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Property profile & analytics
OFF-MARKET
Commercial real estate

Fosler Rd Wallkill, NY 12568

30,000 SF 18.8 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully approved 15-unit apartment/condo complex project in the desirable Clintondale, NY area, situated on a secluded 18.8-acre parcel. The project is ready for immediate construction by the purchaser, eliminating lengthy permitting processes. Detailed architectural drawings, site plans, and all necessary permits are readily available for review. The approved plans encompass three buildings, each featuring two-story dwellings with a maximum square footage of 2,000 square feet per unit. This offering includes not only the 18.8 acres directly supporting the 15-unit development but also an additional 22+ acres (SBL # 102.1-7-12) adjacent to the property, presenting significant potential for future expansion or Phase II development. The total land area provides ample space and privacy for residents. The property is located on Fosler Road in Wallkill, NY, offering convenient access to local amenities and transportation routes. The asking price of $625,000 encompasses the land, approved plans, and permits, making this a turnkey opportunity for developers seeking a profitable venture in a thriving market. The total building square footage is 30,000 square feet.

Property profile
Verified
Property type Commercial real estate
Year built 2023
Total area 30,000 SF
Lot 18.8 ac (818,928 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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