Prime B3-zoned Main Street opportunity in the heart of South Fallsburg, ideally to be purchased together with adjoining 5039 Main Street. 5033 Main Street sits on a mostly flat 0.76-acre parcel and features an existing two-story home currently producing approximately $2,000/month in reported rental income. Flexible B3 zoning may allow residential, commercial, mixed-use, mobile-home-related uses, and other future-use possibilities, subject to municipal approvals, creating strong long-term potential for investors, owner-users, builders, or buyers seeking a well-located Main Street property with income and future upside.
The property is centrally located near Main Street amenities, seasonal communities, bungalow colonies, camps, resorts, and local area destinations, with strong visibility and convenient access. Recent owner improvements include a newly replaced septic system with new leach field and a newly added swing set/playground area. The septic system is a valuable infrastructure upgrade and may help reduce utility costs by avoiding municipal sewer charges. The home also includes a basement with rooms and a bathroom.
Adjoining 5039 Main Street MLS#998725 is also available and ideally offered together with this property, creating a larger Main Street package totaling approximately 1.46 acres with approximately $6,000/month in combined reported rental income. Buyer to verify zoning, permitted uses, COs, legal unit count, rents, leases, square footage, taxes, septic, utilities, and all municipal approvals/requirements.
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Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty845-928-8000,
Joel J. Brach845-637-7979,
Jacob Fried845-662-5890,
Keller Williams Realty
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 000029
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Bedroom 1
Level: Second
Bedroom 2
Level: Second
Bathroom 1
Level: Second
Bathroom 3
Level: Second
Family room
Level: First
Kitchen
Level: First
Heating
Forced Air, Hot Air
Cooling
None
Appliances
Included: None
Features
High Speed Internet
Basement: See Remarks,Walk-Out Access
Attic: None
Interior area
Total structure area: 1,020
Total interior livable area: 1,020 sqft
Property
Parking
Parking features: Driveway
Has uncovered spaces: Yes
Features
Levels: Two
Patio & porch: Patio, Porch
Exterior features: Playground
Lot
Size: 0.76 Acres
Features: Level, Near Public Transit
Details
Parcel number: 288905400001005000
Special conditions: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Cape Cod
Property subtype: Single Family Residence, Residential
Materials
Frame
Condition
Actual
Year built: 1914
Utilities & green energy
Sewer: Septic Tank
Water: Public
Utilities for property: Natural Gas Connected
Community & HOA
HOA
Has HOA: No
Location
Region: South Fallsburg
Financial & listing details
Price per square foot: $412/sqft
Tax assessed value: $43,900
Annual tax amount: $3,547
Date on market: 5/18/2026
Cumulative days on market: 80 days
Listing agreement: Exclusive Right To Sell
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
5/18/2026
Listed for sale
$420,000-1.2%$412/sqft
Source: OneKey® MLS as distributed by MLS GRID #000029Report a problem
2/10/2025
Listing removed
$425,000$417/sqft
Source: OneKey® MLS as distributed by MLS GRID #H6322505Report a problem
9/18/2024
Price change
$425,000-4.5%$417/sqft
Source: OneKey® MLS as distributed by MLS GRID #H6322505Report a problem
8/14/2024
Price change
$445,000-55.3%$436/sqft
Source: OneKey® MLS as distributed by MLS GRID #H6322505Report a problem
8/9/2024
Listed for sale
$995,000$975/sqft
Source: OneKey® MLS as distributed by MLS GRID #H6322505Report a problem
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.