6201 State Route 42, Fallsburg, NY 12788

Description

Unique riverfront property located directly on the Neversink River in the Catskills, offering a rare combination of rental income, river access, flexible living arrangements, and small-town Catskills charm.

The property currently generates rental income and includes multiple apartments suitable for owner occupancy, investment, multi-generational living, or weekend use. Current rents have been intentionally kept below market levels to retain long-term, reliable tenants, providing potential upside for future owners.
Apartment description: Studio Apartment; Middle Apartment and One-Bedroom Apartment.

Enjoy peaceful river views, excellent natural light, skylights, multiple outdoor sitting areas, and a large backyard leading directly to the riverfront below. Fish, kayak, tube, relax by the water, or simply enjoy the changing seasons and wildlife along the Neversink River.

Each apartment offers convenient off-street parking directly adjacent to the unit. The one-bedroom apartment includes two dedicated parking spaces and a private covered porch entrance. One apartment also features a private deck overlooking the river.
All apartments are currently rented.

Features include:
Current rents below market value with future growth potential
Direct riverfront access on the Neversink River
Large backyard leading to the river
Flexible multi-unit living potential
Private deck overlooking the river
Skylights and excellent natural light
Fiber high-speed internet available (up to 1000 Mbps)
NYC bus stop nearby
Public water, sewer, and trash service
Off-street parking
Riverside storage/play structure suitable for kayaks, tubes, and outdoor gear
Excellent trout fishing nearby
Located approximately two hours from New York City with convenient access to local restaurants, shops, and services.
This unique Catskills riverfront property combines income potential, outdoor recreation, flexibility, and convenient access to both nature and New York City, with a NYC bus stop located nearby.