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    1546-1550 Shandelee Rd Lew Beach, NY 12758

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    For Sale
    $339,000

    Three buildings on 4.08 acres with potential for expansion.

    Lot size:
    4.09 Acres

    Property Features for 1546-1550 Shandelee Rd

    General Information

    Standard status
    Active
    Lot size
    4.09 Acres

    Building Details

    Year built
    1970

    Source: PURSUIT OF HAPPINESS REALTY Agent ELLIOTT SCHNEIDER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Property on Landscaped Acres

    This multifamily property features three buildings situated on 4.08 acres of landscaped land, offering the potential for the addition of another building. Each building contains two units, with several apartments featuring two or more bedrooms. The property is located in an excellent location and includes a play area suitable for both children and adults. A circular driveway is present, and the property borders a stream. School bus service to Sullivan West schools is available. Currently, six rents are being collected regularly, with room for rent increases. The property presents great potential.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lew Beach
    County
    Sullivan
    State
    New York
    Longitude
    -74.889647
    Latitude
    41.826999

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    FAQs

    What type of property is this?
    Apartment building - Three buildings on 4.08 acres with potential for expansion.
    Where is this apartment building located?
    The property is located at 1546-1550 Shandelee Rd Lew Beach, NY.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: - Three buildings on 4.08 acres with potential to add another building.; - Six existing rental units providing regular income with potential for rent increases.; - Excellent location with play area for kids and adults.
    (845) 439-8888
    Request Owner's contact information
    1546-1550 Shandelee Rd Lew Beach, NY 12758
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    Realmo Value Estimation

    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.

    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.

    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
    1546-1550 Shandelee Rd Lew Beach, NY 12758
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