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Local Realty Service Provided By: Coldwell Banker Village Green Realty

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62 Main Street, 
Philmont, NY 12534

$3,229,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Kathryn Johnson

Dominique Shuminov

William Pitt Sotheby'S Interna

845-677-9822

Last updated:

September 9, 2026, 08:06 PM

MLS#

20265238

Source:

NY MLSUC

About This Home

62 Main Street

Six buildings, twenty-three units, four blocks of the Philmont village core, held in single ownership since 2022 and offered as one. Nineteen units leased. Trailing twelve-month net operating income of 195,147 dollars on 306,128 dollars of effective gross income, cash basis, per ownership's books; stabilized net operating income projected at 223,289 dollars once four ordinary vacancies are turned at rents already achieved in the same buildings. The repositioning is a record rather than a projection: tenants in continuous occupancy since the 2022 acquisition have seen contract rents rise from a median of 825 dollars to a median of 1,275 dollars on the same units. Ownership converted 62 Main from central oil to individual electric heat, restored facade work, renovated bathrooms and upgraded insulation throughout. 62 Main (6 units), 20 Church (4), 7 Canal (4), 3 Elm (4), 3 Church (3), 5 Elm (2). Fifteen minutes to Hudson and Amtrak.

Home Facts

Multi-Family

Built in 1979

Price Summary

3,229,000

MLS #:

20265238

Last Updated:

September 9, 2026, 08:06 PM

Added:

2 day(s) ago


Structure

Structure

Year Built:

1979


Lot

Lot Size (Sq. Ft):

50,093


Finances & Disclosures

Finances

Price:

$3,229,000

Source:NY MLSUC
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.