# 416 E Main Street, Malone, NY 12953 > **TL;DR:** multi-family, $389,000 ($45/sqft), built 1900, 8,700 sqft. Est. $2,080/mo. Listed 180 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $389,000 | | Price/sqft | $45 | | Square Feet | 8,700 | | Year Built | 1900 | | Lot Size | 3,049 sqft (0.07 acres) | | Property Type | Multi-Family (Apartment) | | Status | Active | | Days on Market | 180 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,967 | | Estimated Insurance | $113 | | **Total** | **$2,080** | ## Property Highlights - Built in 1900 - 0.07 acre lot ## Description ### Agent Description 7 rental apartments with first floor laundry mat. Laundry mat is leased at $1200/month with a 10 year lease. Excellent cash flow!! Building has 3 phase power. Spray foamed basement, owner pays utilities in apartment 1, otherwise tenant pays heat and lights. Tenant occupying laundry mat pays heat, lights and water and sewer. Building is in good condition. Water and Sewer expense for building is $3920/year. All apartments have 100-amp entrances.. Laundry mat is for sale with equipment and business but is for sale for a separate price. ## Location - **Address:** 416 E Main Street, Malone, NY 12953 - **County:** Franklin - **Coordinates:** 44.848538, -74.292441 - **Google Maps:** https://www.google.com/maps?q=44.848538,-74.292441 ## Listing Agent - **Name:** Edward Legacy - **Brokerage:** North Country Realty - **Phone:** 5188320616 - **Broker Phone:** 5184830800 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/416-E-Main-St_Malone_NY_12953_M94120-71260?f=listhub&s=ACVMLSNY&m=206744&c=propsimple) ## Photos ![416 E Main Street - Photo 1](http://lh.rdcpix.com/8ce68d75a44fedb35d664062b058f28cl-f1383059372r.jpg) ![416 E Main Street - Photo 2](http://lh.rdcpix.com/8ce68d75a44fedb35d664062b058f28cl-f3064671833r.jpg) ![416 E Main Street - Photo 3](http://lh.rdcpix.com/8ce68d75a44fedb35d664062b058f28cl-f1213148155r.jpg) ![416 E Main Street - Photo 4](http://lh.rdcpix.com/8ce68d75a44fedb35d664062b058f28cl-f3131996414r.jpg) ![416 E Main Street - Photo 5](http://lh.rdcpix.com/8ce68d75a44fedb35d664062b058f28cl-f2041270288r.jpg) --- **MLS#:** 206744 | **Updated:** 2026-05-31 **Source:** listhub *Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/416-e-main-street-malone-ny-12953-y206744) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/416-e-main-street-malone-ny-12953-y206744#listing", "url": "https://www.propertysimple.ai/listing/416-e-main-street-malone-ny-12953-y206744", "name": "416 E Main Street, Malone, NY 12953", "description": "7 rental apartments with first floor laundry mat. Laundry mat is leased at $1200/month with a 10 year lease. Excellent cash flow!! Building has 3 phase power. Spray foamed basement, owner pays utilities in apartment 1, otherwise tenant pays heat and lights. Tenant occupying laundry mat pays heat, lights and water and sewer. Building is in good condition. Water and Sewer expense for building is $3920/year. All apartments have 100-amp entrances.. 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