 15 at 1:06PM
MLS# 12019374

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.

Investment Insights

Based on property information with market context.

This 4,300-square-foot triplex, built in 1977, sits on 3.3 acres and is positioned above West Canada Creek. The building needs renovation and includes four bathrooms, a porch, deck, patio, and fireplace. A well serves the property; heating includes hot water, baseboard, oil, and wood systems. Parking is located in the basement or underground area.

The property is on State Rt. 28 and adjoins a New York State fishing site. Past uses included a cafe and gift shop. The setting along the creek and the existing three-unit configuration are defining features of the property.

Key Highlights

  • Three‑unit building with 4,300 square feet
  • Situated on 3.3 acres overlooking West Canada Creek
  • Adjoins a New York State fishing site

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Building Supply Hair Salon Nail Salon Pet Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 13416, NY

2,099
Population
973
Households
2.2
Avg Household Size
44
Median Age
18%
College-Educated
92%
High-School Grad
50.3 sq mi
ZIP Area
42
Density / Sq Mi
$83,125
Median Household Income
$46,607
Median Earnings
$738
Median Rent
$160,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - A three-unit property with creek views and outdoor features including a porch, deck, and patio.
Where is this triplex located?
The property is located at 5387 State Rt 28 Newport, NY.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Three‑unit building with 4,300 square feet; Situated on 3.3 acres overlooking West Canada Creek; Adjoins a New York State fishing site
More about this property
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