Investment opportunity in Pine Plains, NY. This is two buildings on two lots being sold together. 7788-7792 and 7794 South Main St. One 2 bedroom, two studio's and three 1 bedroom apartments. Six units in all. Fully occupied and has been for many years. One of the parcels has BOHA for an additional building with storefronts and offices. Two 2500 gallon drywells are already in place. These properties are located close to the town center. Plenty of off street parking. This is a great opportunity for turnkey rentals and future expansion. Second parcel is 7794 South Main St.
The median home value in Pine Plains, NY is $658,500. This is higher than the county median home value of $395,300. The national median home value is $338,100. The average price of homes sold in Pine Plains, NY is $658,500. Approximately 59.03% of Pine Plains homes are owned, compared to 25.99% rented, while 14.98% are vacant. Pine Plains real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pine Plains real estate agent to arrange a tour today!
Pine Plains, New York has a population of 2,140. Pine Plains is less family-centric than the surrounding county with 19.59% of the households containing married families with children. The county average for households married with children is 29.92%.
The median household income in Pine Plains, New York is $67,212. The median household income for the surrounding county is $87,112 compared to the national median of $69,021. The median age of people living in Pine Plains is 51.4 years.
The average high temperature in July is 82 degrees, with an average low temperature in January of 13.7 degrees. The average rainfall is approximately 45.6 inches per year, with 51.9 inches of snow per year.