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Listed by: Corcoran Country Living

$ 899,000

Est. payment -/mo

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Active

692-698 Ny-32a Palenville, NY 12463

5 Beds

2,673 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,673 sqft

Price per Sqft $336

MLS Listing ID 20250188

Style Cottage

Bedrooms 5

Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

Year Built 1925

Annual Tax Amount $5,897

Tax Year 5897

Lot Size 1.200 Acres

Acres 1.2

Property Sub-Type Multi Family

Property Description

Imagine this: Four individual stand-alone beautifully renovated Catskills cottages on a 1.2 acre parcel with potential for 100,000+ short-term and holiday rental income annually. Nestled in the the heart of historic Palenville, at the Gateway to Ski Country and just down the street from award-winning foodie destination, Circle W Sandwich Shop & General Store. This gorgeous property with breathtaking mountain views and hemmed by a white picket fence and dotted with mature lilacs and mulberry trees, is just a stone's throw to world famous Kaaterskill Falls and public swimming holes, Hunter and Windham Ski Resorts, North/South Lake State Park, and the cultural, culinary and shopping meccas of Woodstock and Hudson. With each cottage offering its own unique charm and character, you can envision a vibrant community of visitors and residents alike, all drawn to the serene beauty and rich history of the Catskills. Whether it's the cozy living spaces beckoning guests after a day of skiing, or the inviting porches perfect for summer evenings spent under the stars, these cottages are designed to be a haven of relaxation and enjoyment. Whether you decide to reside in one of the homes while renting out the others on Airbnb, or leverage all four properties to establish a successful short-term rental business, seize this golden opportunity. For those seeking a more personal touch, the option to create a private retreat for friends and family opens up a world of possibilities. Picture festive gatherings, intimate weekends, or simple moments of tranquility shared with loved ones, all within the picturesque setting of these charming homes. The potential is truly limitless, and with the right vision and care, this unique property can become a cornerstone of cherished memories and successful ventures for years to come.

Location

State NY

County Greene

Area Greene

Zoning RES 1

Interior

Heating Baseboard, Electric, Oil

Flooring Bamboo, Hardwood, Tile

Exterior

View Mountain(s)

Roof Type Asphalt,Shingle

Porch Front Porch, Rear Porch, Wrap Around

Building

Sewer Septic Tank

Water Shared Well

Architectural Style Cottage

Schools

High Schools Catskill

School District Catskill

Others

Tax ID 199.08-1-1

AFFORDABILITY CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

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Zev Eisenberg

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+1(845) 622-5660