1 Main St Cherry Valley, NY 13320
Cherry Valley AreaEstimated payment $3,256/month
Highlights
- Wood Flooring
- Cooling Available
- Forced Air Heating System
- Corner Lot
About This Home
Motivated Seller!! 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
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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $7,967 | $284,850 | $11,000 | $273,850 |
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/13/2026 07/13/26 | Price Changed | $519,000 | -3.9% | $54 / Sq Ft |
| 06/15/2026 06/15/26 | Price Changed | $539,900 | -8.3% | $56 / Sq Ft |
| 06/03/2026 06/03/26 | Price Changed | $589,000 | -9.4% | $61 / Sq Ft |
| 04/20/2026 04/20/26 | Price Changed | $649,999 | -7.1% | $67 / Sq Ft |
| 03/09/2026 03/09/26 | Price Changed | $699,999 | -3.4% | $73 / Sq Ft |
| 03/03/2026 03/03/26 | For Sale | $725,000 | -- | $75 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Warranty Deed | $35,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $284,634 | Construction | |
| Previous Owner | $35,000 | Purchase Money Mortgage |
Source: Mid New York Regional MLS
MLS Number: S1664836
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