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.
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
- 196 days
- 184
- 14
Zillow last checked:
Listing updated:
Listed by:
North Country Realty 518-483-0800,
Edward Legacy
Source: ACVMLS,MLS#: 206744
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
$1,099/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
