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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

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
60 Route 65-a, Windham, NY, 12496 $639,000 4 2 2,240 2,240 SqFt
60 Route 65a Rd, Hensonvonville, NY, 12496 $639,000 4 2 2,240 2,240 SqFt
96 56, Windham, NY, 12496 $565,000 5 2 --

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 07/19/2026 @ 02:48

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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