42981 State Highway 28
Middletown, NY 12406
Map
- 3 beds
- 4 baths
- 5,404 sqft
- $73 per sqft
- 1970 build
- – on site
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.
Last checked:
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Last updated Jun 10, 2025
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MLS# R1611988 —
The Building
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Year Built:1970
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Year Built Details:Existing
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Construction Materials:Frame,PexPlumbing
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Architectural Style:Fourplex
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Roof:Flat,Membrane,Rubber
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Basement:Full,WalkOutAccess
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Basement:true
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Foundation Details:Block
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Exterior Features:Dock,SeeRemarks
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Levels:One
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Building Area Total:5404.0
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Building Area Source:Other
Interior
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Interior Features:CeilingFans,Storage,NaturalWoodwork
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Flooring:Hardwood,Tile,Varies
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Fireplace:false
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Stories:1
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Stories Total:1
Room Dimensions
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Living Area:5,404 Sqft
Financial & Terms
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Rent Includes:AllUtilities
Location
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Directions:From Main St., Margaretville, NY: Turn onto Bridge Street. Make a left onto NY-28. Travel 1.1 mi and the destination is on the left. Ample parking.
The Property
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Property Type:Residential
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Property Subtype:MixedUse
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Property Condition:Resale
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Parcel Number:307.1-1-46
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Zoning Description:Other - See Remarks
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Lot Features:NearPublicTransit,Rectangular,RectangularLot
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Lot Size Dimensions:86X182
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Lot Size Acres:0.43
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Lot Size Area:0.43
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Lot Size Units:Acres
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Waterfront:false
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Road Frontage Type:MainThoroughfare
Listing Agent
- Contact info:
- Agent phone:
- (347) 325-2698
- Office phone:
- (802) 578-0731
Taxes
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Tax Annual Amount:7743.0
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Tax Assessed Value:371666
Beds
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Bedrooms Total:3
Baths
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Total Baths:4
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Full Baths:4
Heating & Cooling
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Heating:Oil,ForcedAir
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Heating:true
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Cooling:CentralAir,WindowUnits,WallUnits
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Cooling:true
Utilities
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Utilities:ElectricityConnected,HighSpeedInternetAvailable,SewerConnected,WaterConnected
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Sewer:Connected
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Water Source:Connected,Public
Appliances
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Appliances:ElectricWaterHeater
Schools
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Elementary School District:Margaretville
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Middle Or Junior School District:Margaretville
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High School District:Margaretville
The Community
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Senior Community:false
Parking
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Parking Features:Gravel,ParkingAvailable,TwoOrMoreSpaces
Monthly cost estimate
Asking price
$399,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,136
|
| Taxes | $645 |
| Insurance | $109 |
| Utilities | $258 See report |
| Total | $3,148/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/4/25
Jun 4, 2025
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Listed / Active | NYSAMLS | $399,000 |
