5017 S Fallsburg Main Street 5019,South Fallsburg, NY 12779
South Fallsburg, NY 12779
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!
Details
| MLS # | 1003041 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 90 |
| Listing Provided By | eRealty Advisors, Inc | Shaye I. Teitelbaum |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 2,931 |
| Basement | Y |
| Units | 4 |
| Acreage | 0.69 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard, Electric |
| Interior Features | First Floor Bedroom, Built-in Features, Original Details |
Exterior
| Construction Materials | Aluminum Siding, Frame, Vinyl Siding |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Parking Lot |
Utilities
| Utilities | Electricity Connected, Phone Connected |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 75000 |
| Tax Annual Amount | 6060.72 |
Area Information
| State | NY |
|---|---|
| County | Sullivan County |
| City | South Fallsburg |
| Zip Code | 12779 |
| School District | Fallsburg Junior-Senior High Sch |
| Elementary School | Benjamin Cosor Elementary School |
| High School | Fallsburg Junior-Senior High Sch |
| Listing VS Median (in 12779) | |
Price: $539,000 low | high Med: $549,000 sqft: 2,931 low | high Med: 2,490 $ / sqft: $184 low | high Med: $220 On site: 90 low | high Med: 258 | |
Market Activity 12779
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Learn More About This Property
| State | NY |
|---|---|
| County | Sullivan County |
| City | South Fallsburg |
| Zip Code | 12779 |
| School District | Fallsburg Junior-Senior High Sch |
| Elementary School | Benjamin Cosor Elementary School |
| High School | Fallsburg Junior-Senior High Sch |
| Listing VS Median (in 12779) | |
Price: $539,000 low | high Med: $549,000 sqft: 2,931 low | high Med: 2,490 $ / sqft: $184 low | high Med: $220 On site: 90 low | high Med: 258 | |
