Thoughtful design rooted in the Keuka Lake lifestyle
Tucked into the village of Penn Yan, Water Street Condos pairs the easy pace of the Keuka Lake community with contemporary architecture. Inside each residence you'll find open layouts, oversized windows, premium appliances, and finishes selected for people who appreciate the details.
Outside, the best of the Finger Lakes is at your doorstep — boat launches, world-class wineries, farm-to-table restaurants, and miles of trails through some of the most beautiful country in New York State.
- Brand-new construction
- Walk to shops & dining
- Low-maintenance lifestyle
- Strong rental potential
Built for living — and investing.
Low Property Taxes
As a registered condominium, tax assessments are roughly a third of market values — often around $5,000/yr. versus over $10,000/yr. for comparable properties.
Rental-Friendly Units
Perfect as an income property or vacation rental — subletting welcome.
Minutes From Historic downtown
Enjoy the charm and convenience of downtown Penn Yan.
Modern Luxury Units
High-end finishes, smart features, and elegant design.
Prime Growth Locations
Invest where value is rising fast.
Everything you need.
Nothing you don't.
From the moment you arrive, every detail has been considered — so your time can be spent on the water, the trails, or at local attractions.
Low Property Taxes
Condo tax assessments are roughly a third of market value — often a fraction of comparable homes.
Keuka Lake Community
Steps from Keuka Lake's shoreline, marinas, and boat launches.
Wine Country
30+ award-winning wineries on the Keuka Lake Wine Trail.
Walkable Village
Cafés, restaurants, and shops just down the street in Penn Yan.
Open Layouts
Bright, open-concept floor plans with oversized windows.
Year-Round Comfort
High-efficiency heating, cooling, and modern insulation.
Smart-Ready
Pre-wired for high-speed fiber and smart-home tech.
Designer Finishes
Quartz counters, custom cabinetry, and modern lighting.
Thoughtful design rooted in the Keuka Lake lifestyle
2
Bedrooms
2 or 2 ½
Bathrooms
820 – 1,640
Square Feet
Appraised at 1/3 Market Value
Condo Tax Savings
Included Features
- Open-concept living & kitchen
- Quartz countertops & custom cabinetry
- Oversized windows & natural light
- In-unit washer & dryer hookups
- High-efficiency HVAC
- Smart-home ready wiring
- Ideal for vacation rental or sublet income
Keuka Lake.
A place that pulls you back.
Famous for its Y-shape and crystal-clear water, Keuka is one of the most beloved of the Finger Lakes. Water Street sits in the heart of downtown Penn Yan, steps from local shops, restaurants, and cafés — and just minutes from the lake, wineries, hiking, and four-season recreation.
- Keuka Lake shoreline2 min
- Penn Yan Private Airport5 min
- Penn Yan dining & shopsWalkable
- Keuka Lake Wine Trail10 min
- Watkins Glen State Park30 min
- Rochester Airport (ROC)1 hr
The Finger Lakes await.
The beauty of living at Water Street Condos is that adventure extends far beyond your doorstep. The Finger Lakes region is filled with charming towns, natural wonders, and iconic destinations that make for the perfect day trip.
And right here in Penn Yan, the local community offers a walkable downtown with boutique shops, farm-to-table restaurants, breweries, and cafés — plus immediate access to the lake, marinas, and waterfront parks.
Keuka Lake sits at the heart of the Finger Lakes wine region
Seneca Lake & the Wine Trail
Just a short drive away, Seneca Lake boasts the largest Finger Lakes wine trail, with over 35 wineries, breweries, and distilleries along the shores.
Explore Wineries In Seneca Lake | Seneca Lake Wine Trail
The Windmill
A beloved Penn Yan tradition, The Windmill Farm & Craft Market brings together hundreds of vendors with handmade crafts, local produce, antiques, and fare — just minutes from home.
The Windmill Farm & Craft Market
Amity Coffee Co.
Locally roasted coffee and a welcoming gathering spot in downtown Penn Yan — a perfect morning stop before heading to the lake.
Visit Amity Coffee Co.
Morgan Marine
A full-service marina on the Keuka Lake waterfront in Penn Yan — rent a boat for a day on the water or reserve dock space for your own, with sales, service, parts, and financing on site.
Morgan Marine — Penn Yan, NY
OUTLET 111 BAR & LOUNGE
Elevated spirits, fresh ingredients, and waterfront craft cocktails & tapas in downtown Penn Yan.
OUTLET 111 BAR & LOUNGE
Frequently asked.
When will units be available?+
Are pets allowed?+
Can these be used as short-term rentals?+
What's included in the HOA?+
Come see Water Street in person.
Private tours are available daily by appointment. Reach out and we'll be in touch within one business day.
The Deanna Nissen Real Estate Team
(585) 576-9207