15 Thompson Street
About This Property
Discover the Catskills. This rare, .08-acre vacant lot is ideally situated just off Main Street, offering unparalleled access to the area's dynamic arts scene, eclectic shops, and diverse restaurants.
Imagine creating a bespoke property, with all the conveniences of urban living at your doorstep.
Nestled in a community celebrated as an artists' paradise, this property is surrounded by inspiration. Enjoy year-round activities, from gallery openings and theater performances to seasonal festivals and outdoor recreation along the scenic Hudson River. The vibrant downtown atmosphere, combined with the natural beauty of the Catskill Mountains, provides an exceptional quality of life.
Highlights:
Size: .08 acre
Location: Directly off Main Street in downtown Catskill
Ideal for: A single-family home or a creative mixed-use project (Buyers or buyers agent to contact Local Village building inspector)
This is a unique chance to invest in a growing and highly desirable location. Don't miss your opportunity to be a part of the Catskill renaissance.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2026 | Relisted | $60,000 | |
| Relisted | |||
| Apr 13, 2026 | No longer available | - | |
| No longer available | |||
| Sep 12, 2025 | Listed by Coldwell Banker Village Green | $60,000 | |
| Listed by Coldwell Banker Village Green | |||
| Nov 23, 2009 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017