$725,000

Estimated payment $4,130/month

-- Bed
-- Bath
9,630 Sq Ft
$75 Price per Sq Ft

Highlights

  • Wood Flooring
  • Cooling Available
  • Forced Air Heating System
  • Corner Lot

About This Home

Commanding the corner in the heart of Historic Cherry Valley, 1 Main Street is a landmark mixed-use investment property offering over 9,000 square feet of income-producing space. This impressive multi-story brick building blends timeless architecture with strong commercial visibility, featuring a ground-level storefront and 9+ residential apartments above. Its prominent Main Street location places tenants and customers within steps of village shops, dining, and local amenities, while the building’s classic brick façade, wraparound porches, and corner presence create undeniable curb appeal. The scale and layout of the property present exceptional flexibility for investors seeking steady rental income, future value-add potential, or a flagship asset in a charming historic community. With multiple revenue streams already established and room to enhance long-term returns, this is a rare opportunity to own one of Cherry Valley’s signature buildings. Whether expanding a portfolio or securing a cornerstone investment in a desirable village setting, 1 Main Street delivers location, character, and opportunity in one compelling package.

Listing Agent

Brandon Mosher

Listing by River Hills Properties LLC Lf License #10301224028 Listed on: 03/03/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,869

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot
  • Irregular Lot

Parking

  • Common or Shared Parking

Home Design

  • Stone

Interior Spaces

  • 9,630 Sq Ft Home
  • 4-Story Property
  • Wood Flooring

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • 2 Units
  • 10 Separate Gas Meters

Listing and Financial Details

  • Assessor Parcel Number 362401-058-014-0001-005-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,869

Year Built

Built in 1900

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1900
  • Lot Features: Corner Lot, Irregular Lot
  • Flooring: Hardwood, Varies
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Basement: None
  • Basement YN: No
  • Stories: 4
  • Stories: 4

Exterior Features

  • Acres: 0.15
  • Waterfront: No
  • Construction Type: Other, Stone, See Remarks
  • Exterior Features: Propane Tank - Leased

Garage/Parking

  • Parking Features: Common

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, Propane, Forced Air
  • HeatingYN: Yes
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Cherry Valley-Springfield

Lot Info

  • Parcel Number: 362401-058-014-0001-005-000-0000
  • Lot Dimensions: 41X0
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Commercial

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 9
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10

Tax Info

  • Tax Annual Amount: 4869.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,162 $200,000 $11,000 $189,000
2023 $4,948 $200,000 $11,000 $189,000
2022 $9,009 $200,000 $11,000 $189,000
2021 $8,510 $369,700 $11,000 $358,700
2020 $10,862 $369,700 $11,000 $358,700
2019 $10,881 $369,700 $11,000 $358,700
2018 $10,881 $369,700 $11,000 $358,700
2017 $10,404 $369,700 $11,000 $358,700
2016 $10,263 $369,700 $11,000 $358,700
2015 -- $369,700 $11,000 $358,700
2014 -- $369,700 $11,000 $358,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2026 03/03/26 For Sale $725,000 -- $75 / Sq Ft
Source: Mid New York Regional MLS

Source: Mid New York Regional MLS

MLS Number: S1664836

Mid New York Regional MLS
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