BEDS6
BATHS3 full
MLS#1003041
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLFallsburg
Property Description
WOW! Prime, prime location in the heart of South Fallsburg! Situated directly on highly visible Route 42, right next to Heiden Rd and Lavista Rd, this property offers some of the best road frontage and exposure you will find in the area. Surrounded by bungalow colonies, shopping, and constant local traffic, the location alone makes this a rare and exciting opportunity for investors, business owners, or end users looking to secure a truly strategic piece of Catskills real estate.This fully legal 4-family / mixed-use property features 2 separate structures on one property, with a total of 4 apartments - currently almost fully occupied with solid year-round tenants, creating strong and stable income from day one. The property sits on beautiful grounds with plenty of flexibility and future upside. Whether you are looking for a smart investment, a property for extended family and friends to enjoy together, a central Catskills escape, or a prime location for a business opportunity, this property offers endless possibilities. There is still additional potential for the right buyer to upgrade the property, increase rents, and further maximize value over time, making this not just a stable investment, but an exciting value-add opportunity as well.The unmatched visibility and frontage on Route 42 make this an incredibly tasteful and smart investment choice. Opportunities like this - combining prime location, multiple income-producing units, mixed-use potential, strong occupancy, and future upside - are extremely hard to find, especially in one of the most desirable and rapidly growing areas of South Fallsburg. Inventory remains very limited while demand continues to grow.Priced well and expected to move fast. Whether you are an investor or an end user, opportunities like this rarely become available - Act quickly, bring your vision, and make this unique property yours!
Property Features
Property Type: Multi Unit - Multiple
Basement: Common
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Lot Size: 0.69 Acres
Taxes: $6,060
Year Built: 1900
Amenities
First Floor Bedroom
Built-in Features
Original Details
Feature Descriptions
Building Area Total: 2931
Exterior: Aluminum Siding, Frame, Vinyl Siding
On Market Date: 2026-05-26
Parcel Number: 2889-054-0-0001-007-000
Parking Features: Driveway, Parking Lot
Rental Term: Monthly
Sewer: Septic Tank
Units: 4
Utilities: Electricity Connected, Phone Connected
Water: Public
Local Schools
High School: Fallsburg Junior-Senior High School
Middle School: Fallsburg Junior-Senior High School
Elementary School: Benjamin Cosor Elementary School
School District: Fallsburg
Estimate Your Payment
Estimated Payment
$ 3,548.13 per month $2,877.17 Principal & Interest $505.00 Property Tax $165.96 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: eRealty Advisors, Inc
Agency Contact: 914-712-6330
Shown By
Agent Name: George Gabriel
Agent Phone: Cell: (631) 889-3396
Agency Title: Coldwell Banker American Homes
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5017 S Fallsburg Main Street, Unit 5019 | MLS# 1003041
This multi-family property located at 5017 S Fallsburg Main Street, Unit 5019, South Fallsburg, NY 12779 is currently listed for sale with an asking price of $569,000. S Fallsburg Main Street, Unit 5019 is located within the Fallsburg school district. Search South Fallsburg real estate on ggabriel.cbamhomes.com today.