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$420,000
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Property Description
Prime B3-zoned Main Street opportunity in the heart of South Fallsburg, ideally to be purchased together with adjoining 5039 Main Street. 5033 Main Street sits on a mostly flat 0.76-acre parcel and features an existing two-story home currently producing approximately $2,000/month in reported rental income. Flexible B3 zoning may allow residential, commercial, mixed-use, mobile-home-related uses, and other future-use possibilities, subject to municipal approvals, creating 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 is centrally located near Main Street amenities, seasonal communities, bungalow colonies, camps, resorts, and local area destinations, with strong visibility and convenient access. Recent owner improvements include a newly replaced septic system with new leach field and a newly added swing set/playground area. The septic system is a valuable infrastructure upgrade and may help reduce utility costs by avoiding municipal sewer charges. The home also includes a basement with rooms and a bathroom. Adjoining 5039 Main Street MLS#998725 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 all municipal approvals/requirements.
Full Property Details
Full Property Details for 5033 Main St
General
- Price: $420,000
- Taxes: $3,547
- Status: Active
- Type: Single Family
- Source: Long_Island
- MLS ID: 000029
- Updated: 5/18/2026
- Added to Site: 12 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: High Speed Internet
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Playground
- Porch/Patio/Deck: Patio, Porch
Parking
- Parking Features: Driveway
Location
- County: Sullivan County
- Driving Directions: Route 42 / Main Street in South Fallsburg. Property located on Main Street.
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: None
- Heating Type: Forced Air, Hot Air
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Natural Gas Connected
Structural Information
- Architectural Style: Cape Cod
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: See Remarks, Walk-Out Access
- Sq. Ft. Source: Public Records
- Year Built: 1914
Lot Features
- Lot Size (Acres): 0.76
- Lot Size (Sq. Ft.): 33,106
- Lot Features: Level, Near Public Transit
Financial Considerations
- Tax Amount: $3,547.55
Disclosures and Reports
- Special Conditions: None
- Property ID: 2889-054-0-0001-005-000
Listed by Keller Williams Realty
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Schools
Schools serving 5033 Main St
School District:Fallsburg Central School District
| Name | Grades | Distance |
|---|---|---|
Benjamin Cosor Elementary School 15 Old Falls Road, Fallsburg, NY 12733 | PK-6 | 2.9 mi |
Fallsburg Junior Senior High School 115 Brickman Road, Fallsburg, NY 12733 | 7-12 | 2.7 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 5033 Main St
Date
Details
Price
Change
Source
5/18/2026
Listed
$420,000
200%
MLS
6/27/2022
Sold
$140,000
—
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 5033 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,501
-9%
$43,900
—
2024
$3,842
100%
$43,900
—
2021
100%
$43,900
—
2022
-100%
$43,900
—
2021
$3,511
-22%
$43,900
—
2020
$4,480
2%
$43,900
—
2018
$4,382
44%
$43,900
—
2017
$3,040
6%
$43,900
—
2016
$2,860
1%
$43,900
—
2015
$2,844
4%
$43,900
—
2015
$2,740
4%
$43,900
—
2013
$2,638
—
$43,900
—
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 5033 Main St
5033 Main Street, South Fallsburg, NY 12779 (MLS# 000029) is a Single Family property with 3 bedrooms and 1 full bathroom. 5033 Main Street is currently listed for $420,000 and was received on May 18, 2026. Want to learn more about 5033 Main Street? Do you have questions about finding other Single Family real estate for sale in South Fallsburg? You can browse all South Fallsburg real estate or contact a Coldwell Banker agent to request more information.
