Commanding the corner in the heart of Historic Cherry Valley, 1 Main Street is a landmark mixed-use investment property offering over 9,000 square feet of income-producing space. This impressive multi-story brick building blends timeless architecture with strong commercial visibility, featuring a ground-level storefront and 9+ residential apartments above. Its prominent Main Street location places tenants and customers within steps of village shops, dining, and local amenities, while the building’s classic brick façade, wraparound porches, and corner presence create undeniable curb appeal. The scale and layout of the property present exceptional flexibility for investors seeking steady rental income, future value-add potential, or a flagship asset in a charming historic community. With multiple revenue streams already established and room to enhance long-term returns, this is a rare opportunity to own one of Cherry Valley’s signature buildings. Whether expanding a portfolio or securing a cornerstone investment in a desirable village setting, 1 Main Street delivers location, character, and opportunity in one compelling package.
Property Details
Price:
$725,000
MLS #:
S1664836
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
cherryvalleyvillage362401
Listed Date:
Mar 3, 2026
Finished Sq Ft:
9,630
Total Sq Ft:
9,630
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1900
Units:
9
See this Listing
Schools
School District:
Cherry Valley-Springfield
Interior
Appliances
Electric Water Heater
Cooling
Heat Pump
Flooring
Hardwood, Varies
Heating
Electric, Heat Pump, Propane, Forced Air
Exterior
Construction Materials
Other, Stone, See Remarks
Exterior Features
Propane Tank Leased
Parking Features
Common
Roof
Membrane, Rubber
Financial
Taxes
$4,869
Map
Community
- Address1 Main Street Cherry Valley NY
- CityCherry Valley
- CountyOtsego
- Zip Code13320
Market Summary
Current real estate data for Multi Family in Cherry Valley as of Mar 07, 2026
1
Multi Family Listed
4
Avg DOM
75
Avg $ / SqFt
$725,000
Avg List Price
Property Summary
- 1 Main Street Cherry Valley NY is a Multi Family for sale in Cherry Valley, NY, 13320. It is listed for $725,000 To schedule a showing of MLS#s1664836 at 1 Main Street in Cherry Valley, NY, contact your Concrete Jungle Realty agent at 3472420937.
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Courtesy of River Hills Properties LLC Lf. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 1 Main Street
Cherry Valley, NY


