5355 New York 23 Windham, NY $ 689,000
5355 New York 23
$ 689,000
Recently Listed
Share Save

5355 New York 23

Windham, NY, 12496
$ 689,000
Bedrooms5 Baths0.0 Sq 2,500

Monthly Estimate*

$ 4,242

5355 New York 23, Windham, NY 12496 - Image 1
5355 New York 23, Windham, NY 12496 - Image 2
5355 New York 23, Windham, NY 12496 - Image 3
5355 New York 23, Windham, NY 12496 - Image 4
5355 New York 23, Windham, NY 12496 - Image 5
5355 New York 23, Windham, NY 12496 - Image 6
5355 New York 23, Windham, NY 12496 - Image 7

Multi-Family Home for sale in Windham, NY

for $689,000 with 5 bedrooms. This 2,500 square foot home was built in 1965 on a lot size of 0.24.

CALLING INVESTORS - PRIME WINDHAM VILLAGE OPPORTUNITY Rare opportunity in the heart of Windham Village with exceptional commercial and residential development potential. Positioned in one of the Catskills' most desirable four-season destinations, this property offers investors the chance to capitalize on the continued growth and popularity of Windham. Windham is truly ''the place to be,'' attracting visitors year-round with its breweries, restaurants, movie theater, live entertainment venues, walking paths, golf, and outdoor recreation -- all just minutes to skiing at Windham Mountain Club. This property presents tremendous upside potential for: • Mixed-use commercial/residential development • Retail with upscale apartments above • Boutique hospitality or vacation rental concepts • Restaurant, brewery, or entertainment venue • Expanded multi-unit residential use A major value-added component already exists through participation in the NYC Watershed/CWC flood mitigation program. The current ownership has completed the first three phases of approvals and applications, positioning the project for construction application status. Approximately 3/4 of associated cost is covered for: • Elevating the building due to flood zone • Constructing a new foundation • Relocating utilities to the first floor To preserve continuity within the approved program, ownership is structured through 5355 Main Street, LLC, allowing a purchaser to step directly into the existing approval process and benefits already secured. Additionally, prior approvals from the Town of Windham included: • A rear addition • Expanded first-floor commercial space • Relocation of apartments to upper levels Ownership was also advised that a future third floor of apartments would likely receive approval, creating even greater residential income potential. With strong tourism, growing demand, and limited village inventory, this is a strategic opportunity for investors and developers seeking a high-visibility property with approvals, infrastructure planning, and substantial upside already in motion

See more

Multi-Family Active

Price

$ 689,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 3,836

Style

Lot Size

0.24

Year Built

1965

Town/City

Windham

County/Region

Greene

MLS | Web ID

20262874

Features
General
Zoning 01
Year Built 1965
Township Windham
Property Subtype Multi Family
County Greene
New Construction false false
Property Type Residential Income
Status Active
City Windham
High School District Wind-Ash-Jewett
Number Of Units Total 4
MLS Area Windham
Lot Size Units Acres
Lot Size Square Feet 10454.4
Tax Annual Amount 3836
MLS Area Minor Windham
Standard Status Active
Tax Assessed Value 169500
Tax Lot 22
See more
Interior
Above Grade Finished Area 2500
Total Bedrooms 5
Below Grade Finished Area 0
Total Baths 0
See more
Exterior
Lot Size Area 0.24
Building Area Total 2500
Lot Size Acres 0.24
See more
* Excluded Features
List By
Carol Shaw

Listing Agent

Shaw Country Realty, Inc.

Broker

cshaw254@gmail.com

Email

Affordability Calculator

$4,562
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,242
Monthly Property Taxes
$320
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/1/2026$689,000 Listed Price

Map


See all

5355 New York 23, Windham, NY, 12496 is a Multi-Family Home for sale at $689,000 with 2,500 sqft and a lot size of 0.24. 5355 New York 23 has 5 bedrooms, 0.0 baths, and was built in 1965. The property's zip code is 12496 which is in Windham, NY