For Sale

Listed by Joel Brach and Hilda Sarraf from Keller Williams Realty

Source: OneKey #998725

5039 Main Street, South Fallsburg, NY, 12779

$850,000

3
4
2571 sq. ft.
30492 sq. ft.

Duplex

30+ days on the market

What's around 5039 Main Street

About this property

Rare South Fallsburg Main Street investment opportunity, ideally offered together with adjoining 5033 Main Street. Sitting on approximately 0.70 acres, this property features flexible B3 zoning with potential for residential, commercial, mixed-use, mobile-home-related uses, and other future-use possibilities, all subject to municipal approvals. This zoning creates 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 includes three residential structures: a primary two-unit home with main and lower-level units, plus an additional renovated bungalow/cottage. Current rent is approximately $4,000/month with possible upside. The main unit was recently painted and had basic updates, offering kitchen, dining area, living area, 3 bedrooms on one floor, plus a staircase to a spacious attic room. The lower-level unit was completely renovated recently and is in beautiful, like-new condition, featuring porcelain tile flooring throughout, a new kitchen, spacious rooms, and 2 bathrooms. The rear bungalow/cottage was also renovated and includes a new kitchen. Recent improvements include a brand-new septic system, new fence, and swing set/playground area. Prime location near Main Street amenities, seasonal communities, bungalow colonies, camps, resorts and other nearby attractions. Adjoining 5033 Main Street MLS#000029 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 municipal requirements.

Looking for more information on 5039 Main Street?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Other properties for sale by Keller Williams Realty

For Sale
$569,900
257 Fort van Tyle Road
Port Jervis NY 12771
3
2
7
Single-Family
Listing courtesy of Keller Williams Realty
For Sale
$459,000
1204/30 Banbury Way
Orange Lake NY 12550
3
3
2
Single-Family
Listing courtesy of Keller Williams Realty
For Sale
$349,999
3 2nd Avenue
Unionville NY 10988
3
1
Single-Family
Listing courtesy of Keller Williams Realty

Browse properties sold in nearby areas

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent