56 Park St Malone, NY 12953
Estimated payment $4,379/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: 206048
APN: 164801 98.81-2-6