For sale

Price cut: $9K (6/29)

$166,000

36 S Main St, Newark Valley, NY 13811

12beds

5,904sqft

Multi Family, Apartment

Built in 1965

-- sqft lot

$-- Zestimate^®

$28/sqft

$-- HOA

What's special

Investor Alert! This fully rented 5-unit multi-family property in the Village of Newark Valley generates $4,830 in monthly rental income ($57,960 annually) and offers immediate cash flow from day one. Featuring a mix of two- and three-bedroom units, the property provides strong income potential with additional upside through cosmetic improvements and future value-add opportunities. Conveniently located near local amenities, shopping, and schools. A rare opportunity to acquire a fully occupied, income-producing asset with room for growth—ideal for both new and seasoned investors.

43 days

407

22

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 5
Full bathrooms: 5

Heating

Baseboard, Forced Air

Cooling

None

Appliances

Included: Electric Water Heater

Features

Flooring: Carpet, Vinyl

Interior area

Total interior livable area: 5,904 sqft
Finished area above ground: 5,904

Video & virtual tour

View virtual tour

Property

Parking

Parking features: None

Features

Patio & porch: Covered, Porch
Exterior features: Porch

Lot

Size: 9,147 Square Feet
Dimensions: 5,904
Features: Level

Details

Parcel number: 49260106401900010150010000
Zoning: mult
Zoning description: mult

Construction

Type & style

Home type: MultiFamily
Architectural style: Multi-Family
Property subtype: Multi Family, Apartment

Materials

Composite Siding
Foundation: Basement

Condition

Year built: 1965

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Location

Region: Newark Valley

Financial & listing details

Price per square foot: $28/sqft
Tax assessed value: $54,500
Annual tax amount: $2,584
Date on market: 5/29/2026
Listing agreement: Exclusive Right To Sell
Ownership: OWNER

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/29/2026	Price change	$166,000-5.1%$28/sqft
Source: GBMLS #336160 Report a problem
5/29/2026	Listed for sale	$175,000-2.2%$30/sqft
Source: GBMLS #336160 Report a problem
5/26/2026	Listing removed	$179,000$30/sqft
Source: eXp Realty #334638 Report a problem
5/26/2026	Listed for sale	$179,000$30/sqft
Source: GBMLS #334638 Report a problem
3/11/2026	Contingent	$179,000$30/sqft
Source: GBMLS #334638 Report a problem
2/19/2026	Listed for sale	$179,000$30/sqft
Source: GBMLS #334638 Report a problem
2/4/2026	Listing removed	$179,000$30/sqft
Source: eXp Realty #333221 Report a problem
2/3/2026	Listed for sale	$179,000$30/sqft
Source: GBMLS #333221 Report a problem
1/20/2026	Contingent	$179,000$30/sqft
Source: GBMLS #333221 Report a problem
12/15/2025	Price change	$179,000-5.8%$30/sqft
Source: GBMLS #333221 Report a problem
11/12/2025	Price change	$190,000-5%$32/sqft
Source: GBMLS #333221 Report a problem
10/23/2025	Price change	$199,900-9.1%$34/sqft
Source: GBMLS #333221 Report a problem
10/6/2025	Listed for sale	$220,000$37/sqft
Source: GBMLS #333221 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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