Performance indicators for the Phoenicia short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Phoenicia.
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Challenging to Investors
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
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.