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Property Description

Welcome to 423 Main Street, a rare investment opportunity located right in the heart of Rosendale. This fully occupied four-unit multifamily with an additional 1-bedroom accessory dwelling unit offers strong, stable income and long-term tenants with an excellent payment history. Total collected rent is an impressive $7,550 per month, allowing an investor to step in and start generating profit immediately.

The property sits along vibrant Main Street, placing residents within walking distance to shops, restaurants, and community amenities. Outdoor enthusiasts will love the ability to walk or bike directly to the nearby Wallkill Valley Rail Trail, with quick access to the Mohonk Preserve and Minnewaska State Park only minutes away. Commuters benefit from an easy drive to the New York State Thruway, making this an ideal location for both convenience and lifestyle.

Tenants pay for their own electricity and personal utilities (cable/Wi-Fi). The owner covers heat, hot water, garbage service, and landscaping, offering simple, predictable management.

Rent Roll:
Apartment 1 – First Floor
1 Bedroom
$1,100

Apartment 2 – First Floor
2 Bedroom
$1,950

Apartment 3 – Entire Second Floor
3 Bedroom
$2,300

Apt 4 – Studio Attic Unit
$600

Accessory Dwelling Unit (Rear Cottage)
1 Bedroom
$1,600

Total Monthly Income
$7,550

This can be a package deal with 425 Main St next door.

Features
Heating System:
Oil, Baseboard
Cooling System:
No
Basement:
Full, Walk-out Access
Parking Features:
On Street, Open
Sewer:
Public Sewer
Utilities:
Trash Collection Private, Electricity Connected, Cable Connected, Water Connected, Sewer Connected, Propane
Address Map
City:
Rosendale
State:
NY
County:
Ulster County
Directions:
Take Route 32 to Main St to 423.
Property and Construction
Development Status:
Frame
Elementary School:
Marbletown Elementary School
High School:
Rondout Valley High School
Agent MlsId:
58539
Office MlsId:
EXPRLT05
MiddleOrJunior School:
Rondout Valley Junior High School
Number Of Units:
5
Special Listing Conditions:
No
Tax Annual Amount:
$9,594
Water Source:
Public
PhotosCount:
29

Commercial Sale For Sale

423 Main Street, Rosendale, NY

8,712 Acre
$835,000
Listing ID #939936
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
939936
Price :
$835,000
Bathrooms Total :
0
Building Area :
4,138 Sqft
Lot Area :
8,712 Acre
Year Built :
1920
Status :
Active
Status :
Active
Listing Office :
eXp Realty
Listing Agent :
Martin Krakower
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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