$629,000

56 Park St Malone, NY 12953

Estimated payment $4,379/month

Total Views 5,169
-- Bed
-- Bath
7,692 Sq Ft
$82 Price per Sq Ft

Highlights

  • River Front
  • Wood Flooring
  • 1 Fireplace
  • 1.74 Acre Lot
  • Victorian Architecture
  • Stone Countertops

About This Home

Welcome to 56 Park Street — the iconic ''Hale House'' in the heart of Malone, NY.

This remarkable seven-unit Victorian masterpiece has been meticulously revitalized with an unwavering commitment to quality and preservation. The current owner spared no expense restoring this historic property, seamlessly blending timeless architectural character with modern luxury and performance.

Inside, each apartment tells its own story — from original hardwood floors, soaring ceilings, pocket doors, and ornate fireplaces to thoughtful modern upgrades including on-demand hot water systems, in-unit laundry connections, security systems, and contemporary finishes. The result is a rare harmony of 19th-century craftsmanship and 21st-century comfort.

The property is comprised of four units in the main residence and three in the beautifully converted carriage house, all fully leased with exceptional rent performance and strong tenant retention. Located near local shops, dining, and community amenities, this offering represents a turnkey, high-performing investment opportunity unlike anything else on the market in Malone.

Opportunities to acquire a property of this caliber — rich in history, impeccably maintained, and producing at the top of the market — are exceptionally rare. A true showpiece investment for the discerning buyer seeking both beauty and performance.

Financials and detailed income data are available to qualified buyers — serious inquiries only.

Listing Agent

Nicholas Buccellato

RE/MAX North Country License #10401361529 Listed on: 10/18/2025

RE/MAX North Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,115

Year Built

  • Built in 1856 | Remodeled

Lot Details

  • 1.74 Acre Lot
  • River Front
  • Level Lot
  • Few Trees
  • Private Yard

Home Design

  • Victorian Architecture
  • Split Level Home
  • Stone Foundation
  • Slate Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 7,692 Sq Ft Home
  • Built-In Features
  • Woodwork
  • Crown Molding
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Neighborhood Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Driveway
  • Paved Parking
  • 7 Open Parking Spaces
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Propane Stove
  • Heating System Uses Propane
  • Baseboard Heating
  • 200+ Amp Service
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 98.81-2-6

Community Details

Overview

  • 7 Units

Building Details

  • Gross Income $104,520
  • Net Operating Income $87,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,115

Year Built

Built in 1856 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Road Frontage Type: River
  • Lot Size Acres: 1.74
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Water Body Name: Salmon River
  • Directions: GPS directions to 56 Park Street, Malone, NY 12953.
  • Architectural Style: Victorian
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Structure Type: Multi Family, Multiple Buildings
  • Year Built: 1856
  • Financial Details School Taxes: 5148.34
  • Financial Details Village Taxes: 5096.14
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Management, Repairs, Sewer, Taxes, Trash Collection, Water
  • Has Basement: Full
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Combination, Varies, Vinyl, Wood
  • Interior Amenities: Stone Counters, Apartment, Built-in Features, Ceiling Fan(s), Crown Molding, Kitchen Island, Natural Woodwork
  • Window Features: Double Pane Windows, Wood Frames
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Oven: Yes
  • Full Basement: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Apartment2: Yes
  • Interior Features:Stone Counters: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Lot Features: Few Trees, Level
  • View: Neighborhood
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Lighting, Private Yard
  • Foundation Details: Stone
  • Property Condition: Updated/Remodeled
  • Roof: Asphalt, Metal, Slate
  • Lot Features:Level: Yes
  • Lot Features:Few Trees: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Wood Frames: Yes
  • Exterior Features:Lighting: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Open Parking: Yes
  • Parking Features: Driveway, Off Street, Parking Lot, Paved
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Heating: Baseboard, Electric, Propane, Propane Stove
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Internet Available, Sewer Connected, Water Connected, Separate Water Heater(s)
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Heating:Propane2: Yes

Fee Information

  • Trash Expense: 3600.0
  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Malone

Lot Info

  • Lot Size Sq Ft: 75794.4
  • Parcel #: 98.81-2-6

Rental Info

  • Lease Term: ["Short Term Lease"]
  • Tenant Pays: Cable TV, Electricity, Gas, Hot Water

Multi Family

  • Number Of Units Total: 7
  • Electric Expense: 1500.0
  • Annual Gross Income: 104520.0
  • Insurance Expense: 6000.0
  • Property Net Operating Income: 87520.0
  • Number Of Units Leased: 7
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Annual Amount: 13115.29

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2025 10/18/25 For Sale $629,000 -- $82 / Sq Ft
Source: Adirondack-Champlain Valley MLS

Source: Adirondack-Champlain Valley MLS

MLS Number: 206048

APN: 164801 98.81-2-6