62 Main Street Philmont, NY $ 3,229,000
62 Main Street
$ 3,229,000
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62 Main Street

Philmont, NY, 12534
$ 3,229,000
Baths0.0

Monthly Estimate*

$ 20,388

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Studio

Multi-Family Home for sale in Philmont, NY

for $3,229,000. This home was built in 1979 on a lot size of 1.15.

Six buildings, twenty-three units, four blocks of the Philmont village core, held in single ownership since 2022 and offered as one. Nineteen units leased. Trailing twelve-month net operating income of 195,147 dollars on 306,128 dollars of effective gross income, cash basis, per ownership's books; stabilized net operating income projected at 223,289 dollars once four ordinary vacancies are turned at rents already achieved in the same buildings. The repositioning is a record rather than a projection: tenants in continuous occupancy since the 2022 acquisition have seen contract rents rise from a median of 825 dollars to a median of 1,275 dollars on the same units. Ownership converted 62 Main from central oil to individual electric heat, restored facade work, renovated bathrooms and upgraded insulation throughout. 62 Main (6 units), 20 Church (4), 7 Canal (4), 3 Elm (4), 3 Church (3), 5 Elm (2). Fifteen minutes to Hudson and Amtrak.

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Multi-Family Active

Price

$ 3,229,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 23,649

Style

Lot Size

1.15

Year Built

1979

Town/City

Philmont

County/Region

Columbia

MLS | Web ID

20265238

Features
General
Zoning multifamily
Year Built 1979
Township Claverack
Property Subtype Duplex
County Columbia
New Construction false false
Property Type Residential Income
Status Active
City Philmont
High School District Taconic Hills Central Schools
Zoning Description Multifamily Apartments. Tenancy CO renewed annually
Number Of Units Total 23
MLS Area Claverack
Lot Size Units Acres
Lot Size Square Feet 50094
Tax Annual Amount 23649
MLS Area Minor Claverack
Standard Status Active
Tax Assessed Value 1070800
Tax Lot 3
Legal Description 66% assessment level Claverack
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Interior
Above Grade Finished Area 0
Total Bedrooms 0
Below Grade Finished Area 0
Total Baths 0
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Exterior
Lot Size Area 1.15
Building Area Total 0
Lot Size Acres 1.15
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* Excluded Features
List By
Kathryn Johnson

Listing Agent

William Pitt Sotheby's Interna

Broker

kathryn.johnson@sothebys.realty

Email

Affordability Calculator

$22,359
Per Month
91%
9%
0%
Monthly Principal & Interest
$20,388
Monthly Property Taxes
$1,971
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/9/2026$3,229,000 Listed Price

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62 Main Street, Philmont, NY, 12534 is a Multi-Family Home for sale at $3,229,000 with a lot size of 1.15. 62 Main Street is a studio with 0.0 baths and was built in 1979. The property's zip code is 12534 which is in Philmont, NY