Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Five-Unit Investment Property Title is generated by Realmo AI

    871 Main St, Margaretville, NY 12455

    View on Map
    Claim this Listing
    For Sale
    $225,000

    Five-unit tenant-occupied investment property subject to third-party approval.

    Type:Commercial
    Added:
    Apr 15, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 1 at 2:46 am

    Property Features for 871 Main St

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1920

    We can help!

    Listing Contact
    Non Member-MLS

    Listing agent Emmanuel Heredia

    Listing office Keller Williams Realty NYC Group

    Listing date Apr 15, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty NYC Group

    HighLights

    • Five‑unit investment property
    • Tenant‑occupied
    • Year Built: 1920
    • Short sale
    • Subject to third‑party approval
    • Somewhat Bikeable (bikeScore: 16)

    Overview

    This is a five-unit, tenant-occupied investment property that is for sale. The sale is a short sale and is subject to third-party approval. The property has a walk score of 48, indicating that it is car-dependent. The bike score is 16, indicating that it is somewhat bikeable. Please do not disturb the occupants.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Big Box & Wholesale Store Dental Office Spa & Massage Center Hair Salon Auto Repair Shop Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Margaretville
    County
    Delaware
    State
    New York
    Longitude
    -74.642033
    Latitude
    42.150663

    Nearby Similar for Sale

    • $799,000
      2,200 SF

      Catskills Property with River Frontage

      23.38-acre property with river frontage and existing infrastructure.
      42565 Route 28, Margaretville, NY 12455
      View Details
    • $395,000
      3,958 SF

      Mixed-Use Investment in Margaretville Village

      Mixed-use property with residential and commercial spaces in the Catskills.
      806 Main Street, Margaretville, NY 12455
      View Details
    • $395,000
      3,958 SF

      Mixed-Use Investment in Margaretville, NY

      Mixed-use property in the heart of historic Margaretville Village.
      806 Main Street, Margaretville, NY 12455
      View Details
    • $699,000
      7,181 SF

      Margaretville Commercial Opportunity on 4.4 Acres

      Prime commercial property with established businesses and expansion potential in Margaretville.
      42235 State Highway 28, Margaretville, NY 12455
      View Details
    • $549,000

      Retail Property with Rental Income

      Retail property with renovated apartment and additional land.
      42473 State Highway 28, Margaretville, NY 12455
      View Details
    • $650,000
      8,732 SF

      Main Street Mixed-Use Opportunity

      Income-producing property with retail, office, and residential potential.
      724-730 Main Street, Margaretville, NY 12455
      View Details
    • $395,000
      3,958 SF

      Margaretville Mixed-Use Investment Opportunity

      Mixed-use property in the heart of historic Margaretville Village.
      806 Main St, Margaretville, NY
      View Details
    • $385,000
      2,064 SF

      Thriving Bar and Retail Space

      Versatile commercial property with established bar and retail tenants.
      850 Main St, Margaretville, NY, 12455-8028
      View Details
    • $225,000

      Five-Unit Investment Property in Margaretville

      Tenant-occupied five-unit investment property in Margaretville, New York.
      871 Main Street, Margaretville, NY 12455
      View Details

    FAQs

    What type of property is this?
    Apartment building - Five-unit tenant-occupied investment property subject to third-party approval.
    Where is this apartment building located?
    The property is located at 871 Main St Margaretville, NY.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Five‑unit investment property; Tenant‑occupied; Year Built: 1920
    00000000
    We can help!
    Listing Contact
    Non Member-MLS
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    871 Main St, Margaretville, NY 12455
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!