385 Main St Rosendale, NY 12472
Estimated payment $3,558/month
About This Home
Don't miss this opportunity to own a well-located, high-potential three-family property in the vibrant hamlet of Rosendale. With a projected Net Operating Income (NOI) of 45k, this property is ideal for first-time investors or seasoned buyers looking to expand their portfolio.
Being sold as part of a rare three-property portfolio with neighboring 296 and 393 Main Street, this is a chance to secure multiple income-producing assets on the same block in one of Ulster County's most sought-after areas.
Two of the three units are currently rented, while the third is in the process of being leased—providing immediate upside potential. Each unit offers desirable one-bedroom layouts that appeal to the area's strong rental market.
Situated on Main Street and just minutes to New Paltz and Kingston, this property benefits from high rental demand and easy access to shops, dining, and transit.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,320
Year Built
- Built in 1890
Lot Details
- 3,920 Sq Ft Lot
Home Design
- 1,900 Sq Ft Home
- Triplex
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Community Details
- 3 Units
Listing and Financial Details
- Legal Lot and Block 4-22 / 82
- Assessor Parcel Number 62.82-4-22
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,085 | $226,800 | $17,000 | $209,800 |
| 2023 | $7,243 | $226,800 | $17,000 | $209,800 |
| 2022 | $6,931 | $226,800 | $17,000 | $209,800 |
| 2021 | $6,931 | $226,800 | $17,000 | $209,800 |
| 2020 | $6,608 | $226,800 | $17,000 | $209,800 |
| 2019 | $5,625 | $210,000 | $17,000 | $193,000 |
| 2018 | $6,073 | $200,000 | $17,000 | $183,000 |
| 2017 | $5,593 | $180,000 | $17,000 | $163,000 |
| 2016 | $6,589 | $180,000 | $17,000 | $163,000 |
| 2015 | -- | $180,000 | $17,000 | $163,000 |
| 2014 | -- | $180,000 | $17,000 | $163,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Price Changed | $450,000 | -4.1% | $237 / Sq Ft |
| 05/20/2025 05/20/25 | Price Changed | $469,000 | -6.2% | $247 / Sq Ft |
| 04/21/2025 04/21/25 | For Sale | $500,000 | +85.2% | $263 / Sq Ft |
| 10/27/2023 10/27/23 | Sold | $270,000 | 0.0% | -- |
| 07/06/2023 07/06/23 | Off Market | $270,000 | -- | -- |
| 07/06/2023 07/06/23 | Pending | -- | -- | -- |
| 06/06/2023 06/06/23 | For Sale | $289,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $270,000 | None Available | |
| Deed | $94,349 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $243,000 | Purchase Money Mortgage | |
| Closed | $105,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $86,400 | Unknown |
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20250993
APN: 4600-062.082-0004-022.000-0000
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