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5355 New York 23

Windham, NY 12496
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Bed 5

Bed

Bath 0

Bath

SqFt2,500

Sqft

Acres0.24

Acre(Lot)

CALLING INVESTORS - PRIME WINDHAM VILLAGE OPPORTUNITY Rare opportunity in the heart of Windham Village with exceptional commercial and residential development potential. Positioned in one of the Catskills' most desirable four-season destinations, this property offers investors the chance to capitalize on the continued growth and popularity of Windham. Windham is truly ''the place to be,'' attracting visitors year-round with its breweries, restaurants, movie theater, live entertainment venues, walking paths, golf, and outdoor recreation -- all just minutes to skiing at Windham Mountain Club. This property presents tremendous upside potential for: • Mixed-use commercial/residential development • Retail with upscale apartments above • Boutique hospitality or vacation rental concepts • Restaurant, brewery, or entertainment venue • Expanded multi-unit residential use A major value-added component already exists through participation in the NYC Watershed/CWC flood mitigation program. The current ownership has completed the first three phases of approvals and applications, positioning the project for construction application status. Approximately 3/4 of associated cost is covered for: • Elevating the building due to flood zone • Constructing a new foundation • Relocating utilities to the first floor To preserve continuity within the approved program, ownership is structured through 5355 Main Street, LLC, allowing a purchaser to step directly into the existing approval process and benefits already secured. Additionally, prior approvals from the Town of Windham included: • A rear addition • Expanded first-floor commercial space • Relocation of apartments to upper levels Ownership was also advised that a future third floor of apartments would likely receive approval, creating even greater residential income potential. With strong tourism, growing demand, and limited village inventory, this is a strategic opportunity for investors and developers seeking a high-visibility property with approvals, infrastructure planning, and substantial upside already in motion

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Detail Ic Property Details

Property Type : Residential Income

Price : $689,000

AD Id : 79773502

MLS Id : 20262874

Beds : 5

Lot Size : 0.24 Acre

Living Area Size : 2,500

Tax Amount : 3836.00

Year Built : 1965

County : Greene

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Feature Features

  • Bedroom Information

    Total beds: 5

  • Building Information

    Year Built: 1965 Building Area Total: 2500 Private Pool: No

  • Lot Information

    Main Square Feet: 0.24 Acres Lot Size Acres: 0.24 Lot Size Square Feet: 10454.4

  • Listing Price Information

    Listing Price: $689000

  • Tax Information

    Parcel Number: 78.19-1-22 Tax Lot: 22 Tax Block: 1 Annual Tax: $3836
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
96 56, Windham, NY, 12496 $565,000 5 2 -- 0.76 Acre
60 Route 65-a, Windham, NY, 12496 $639,000 4 2 2,240 1.30 Acres
60 Route 65a Rd, Hensonvonville, NY, 12496 $639,000 4 2 2,240 1.30 Acres

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Ulster County Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Ulster County Board of REALTORS®, Inc.

ByOwner last updated this listing 09/08/2026 @ 00:12

MLS: 20262874 LISTED BY: Carol Shaw, Shaw Country Realty, Inc. SOURCE: Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS)

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