Phoenicia, NY
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Phoenicia short-term rental market based on reliable data.
Listings
157 / 265
Reliable / Active
Cap Rate
9%
Middle-Earners Gross Yield
Revenue
$34,960
Middle-Earners Revenue
Occupancy
48%
Middle-Earners Occupancy
Home Value
$383,852
Median Home Sale Price
Top Earners
$76,724
Top-Earners Revenue
Phoenicia
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Phoenicia.
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Challenging to Investors
Phoenicia Regulations
STRs are technically allowed with licensing, but new non‑resident investors are blocked because the owner/non‑resident license cap has been reached and no new licenses are being issued. Owners can obtain licenses, but the process requires inspections, insurance, taxes, annual renewal, neighbor notifications, and compliance with safety codes, which adds moderate cost and complexity. This makes the market challenging for new entrants and investors.
Local STR Agent
STR specialist · Phoenicia, NY
About Phoenicia
Phoenicia is a hamlet (and census-designated place) of Shandaken in Ulster County, New York, United States. The population was 268 at the 2020 census, making it the second highest populated community in the town. The village center is located just off Route 28 at its junction with Route 214 and is nestled at the base of three peaks, Mount Tremper, Romer Mountain, and Sheridan Mountain. The community sits at the confluence of the Esopus Creek and Stony Clove Creek. A popular getaway for New Yorkers, the hamlet has frequented many tourism guides as among the best vacation towns in the greater New York City area.