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Historic Triplex Compound on Creek
For Sale
$2,175,000

589-595 Plank Road, Mount Tremper, NY 12457

Residential Income, Mount Tremper, NY

Property SizeContact for details
Lot Size5.50 Acres
Days on Market94

Property Features for 589-595 Plank Road

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 9
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 8, Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 4, Bedroom 9, Bedroom 1, Bedroom 6, Bedroom 7, Bathroom 5, Bathroom 3, Bedroom 5, Bathroom 2, Basement, Bedroom 2
Parking 10
Parking features Garage, Open
Security features Security Lighting
Window features Storm Window(s), Wood Frames, Double Pane Windows, Shutters, Skylight(s), ENERGY STAR Qualified WIndows, Insulated Windows, Bay Window(s)
Patio and Porch features Porch, Deck
Pool private 1
Interior features First Floor Bedroom, First Floor Full Bath, Beamed Ceilings, Breakfast Bar, Cathedral Ceiling(s), Ceiling Fan(s), Chefs Kitchen, Eat-in Kitchen, ENERGY STAR Qualified Door(s), Granite Counters, High Speed Internet, In-Law Floorplan, Kitchen Island, Low Flow Plumbing Fixtures, Natural Woodwork, Open Kitchen, Pantry, Master Downstairs, Recessed Lighting, Sauna, Storage, Washer/Dryer Hookup
Exterior features Balcony, Basketball Court, Basketball Hoop, Garden, Gas Grill, Juliet Balcony, Lighting, Rain Gutters
Fireplace 1
Basement Full, Walk-Out Access, Unfinished
Lot features Back Yard, Borders State Land, Front Yard, Garden, Landscaped, Part Wooded, Private, Views, Waterfront, Wooded
View Water
Elementary school Reginald Bennett Elementary School
Middle school Onteora Middle School
High school Onteora High School
Elementary school district Onteora
Middle school district Onteora
High school district Onteora
Directions From rte. 28 west- from Kingston, ny -go about 23 miles then right onto rte. 212 into Mt Tremper, then left at first intersection onto Plank Rd. Down on the right about 1.2 miles
Standard status Active
Lot size 5.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8995

Utilities

Utilities Cable Available
Sewer type Septic Tank, Cesspool
Heating system Energy Star Qualified Equipment (Heating), Electric (Heating), Forced Air
Cooling system Multi Units, Electric
Water source Spring
Water front features Creek, Beach Front
Water front 1

Amenities

pool
pool house
recording/yoga studio
private office
woodland studio
garden sheds
sauna
gas fireplace
standby generator
spring water

Building Details

Year built 1870
Number of units 3
Flooring type Hardwood, Carpet, Tile - Ceramic
Building materials Fiberglass Insulation, Shake Siding, Wood Siding
Architectural style Other
Additional Structures Cabana, Storage
Listing Agency: Greene Realty Group
Listed By: Derek J. Greene · License #0225265075
Added: Jun 10 Changed: Sep 2 Last Checked: Sep 11 at 4:06PM
MLS# 1003516

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 5.5 acres along Esopus Creek, this historic 1870 farmhouse compound includes a primary residence, a separate duplex building, studios, an office, workshops, and additional outbuildings. The main home combines updated roofing and cedar shake elements with hardwood and tile floors, a chef’s kitchen, multiple bedrooms, a private sauna, enclosed heated porch, fireplaces, and a full-property standby generator.

The secondary building contains two one-bedroom apartments, including one with a deck and cathedral ceiling, along with four garages and a woodworker’s shop. A separate studio offers white oak flooring, skylights, cathedral ceilings, a mini-split system, a full bath, and two additional rooms. The grounds include a 20' x 40' inground pool, a 50' deck, heated pool house, gardens, sheds, and creek frontage.

Additional infrastructure includes spring water, septic systems, metered LP gas, open parking, garage parking, and a climate-controlled 12' x 20' office.

Key Highlights

  • 5.5‑acre compound with direct Esopus Creek water frontage
  • Historic 1870 farmhouse with renovated interiors and a full‑property standby generator
  • Two one‑bedroom apartments plus four garages and a woodworker’s shop

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Hair Salon Nail Salon Gym & Fitness Center 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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby

Demographics for 12457, NY

738
Population
615
Households
1.2
Avg Household Size
53
Median Age
46%
College-Educated
94%
High-School Grad
11.4 sq mi
ZIP Area
65
Density / Sq Mi
$73,949
Median Household Income
$45,563
Median Earnings
$1,500
Median Rent
$386,100
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
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Frequently Asked Questions

What type of property is this?
Triplex - Multi-building property with two one-bedroom apartments, creative workspaces, and extensive outdoor amenities on a substantial creekfront setting.
Where is this triplex located?
The property is located at 589-595 Plank Road Mount Tremper, NY.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: 5.5‑acre compound with direct Esopus Creek water frontage; Historic 1870 farmhouse with renovated interiors and a full‑property standby generator; Two one‑bedroom apartments plus four garages and a woodworker’s shop
More about this property
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