May Alem

433 Main Street, Highland Falls, NY 10928

$1,800,000
  • 433 Main Street, Highland Falls, NY 10928 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#1048805
STATUSActive PROPERTY TYPECommercial - SCHOOLHighland Falls

Property Description

INVESTMENT OPPORTUNITY WITH INCOME POTENTIAL! Unique mixed-use property offering an impressive combination of 6 apartments, a restaurant space, 5 single rooms for rent on top floor of main building. and a separate 3-bedroom, 2-bath home with basement, front porch, deck and garage. This property provides multiple income streams and an opportunity for an investor to maximize its potential. Many of the units have the feel and character of individual homes, creating a unique residential setup that is difficult to find. The separate rear home offers 3 bedrooms, 2 full baths, a basement, and garage, providing additional flexibility for an owner-occupant, rental income, or extended living arrangements. Great for compound idea as well. The property does require TLC, offering the next owner an opportunity to improve, reposition, and increase its value and income. Current rents are below market, creating substantial upside for a buyer willing to invest in improvements and management.Whether you're an experienced investor looking to expand your portfolio or an owner looking for a property with multiple revenue opportunities, this is a rare chance to acquire a property with existing income and room to grow. Bring your vision and unlock the potential of this unique investment! All buildings built in the 1960's but main house built in 2002. Total units: 1 Main house with garage 3 bedrooms/2 baths/ basement. 4(two bedrooms) 2 (One Bedrooms) 1 Restaurant, 5 single rooms. 13 UNITS TOTAL

433 Main Street | MLS# 1048805

This commercial property located at 433 Main Street, Highland Falls, NY 10928 is currently listed for sale with an asking price of $1,800,000. Main Street is located within the Highland Falls school district. Search Highland Falls real estate on malem.coachrealtors.com today.

Property Features

Property Type: Commercial -
Basement: Bilco Door(s)
Cooling: Central Air, Wall/Window Unit(s)
Fenced: Yes
Heating: Baseboard, Electric, Natural Gas
Home Style: Row Dwelling
Taxes: $17,603
Year Built: 1960

Feature Descriptions

Appliances: Electric Cooktop, Refrigerator
Building Area Total: 0
Cap Rate: 5
Days on Site: 3
Exterior: Advanced Framing Technique, Blown-In Insulation, Shi
Fencing: Fenced
Flooring: Ceramic Tile, Concrete, Hardwood, Linoleum, Tile, Vinyl, Wood
Heating Units: 3
Heating Zones: 4
Included In Taxes: Trash, Water
On Market Date: 2026-09-27
Parcel Number: 333601-103-000-0016-011.100-0000
Parking Features: Alley Access, Common, Driveway, Garage, Off Street, Private, Shared Driveway
Parking Total: 7
Property Attached Y/N: 1
Rental Term: Monthly
Security Features: Smoke Detector(s), Video Cameras
Separate Electric Meters: 8
Separate Gas Meters: 4
Sewer: Public Sewer
Tenant Pays: Electricity
Units: 13
Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Local Schools

High School: James I O'Neill High School
Middle School: Highland Falls Intermediate School
Elementary School: Fort Montgomery Elementary School
School District: Highland Falls

Listed By / Shown By

Listing By

Agency Name: IBNA Real Estate Group
Agency Phone: 845-639-9800

Shown By

Agent Name: May Alem
Agent Phone: (631) 757-4000 ext. 4121
Agency Title: Howard Hanna | Coach Realtors

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