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$358,900
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Property 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.
Full Property Details
Full Property Details for 6201 State Route 42
General
- Price: $358,900
- Taxes: $2,954
- Status: Active
- Type: Single Family
- Source: Long_Island
- MLS ID: 1040808
- Updated: 8/26/2026
- Added to Site: 9 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: First Floor Bedroom
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: Common, Off Site, Off Street
Location
- County: Sullivan County
School Information
- High School District: Fallsburg
- Elementary School: Benjamin Cosor Elementary School
- Middle School: Fallsburg Junior-Senior High School
- High School: Fallsburg Junior-Senior High School
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Kerosene, Oil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Phone Available, Propane, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Contemporary
- Detached/Attached: Detached
- Construction: Vinyl Siding, Wood Siding
- Sq. Ft. Source: Public Records
- Year Built: 1975
Lot Features
- Lot Size (Acres): 0.84
- Lot Size (Sq. Ft.): 7,840
Water Features
- Water Front View: River Access, River Front, Sound, Water Access
Financial Considerations
- Tax Amount: $2,954
Disclosures and Reports
- Special Conditions: None
Listed by KW Hudson Valley United
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Schools
Schools serving 6201 State Route 42
School District:Fallsburg Central School District
| Name | Grades | Distance |
|---|---|---|
Benjamin Cosor Elementary School 15 Old Falls Road, Fallsburg, NY 12733 | PK-6 | 2.4 mi |
Fallsburg Junior Senior High School 115 Brickman Road, Fallsburg, NY 12733 | 7-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6201 State Route 42
Date
Details
Price
Change
Source
8/19/2026
Listed
$358,900
363.1%
MLS
11/08/2007
Sold
$77,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6201 State Route 42
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,955
3%
$29,100
—
2024
$2,866
100%
$29,100
—
2021
100%
$29,100
—
2022
-100%
$29,100
—
2016
$2,895
-3%
$29,100
—
2020
$2,994
—
$29,100
—
2018
$2,997
1%
$29,100
—
2017
$2,966
1%
$29,100
—
2016
$2,929
1%
$29,100
—
2015
$2,890
2%
$29,100
—
2015
$2,828
4%
$29,100
—
2013
$2,726
—
$29,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6201 State Route 42
6201 State Route 42, Fallsburg, NY 12788 (MLS# 1040808) is a Single Family property with 3 bedrooms and 3 full bathrooms. 6201 State Route 42 is currently listed for $358,900 and was received on August 19, 2026. Want to learn more about 6201 State Route 42? Do you have questions about finding other Single Family real estate for sale in Fallsburg? You can browse all Fallsburg real estate or contact a Coldwell Banker agent to request more information.
