About 393 Main Street
393 Main Street is a fully occupied five-unit property offering strong cash flow and excellent rental history in one of Ulster County's most in-demand markets. With a current Net Operating Income (NOI) of 64k, this turnkey asset is a great fit for both new investors and seasoned professionals seeking dependable returns. 393 Main is being sold as part of a rare portfolio with 296 and 385 Main Street, providing a unique opportunity to acquire three income-producing properties on the same street. The building includes two studio apartments and three one-bedroom, one-bath units, all of which are currently leased and generating steady income. The desirable unit mix caters to a broad tenant base and ensures consistent demand. Ideally located in the heart of Rosendale—just minutes to New Paltz and Kingston—this property offers easy access to shopping, dining, and public transit, making it a prime rental location. Whether you're just starting out or expanding a seasoned portfolio, this Rosendale gem offers stability, strong returns, and long-term value.
Features of 393 Main Street
| MLS® # | 20250994 |
|---|---|
| Price | $599,000 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Square Footage | 2,100 |
| Acres | 0.47 |
| Year Built | 1920 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 393 Main Street |
|---|---|
| Area | Rosendale |
| City | Rosendale |
| County | Ulster |
| State | NY |
| Zip Code | 12472 |
Additional Information
Listing Details
| Agent | Savannah Miceli |
|---|---|
| Office | Century 21 Alliance-NP |