Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    42 Pine Creek Drive Catskill, NY 12414

    View on Map
    New
    For Sale
    $32,500

    LAND - Catskill, NY

    Lot size:
    1.50 Acres
    Added:
    Apr 4, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 7 at 9:06 am

    Property Features for 42 Pine Creek Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    314
    Standard status
    Active
    APN
    137.01-1-17
    Lot size
    1.50 Acres

    Taxes and HOA fees

    Tax Description
    314 Rural Vacant
    Tax Annual Amount
    787

    We can help!

    Listing Contact
    Theodore Banta III
    Theodore Banta III

    Listing agent Theodore Banta III License #10311209842

    Listing office RVW Select Properties 7 W Moorehouse Rd, CAIRO, NY

    Listing date Apr 4, 2026

    MLS# 20261382

    Copyright © 2026 Hudson Valley Catskill Region MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Catskill, NY

    This 1.5-acre lot is suitable for building a home. It is located with proximity to area destinations and attractions, being 10 minutes from the Village of Catskill, 15 minutes from Dutchman's Landing Park and the Hudson River, 25 minutes from Windham Ski Mountain, 30 minutes to Hunter Ski Mountain, 20 minutes to Zoom Flume Water Park, and 10 minutes to Green Lake. The property is located on Pine Creek Drive in Catskill, NY, and is identified by the postal code 12414. It is located in Greene County. The zoning is 314. This building lot is located on a dead-end road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Food Market Electrical Service Farmer's Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Catskill
    County
    Greene
    State
    New York
    Longitude
    -73.9429419
    Latitude
    42.2574944

    Nearby Similar for Sale

    • $699,000
      12 SF

      Historical Brick Building on Main

      Historical building with storefront on Main Street in Catskill, NY.
      447 Main Street unit: 477, Catskill, NY 12414
      View Details
    • $450,000

      Cleared Land Subdivision Opportunity

      Three cleared lots for development in Catskill, New York.
      High Falls Road, Catskill, NY 12414
      View Details
    • $290,000

      Victorian Two-Family in Catskill, NY

      Two-family Victorian with income potential near Catskill's Main Street.
      97 Maple Avenue, Catskill, NY 12414
      View Details
    • $549,000
      2,300 SF

      Mixed-Use Property in Downtown Catskill

      Mixed-use property with commercial storefront and apartment in thriving downtown.
      414 Main Street, Catskill, NY 12414
      View Details
    • $899,900

      89 Acres Vacant Land Catskill

      89 acres of vacant land near Catskill Game Farm.
      300 Game Farm Road, Catskill, NY 12414
      View Details
    • $2,995,000
      9,600 SF

      Historic Catskill Game Farm Property

      193-acre property with inn, barns, and development potential.
      400 Game Farm Road, Catskill, NY 12414
      View Details
    • $140,000

      Cleared Lot in Catskill, NY

      1.98 acre lot with electric service and septic drawings.
      2809 Old Kings Road, Catskill, NY 12414
      View Details
    • $249,900
      1,925 SF

      Victorian Two-Family in Catskill, NY

      Two-family Victorian with investment potential near Catskill's Main Street.
      97 Maple Avenue, Catskill, NY 12414
      View Details
    • $150,000

      Land Parcel in Catskill, NY

      Cleared and surveyed land parcel ready for your dream home.
      High Falls Road lot: 3, Catskill, NY 12414
      View Details
    • $515,000
      2,184 SF

      Commercially Zoned Catskill Income Property

      Revitalized Catskill Village 2-family property with detached 3-bay garage.
      54 W Bridge Street, Catskill, NY 12414
      View Details
    • $6,500,000
      316,038 SF

      Unique Resort with Development Potential

      29.6-acre resort with studios, retail, and event space.
      4858 Route 32nd, Other, NY 12414
      View Details
    • $99,000

      Commercial Land in Catskill, NY

      Commercial land with frontage on 23A and 9W.
      23a & 9w, Catskill, NY 12414
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.5-acre building lot near Catskill's attractions.
    Where is this residential land & home lot located?
    The property is located at 42 Pine Creek Drive Catskill, NY.
    What is the asking price?
    The asking price for this property is $32,500.
    What are key features of this property?
    This property features: 1.5 Acre Building Lot; Proximity to Catskill Village (10 minutes); Close to Dutchman's Landing Park & Hudson River (15 minutes)
    (518) 466-1219
    We can help!
    Listing Contact
    Theodore Banta III
    Theodore Banta III
    Real Estate License ID: 10311209842
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!