3361 Rt-23A Palenville, NY $ 795,000
3361 Rt-23A
$ 795,000
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3361 Rt-23A

Palenville, NY, 12414
$ 795,000
Baths0.0 Sq 5,887

Monthly Estimate*

$ 5,020

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Studio

Multi-Family Home for sale in Palenville, NY

for $795,000. This 5,887 square foot home was built in 1864 on a lot size of 0.67.

The Arlington House Circa 1864. As this nation was making its way out of The CIvil War, tourists began making their way to the Catskill Mountains. The hamlet of Palenville, in the town of Catskill, NY is home to the country's first Art Colony. The Hudson River School of painters helped lead that movement to the magic of Upstate that continues today. The Arlington House has been through a few different iterations over its lifespan, but has consistently operated as a boarding house, hotel and residence since its inception. It is rumoured that Mark Twain and his family spent the night here on the way to their legendary summer vacation right up the road in Onteora Park. The current owner grew up in the house and they enjoyed the contribution of the rental apartments. When he took control, he performed a full gut renovation of the main house in 2011 and the apartment building in 2023. There is all new drywall, insulation, plumbing and electric. As well as a new wrap around porch, roof and box gutters. The house was primarily used as a short term rental after the renovation, hosting small weddings, group gatherings and ski trips. The main house has 5 bedrooms and 3 baths, a large open floor plan and parlour that lend themselves to entertaining large groups. There is also a 3rd floor walk up attic that was originally a living space years ago. That has been gutted with electric and plumbing roughed in as the owner was going to finish that as a private space for himself. The separate apartment building has 3 one bedroom units. Two of them are complete and the third unit is ready for you to finish with brand new kitchen cabinets in the boxes and onsite. There is also another space that has electric and plumbing roughed in. It could be used to join to the other downstairs unit, make a laundry room and storage or create a 5th unit with proper permitting from the town. This amazing historic home looks up at the mountains through the Kaaterskill Clove. Surrounded by skiing, hiking, swimming in the nearby creeks, Kaaterskill Falls and North Lake. Only 10 minutes from the villages of Catskill and Saugerties and 20 minutes to Hudson,Amtrak and Woodstock. Palenville is home to the Rip Van Winkle Golf Course, the Circle W Cafe and General Store and The Griffin House, recently taken over by the previous management of Tavern on the Green. The Griffin house is a great pub with small festivals in their beautiful outdoor space overlooking the creek. A bed and breakfast or inn would be a great addition to the town. The Arlington House lends itself to whatever you envision whether it's a single family home with ADU units or strictly an investment property. It has a proven track record as an earner with financials available Cap rate of 6 with potential for 8 with the completion of the 4th unit. Advance notice needed and agent must accompany. Book your showing today.

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Multi-Family Active

Price

$ 795,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,466

Style

Quadruplex

Lot Size

0.67

Year Built

1864

Town/City

Palenville

County/Region

Greene

MLS | Web ID

1018444

Features
Interior
Interior Amenities Other
Basement Full Unfinished
Total Fireplaces 1
Basement Features Full Unfinished
Basement (Y/N) Y
Fireplace Y/N Y
Total Bedrooms 0
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General
Sewer Septic Tank
Heating Baseboard Electric Oil Other
Cooling Wall/Window Unit(s)
Utilities Cable Available Cable Connected Electricity Connected Phone Available Phone Connected Propane
Construction Materials Clapboard Frame Wood Siding
Year Built 1864
View Mountain(s) Panoramic Trees/Woods
Property Subtype Quadruplex
Tax Year 2025
Parcel Number 192689-184-019-0003-012-002-0000
County Greene County
Property Type Residential Income
Garage Y/N N
Full Baths 0
Directions From Village of Catskill Route 23a to #3361.
High School Catskill Senior High School
City Catskill
Senior Community Y/N N
High School District Catskill
Number Of Units Total 4
Carport Y/N N
Elementary School Catskill Elementary School
Property Attached Y/N N
Tax Annual Amount 8466.12
Middle/Junior High School Catskill Middle School
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Catskill
Elementary School District Catskill
Tax Assessed Value 155700
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Exterior
Parking Features Driveway Off Street Parking Lot Driveway Off Street Parking Lot
Water Source Well
Total Parking 10
Parking Spaces 10
Spa N
Building Area Total 5887
Waterfront Y/N N
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Internal Only
Street Number 1 3361
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* Excluded Features
List By
Terence Lynch

Listing Agent

Century 21 New West Properties

Broker

terencemartinlynch@gmail.com

Email

Affordability Calculator

$5,725
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,020
Monthly Property Taxes
$706
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
4100839 Elementary School
4099418 Middle School
Catskill Senior High School High School
Pricing History
DatePricePrice ChangeDescription
6/25/2026$795,000 Listed Price

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3361 Rt-23A, Palenville, NY, 12414 is a Multi-Family Home for sale at $795,000 with 5,887 sqft and a lot size of 0.67. 3361 Rt-23A is a studio with 0.0 baths and was built in 1864. The property's zip code is 12414 which is in Palenville, NY