Cairo Multifamily 19 Units Rents 136K 12405 Main house +8 units, 1-3 BR unit, 8 studios in 2nd unit, duplex with 2 2BR, 2BR cottage, 1.5 garage spaces, current rents are 58k on 4.7 acres, expandable.
Cairo Multifamily 19 Units Rents 136K 12405
Cairo NY Real Estate, includes Acra, Gayhead, Purling, Round Top, South Cairo, South Durham and the Catskill Creek. Cairo has seen its character change from a farming center to a tourist location especially popular with individuals of German and Italian descent. Round Top is close to the village of Cairo and an area that attracted individuals of German descent and spawned several well known resorts. Since the Second World War, as tourism from the New York Metropolitan area has been impacted by the growth of air travel, Cairo suffered. Today it is struggling to establish a new identity. According to the U. S. Census for 2000, the town has a total area of 60.1 square miles and a population of 6,355, 97% white. The median income for a household in the town was $35,995.
Cairo NY History
The Town of Cairo lies at the foot of the Catskills, the mountains forming the west boundary. Patents had been issued for all of the lands of this town before the Revolution, but it is doubtful whether any of these had been occupied by actual settlers before James Barker, who came in 1765.
Cairo was one of the first towns in the area to develop ski slopes and trails and tourism has been its largest “industry” since the 1800’s. From 1800 the Susquehanna Turnpike, a private toll road, ran through the town. The Cairo Railroad represented the incursion by the young Catskill Mountain Railroad into the freight business when the branch was chartered on April 10, 1884. The directors of the CMRR saw the Cairo extension as a means of tapping business in bluestone, hay and fruit. Shale rock would represent a major portion of the CMRR’s freight revenue until the shale brick plant closed in 1914.
Improved transportation modes were reducing travel time between the New York City area and the Catskills. Tourism increased as a result. The area, already made famous by artists, authors, and poets would begin to see a seasonal boom to supplement its agricultural base. Many hotels and boarding or rooming houses were either established or expanded.
The automobile changed the way Americans lived and tourist destinations like Cairo would benefit from this newfound mobility. But this proved fatal to the local railroad industry and the Cairo Railroad would close after the 1918 summer season. Iron from the railway was used for the efforts of America’s First World War.
Cairo NY Real Estate Today
The summer months continued to draw the crowds to the long-established Cairo Fair. Farmers, still active in their agricultural pursuits, were finding the additional income from providing boarding space very beneficial, and eventually some gave up farming altogether and expanded into full-fledged resorts, such as Glenbrook Farm in the hamlet of Round Top.
When the Second World War finally concluded, returning soldiers found a robust and growing home front. Larger families led to creation of expanded services and improved tax base. Even the scattered rural hamlets of Cairo remained active, enjoying the economic benefits of a population that would often double in the summer months. A strong Chamber of Commerce developed. The town supported two all-night diners, a movie theater, department store, and other specialized outlets.
The early 1950’s saw the establishment of a small strip mall on the outskirts of the village. A few years later a divided state highway project was completed, paralleling the original State Route 23 (now renamed 23B). Some cheered the removal of heavy truck traffic through the village. Others declared it the death knell of the community’s business. Hindsight now tells us the outside forces, such as the influx of large franchise retailers, were working to diminish the effectiveness of traditional “mom and pop” businesses, even then.
The 1980’s marked a new period of infrastructure improvements and new growth. Constant during the town’s 200 plus years, have been its natural beauty and the friendly nature of its inhabitants.
- Address: Cairo, New York
- Price: $850,000
- Property ID: 4368
- Prop. Class: Multifamily
- Town: Cairo
- County: Greene
- Schools: Cairo-Durham
- Contact Agent: David Birch
- Agent Title: Broker
- Cell: (518)928-7239
- Brokerage: Barns & Farms Realty, LLC
- Phone: (518)392-6400