For sale

$389,000

416 E Main St, Malone, NY 12953

--beds

0baths

8,700sqft

Apartment

Built in 1900

-- sqft lot

$-- Zestimate^®

$45/sqft

$-- HOA

What's special

Spray foamed basement

7 rental apartments with first floor laundry mat. Laundry mat is leased at $1200/month with a 10 year lease. Excellent cash flow!! Building has 3 phase power. Spray foamed basement, owner pays utilities in apartment 1, otherwise tenant pays heat and lights. Tenant occupying laundry mat pays heat, lights and water and sewer. Building is in good condition. Water and Sewer expense for building is $3920/year. All apartments have 100-amp entrances.. Laundry mat is for sale with equipment and business but is for sale for a separate price.

119 days

152

8

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Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Baseboard, Electric

Cooling

None

Appliances

Included: Electric Range, Electric Water Heater

Features

Windows: Insulated Windows, Vinyl Clad Windows
Basement: Full,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 8,700
Total interior livable area: 8,700 sqft

Property

Parking

Parking features: Driveway, No Garage

Features

Has view: Yes
View description: Commercial
Body of water: None

Lot

Size: 3,049 Square Feet
Dimensions: .07
Features: Irregular Lot

Details

Parcel number: 112.3388
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Brick
Foundation: Stone
Roof: Rolled/Hot Mop

Condition

Year built: 1900

Utilities & green energy

Electric: 100 Amp Service
Utilities for property: Cable Available, Internet Available, Natural Gas Not Available, Sewer Connected, Water Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s)
Subdivision: None

HOA

Has HOA: No

Location

Region: Malone

Financial & listing details

Price per square foot: $45/sqft
Tax assessed value: $70,000
Annual tax amount: $3,786
Date on market: 3/19/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Lease term: Short Term Lease
Tenant pays: All Utilities
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,521/mo

Price history

Date	Event	Price
3/19/2026	Listed for sale	$389,000+2.6%$45/sqft
Source: ACVMLS #206744 Report a problem
7/13/2023	Listing removed	--
Source: ACVMLS #178102 Report a problem
3/13/2023	Price change	$379,000+18.8%$44/sqft
Source: ACVMLS #178102 Report a problem
2/14/2023	Listed for sale	$319,000+275.3%$37/sqft
Source: ACVMLS #178102 Report a problem
6/2/2015	Sold	$85,000+400%$10/sqft
Source: Public Record Report a problem
6/20/2001	Sold	$17,000$2/sqft
Source: Public Record Report a problem
8/25/2000	Sold	$17,000$2/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$70,000
2024	--	$70,000
2023	--	$70,000
2022	--	$70,000
2021	--	$70,000
2020	--	$70,000
2019	--	$70,000
2018	--	$70,000
2017	$5,488	$70,000
2016	--	$70,000
2015	--	$70,000
2014	--	$70,000

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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