About This Home

This 4-bedroom, 0-bathroom residential multi family at 7284 Ny-28 in Shandaken, NY is listed for $299,900 ($50 per sqft). Built in 1906, the home offers 6,000 sqft of living space on a 0.92 acres lot.

Key Features

  • Built in 1906
  • 0.92 acre lot

Property Details

4-car garage
1906
Listing Description

A rare opportunity for an entrepreneur, investor, or buyer with the vision to revive a historic Catskills property and give it new life. Prominently positioned along high-traffic Route 28 on the way to Belleayre Mountain and just minutes from Phoenicia, this commercially zoned property offers excellent visibility and a wide range of possibilities.

The building requires significant work and is not a turnkey opportunity, but its size, location, and flexible layout create tremendous potential. With areas that may lend themselves to as many as four separate units, a new owner could explore a combination of rental income, business space, workshops, offices, employee housing, or owner-occupied use, subject to municipal approvals.

It could be an affordable starting point for someone launching a small business or an exciting expansion opportunity for an established operation ready to create a distinctive Catskills destination. Commercial zoning may help streamline certain proposed uses, although buyers should independently verify their plans with the municipality.

Because of the property's commercial designation and current condition, conventional residential financing may be challenging; cash, commercial financing, or renovation-based financing may be the best fit. Priced to reflect the work needed while recognizing the property's considerable potential, this is a chance to transform a once-active historic building into something meaningful again--whether that means income-producing units, a thriving roadside business, a creative mixed-use property, or an entirely new vision.

Monthly Cost Estimate

$1,604/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$87

Estimates only. Actual payments may vary.

Location

7284 Ny-28

Shandaken, NY 12480

Features & Amenities

Interior Features

3 Seasons RoomBarBeamed Ceilings

Questions & Answers

This 4-bedroom, 0-bathroom residential multi family at 7284 Ny-28 is listed at $299,900 ($50/sqft). The estimated monthly payment is $1,603 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1906, 0.92 acre lot. Interior Features: 3 Seasons Room, Bar, Beamed Ceilings.

This property is listed by Teresa Falkowski.

TF

Teresa Falkowski

Agent at Keller Williams Realty Hudson Valley North

Listed by Keller Williams Realty Hudson Valley North · Broker phone: (914) 443-6165 · View on Broker Site · Broker website

MLS# 20243999· Source: Hudson Valley Catskill Region MLS· 762 days on PropertySimple

Copyright © 2026 Hudson Valley Catskill Region MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7284 Ny-28, Shandaken, NY 12480

Open this listing in: