An incredible opportunity! This 4 unit multi-family, on the State Highway corridor leading into Margaretville, has a multitude of potential uses and configurations. Keep the existing 4 apartments (2 one bedrooms and 2 studios) or convert into two retail spaces, well-suited for a gallery, shop or salon. The entire building, with its proximity to Margaretville Hospital, would be an ideal medical office, with existing reception area and multiple patient rooms. Central AC and heat, sprinkler system and many new upgrades. High ceilings throughout. Unique chance to have one or two front-facing retail spaces, while living in, or renting, the apartments in the rear of the building. 2 hours and 15 min from the GWB!
Closed
$370,000
42981 State Highway 28, Arkville, NY 12406
3beds
5,404sqft
Mixed Use, Quadruplex, Multi Family
Built in 1970
-- sqft lot
$396,400 Zestimate®
$68/sqft
$2,134 Estimated rent
Home value
$396,400
Estimated sales range
Not available
$2,134/mo
Zestimate® history
Owner options
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$2,134/mo
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$2,134/mo
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$2,531/mo
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$2,531/mo
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List your homeWhat's special
Central ac and heatFront-facing retail spacesState highway corridorSprinkler system
Zillow last checked:
Listing updated:
Listed by:
Douglas B. Clarke 347-325-2698,
Jewett and Jewett LLC
Bought with:
Douglas B. Clarke, 10401312910
Jewett and Jewett LLC
Source: NYSAMLSs,MLS#: R1611988
Originating MLS: Otsego-Delaware
Originating MLS: Otsego-DelawareFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Oil, Forced Air
Cooling
- Central Air, Window Unit(s), Wall Unit(s)
Appliances
- Included: Electric Water Heater
Features
- Ceiling Fan(s), Storage, Natural Woodwork
- Flooring: Hardwood, Tile, Varies
- Basement: Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 5,404
- Total interior livable area: 5,404 sqft
Property
Parking
- Parking features: Gravel, Parking Available, Two or More Spaces
Features
- Levels: One
- Stories: 1
- Exterior features: Dock, See Remarks
Lot
- Size: 0.43 Acres
- Dimensions: 86 x 182
- Features: Near Public Transit, Rectangular, Rectangular Lot
Details
- Parcel number: 307.1146
- Zoning description: Other - See Remarks
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Mixed Use, Quadruplex, Multi Family
Materials
- Frame, PEX Plumbing
- Foundation: Block
- Roof: Flat,Membrane,Rubber
Condition
- Resale
- Year built: 1970
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Arkville
Financial & listing details
- Price per square foot: $68/sqft
- Tax assessed value: $371,666
- Annual tax amount: $7,743
- Date on market: 6/4/2025
- Cumulative days on market: 64 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2025 | Sold | $370,000-7.3%$68/sqft |
Source:  NYSAMLSs #R1611988 Report a problem | ||
| 8/29/2025 | Pending sale | $399,000$74/sqft |
Source: NYSAMLSs #R1611988 Report a problem | ||
| 8/8/2025 | Contingent | $399,000$74/sqft |
Source: NYSAMLSs #R1611988 Report a problem | ||
| 6/4/2025 | Listed for sale | $399,000+14.3%$74/sqft |
Source: NYSAMLSs #R1611988 Report a problem | ||
| 3/25/2023 | Listing removed | -- |
Source:  HVCRMLS #20213809 Report a problem | ||
| 3/8/2022 | Price change | $349,000-12.5%$65/sqft |
Source: HVCRMLS #20213809 Report a problem | ||
| 10/11/2021 | Listed for sale | $399,000$74/sqft |
Source: HVCRMLS #20213809 Report a problem | ||
| 10/1/2021 | Listing removed | -- |
Source: ODBR #130016 Report a problem | ||
| 7/20/2021 | Price change | $399,000-20%$74/sqft |
Source: ODBR #130016 Report a problem | ||
| 3/22/2021 | Listed for sale | $499,000$92/sqft |
Source: ODBR #130016 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 12406
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Nearby schools
GreatSchools rating
- 4/10Margaretville Central SchoolGrades: PK-12Distance: 1.4 mi
Schools provided by the listing agent
- District: Margaretville
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Delaware County
- Arkville
- 12406
- 42981 State Highway 28
Nearby cities
Nearby zip codes
Other Arkville Topics
