# 5039 Main Street, South Fallsburg, NY 12779

> **TL;DR:** 3bd/4ba residential multi family, $850,000, built 1951. Est. $3,683/mo. Listed 25 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $850,000 |
| Bedrooms | 3 |
| Bathrooms | 4 full |
| Year Built | 1951 |
| Lot Size | 30,492 sqft (0.70 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 25 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,683 |
| **Total** | **$3,683** |

## Nearby Schools

- **Elementary:** Benjamin Cosor Elementary School
- **Middle:** Fallsburg Junior-Senior High School
- **High:** Fallsburg Junior-Senior High School

## Property Highlights

- Built in 1951
- 0.70 acre lot

## Description

### Agent Description
Rare South Fallsburg Main Street investment opportunity, ideally offered together with adjoining 5033 Main Street. Sitting on approximately 0.70 acres, this property features flexible B3 zoning with potential for residential, commercial, mixed-use, mobile-home-related uses, and other future-use possibilities, all subject to municipal approvals. This zoning creates strong long-term potential for investors, owner-users, builders, or buyers seeking a well-located Main Street property with income and future upside. The property includes three residential structures: a primary two-unit home with main and lower-level units, plus an additional renovated bungalow/cottage. Current rent is approximately $4,000/month with possible upside. The main unit was recently painted and had basic updates, offering kitchen, dining area, living area, 3 bedrooms on one floor, plus a staircase to a spacious attic room. The lower-level unit was completely renovated recently and is in beautiful, like-new condition, featuring porcelain tile flooring throughout, a new kitchen, spacious rooms, and 2 bathrooms. The rear bungalow/cottage was also renovated and includes a new kitchen. Recent improvements include a brand-new septic system, new fence, and swing set/playground area. Prime location near Main Street amenities, seasonal communities, bungalow colonies, camps, resorts and other nearby attractions. Adjoining 5033 Main Street MLS#000029 is also available and ideally offered together with this property, creating a larger Main Street package totaling approximately 1.46 acres with approximately $6,000/month in combined reported rental income. Buyer to verify zoning, permitted uses, COs, legal unit count, rents, leases, square footage, taxes, septic, utilities, and municipal requirements.

## Location

- **Address:** 5039 Main Street, South Fallsburg, NY 12779
- **County:** Sullivan County
- **Coordinates:** 41.699124, -74.637934
- **Google Maps:** https://www.google.com/maps?q=41.699124,-74.637934

## Listing Agent

- **Name:** Joel J. Brach
- **Brokerage:** Keller Williams Realty
- **Phone:** 8456377979
- **Email:** joelbrach@kw.com

## Primary Photo

![5039 Main Street - Primary Photo](http://lh.rdcpix.com/d5fa1e75015c91d836874d4f6cf153b6l-f143244208r.jpg)

*32 total photos available on [listing page](https://www.propertysimple.com/listing/5039-main-street-south-fallsburg-ny-12779-y998725)*

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**MLS#:** 998725 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 OneKey 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.com/listing/5039-main-street-south-fallsburg-ny-12779-y998725)

---

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