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62 Main Street

Philmont, NY 12534

  • $3,229,000
  • 1.15 Acres
  • 1979 Built

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.

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Property Highlights
  • NEIGHBORHOOD : Claverack
  • DAYS ON MARKET : 28
  • MLS : 20265238

Additional Information

ADDITIONAL INFORMATION
  • HIGH SCHOOL DISTRICT: Taconic Hills Central Schools
  • ON MARKET DATE: 2026-09-09
  • TAX AMOUNT: $23,649
  • TYPE: Residential Income
  • UNIT COUNT: 23
  • YEAR BUILT: 1979
  • ZONING: Multifamily Apartments. Tenancy CO renewed annually

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Location for 62 Main Street, Philmont, NY

Schools for 62 Main Street, Philmont, NY

Our community offers residents access to a number of fine private and public schools for all grade levels. Please read below for information on each of the schools in our area.

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Community

Columbia County>

Columbia County

Hudson Valley, New York

Columbia County borders the shores of the Hudson on the west with views of the Catskills beyond. Many of its Hudson River towns thrived during the 1600s as they served as trading posts. Columbia County...

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The data relating to real estate for sale on this web site comes in part from the Columbia Greene Northern Dutchess MLS. Listing information provided by IDX information is provided exclusively for consumers' personal, non-commercial user, and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Listing Courtesy of Kathryn Johnson of William Pitt Sotheby's (845.677.9822).

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