692-698 Ny-32a Palenville, NY $ 795,000
692-698 Ny-32a
$ 795,000
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692-698 Ny-32a

Palenville, NY, 12463
$ 795,000
Bedrooms5 Baths0.0 Sq 2,673

Monthly Estimate*

$ 4,960

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Multi-Family Home for sale in Palenville, NY

for $795,000 with 5 bedrooms. This 2,673 square foot home was built in 1925 on a lot size of 1.2.

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.

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Multi-Family Active

Price

$ 795,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 5,972

Style

Cottage

Lot Size

1.2

Year Built

1925

Town/City

Palenville

County/Region

Greene

MLS | Web ID

20250188

Features
General
Sewer Septic Tank
Heating Baseboard Electric Oil
Roof Asphalt Shingle
Appliances Refrigerator Range
Zoning RES 1
Patio/Porch Features Front Porch Rear Porch Wrap Around
Architectural Style Cottage
Construction Materials Aluminum Siding Wood Siding
Year Built 1925
View Mountain(s)
Township Catskill
Property Subtype Multi Family
County Greene
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Garage Y/N N
Other Structures Shed(s)
Status Active
City Palenville
Senior Community Y/N N
High School District Catskill School District
Number Of Units Total 4
MLS Area Greene
Lot Size Units Acres
Lot Size Square Feet 52272.0
Carport Y/N N
Tax Annual Amount 5972.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Greene
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 114000
Tax Lot 1
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Interior
Flooring Bamboo Hardwood Tile
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2673.0
Total Bedrooms 5
Below Grade Finished Area 0.0
Total Baths 0
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Exterior
Water Source Shared Well
Lot Size Area 1.2
Spa N
Building Area Total 2673.0
Lot Size Acres 1.2
Waterfront Y/N N
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Internal Only
Street Number 1 692698
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* Excluded Features
List By
Richard Vizzini

Listing Agent

Corcoran Country Living

Broker

richvrealtor@gmail.com

Email

Affordability Calculator

$5,457
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,960
Monthly Property Taxes
$498
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2616081 Elementary School
2615968 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2025$795,000 -11.57% Price Down
4/22/2025$899,000 -2.81% Price Down
3/31/2025$925,000 -2.12% Price Down
3/10/2025$945,000 -5.03% Price Down
1/22/2025$995,000 Listed Price

Map


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692-698 Ny-32a, Palenville, NY, 12463 is a Multi-Family Home for sale at $795,000 with 2,673 sqft and a lot size of 1.2. 692-698 Ny-32a has 5 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 12463 which is in Palenville, NY