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Property profile & analytics
OFF-MARKET Estimated value $805,000
Investment properties

398 Main St Rosendale, NY 12472

8,595 SF 0.51 ac lot Built 1960
Entity Owned ~ Est. High Equity
Property ID
US63-2734406
Property summary
AI-generated overview

This unique 1896 neo-Gothic style property in Rosendale, NY, presents a compelling investment opportunity. Comprising two buildings on approximately half an acre, this mixed-use property boasts a rich history. Originally the Rosendale Reformed Church until 1971, it later served as a Volunteer Firemen's Association building before its transformation into a thriving glass art studio and residential complex. A significant renovation in 2012 reconfigured a 60' x 40' space into a versatile event venue, currently operating as a supplemental income stream. The venue features soaring ceilings, original fir flooring, a stunning front window, a preserved original corner pulpit, and a 1950s curved wet bar, creating a captivating atmosphere ideal for various events. The property also includes three income-generating apartments, providing a consistent rental income stream. Its prime location on Main Street offers excellent visibility and accessibility, situated adjacent to municipal parking and the Willow Kiln Park/Joppenbergh Mountain. The Empire State Trail's proximity further enhances its appeal. This town-approved event venue, combined with the art studio and residential rentals, presents a multifaceted income-generating property with significant potential for future growth and development in the vibrant Hudson Valley town of Rosendale, nestled between New Paltz and Kingston. The property's historical charm, combined with its modern functionality, makes it a truly exceptional investment opportunity.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1960
Total area 8,595 SF
Lot 0.51 ac (22,216 SF)
Zoning code B-1
APN 514600 62.82-5-15
UPID US63-2734406
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Belltower Venue Wedding Service
  • Oxygen Design Group Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$840k
Blend (final) Blend
$805k
Owner & transaction history
4 David LLC
4 David LLC
since 2026
2 recorded transactions
2026
$1.3M
1969
Price N/A
Zoning & alternative use
B-1 · Rosendale, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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