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

    259 Lackawaxen Road Narrowsburg Ny, NY 12764

    View on Map
    Claim this Listing
    For Sale
    $550,000

    LAND - Narrowsburg, NY, NY

    Lot size:
    47.44 Acres
    Added:
    Aug 1, 2025
    Days on Market:
    277
    Last Refresh:
    May 4 at 3:06 pm

    Property Features for 259 Lackawaxen Road Narrowsburg

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    48400.024.000-0001-011.001/0000
    Lot size
    47.44 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4834

    Utilities

    Water source
    Well
    Water front features
    Stream
    Water front
    1

    Building Details

    Additional Structures
    Gazebo

    We can help!

    Listing Contact
    Christina Lake

    Listing agent Christina Lake License #RM425475

    Listing office Davis R. Chant - Milford 106 E. Harford Street, Milford, NY

    Listing date Aug 1, 2025

    MLS# PW-252458 Listing URL

    Copyright © 2026 Pike/Wayne Association of Realtors 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

    Land with Existing Infrastructure

    This 47+ acre parcel, formerly Narrow Brook Acres, presents an opportunity for a private retreat, investment, or compound. The property includes a foundation from a previous home, an in-ground pool, a barn with loft space, a carport, and a gazebo. It also features a well, septic system, and paved driveways. The land comprises orchards, open fields, and woods, with a brook running through it. While the original residence was lost to a fire, this allows for new construction tailored to the property. An abandoned cottage on the property could be restored for use as a guest house, studio, or rental unit. The land offers character, infrastructure, and potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Map

    City
    Ny
    County
    New York
    State
    New York
    Longitude
    -74.970009
    Latitude
    41.530106

    Nearby Similar for Sale

    • $52,000

      Cochecton Land For Sale

      5+/- acre lightly wooded parcel near Narrowsburg.
      Skipperene Road lot: 17.14, Cochecton, NY, NY 12726
      View Details
    • $399,900

      56+ Acres Open Pasture Land

      56+ acres of open pasture, perfect for horses.
      Shortcut Road lot: 17.9, Cochecton, NY, NY 12726
      View Details
    • $225,000

      9.65 Acres of Land in Glen Spey

      Two adjacent lots with pond, perfect for building a retreat.
      White Road lot: 20, Glen Spey, NY, NY 12737
      View Details
    • $99,999

      2.4-Acre Interchange Business Zoned Lot

      2.4-acre lot zoned Interchange Business with direct I-84 access.
      109 US Highway 6, Port Jervis, NY, NY 12771
      View Details
    • $49,995

      Wooded Land Near Snowmobile Trail

      5-acre wooded parcel ideal for building or recreation.
      1.10 Curtiss Rd, Camden, NY, NY 13316
      View Details
    • $49,995

      Scenic Vacant Land in Camden

      5-acre wooded property near trails and fishing.
      1.9 Curtiss Rd, Camden, NY, NY 13316
      View Details
    • $49,995

      Wooded Land Near Camden, NY

      6.7-acre wooded parcel suitable for residence, camp, or retreat.
      1.8 Curtiss Rd, Camden, NY, NY 13316
      View Details
    • $79,999

      5+ Acre Wooded Lot

      Wooded 5+/- acre lot with clearing and driveway in place.
      Foster S Trail lot: 1.6, Narrowsburg, NY, NY 12764
      View Details
    • $1,220,000

      Large Land Parcel in Narrowsburg

      122+/- acre wooded lot near Narrowsburg's Main Street.
      Deep Hollow Hill Road lot: 50, Narrowsburg, NY, NY 12764
      View Details
    • $400,000

      Bronx Multi-Unit Investment Opportunity

      Two-family property in as-is condition, ideal for cash investors.
      831 Jennings St Bronx, NY, NY 10459
      View Details
    • $295,000

      43 Acres of Vacant Land

      Land with open fields and woodlots in the Catskills.
      WP0 Rolling Meadows Rd., Livingston Manor NY, NY 12758
      View Details
    • Contact for pricing
      3,720 SF

      Sunnyside Multifamily Investment Opportunity

      Six-unit rent-stabilized building in Sunnyside, Queens, built in 1929.
      48-22 41st St, Sunnyside, NY, NY 11104
      View Details

    FAQs

    What type of property is this?
    Land - 47+ acre parcel with pool, barn, and utilities.
    Where is this land located?
    The property is located at 259 Lackawaxen Road Narrowsburg Ny, NY.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 47+ acre parcel with diverse landscape: open fields, woods, and a stream.; Existing infrastructure: **foundation, in‑ground pool, barn with loft, carport, gazebo, well, septic, and paved driveways.**; Opportunity to build a custom home on a solid foundation.
    (845) 625-9600
    We can help!
    Listing Contact
    Christina Lake
    Real Estate License ID: RM425475
    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

    Thank You for Inquiry

    259 Lackawaxen Road, Narrowsburg, NY, NY 12764

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!