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    Fosler Rd Plattekill, NY 12568

    Sponsored
    For Sale
    $625,000

    18.8 Acres, Approved 15-Unit Complex

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 18.8-acre parcel in Plattekill, NY, presents a unique opportunity for developers. Located in Ulster County, on Fosler Rd, zip code 12568, this property is zoned RR1.5 and comes with full approvals for a 15-unit apartment/condo complex in Clintondale, NY. The approved plans encompass three buildings, each featuring two-story dwellings up to 2000 square feet. Detailed architectural drawings, site plans, and all necessary permits are readily available for immediate project commencement. The secluded setting offers privacy and tranquility. Adding to the potential, an adjacent 22+ acres (SBL # 102.1-7-12) is also included, providing ample space for a potential Phase II expansion. The asking price for this turnkey development opportunity is $625,000. This is a rare chance to acquire a fully permitted project, ready for immediate construction, in a desirable location. Don't miss this chance to capitalize on this prime residential development opportunity.

    Property Features for 0 Fosler Rd

    General Information

    Property type
    Land
    Lot Size
    818,928 SF

    HighLights

    • $625,000 asking price.
    • 18.8‑acre residential land parcel in Plattekill, NY.
    • RR1.5 zoning.
    • Approved 15‑unit apartment/condo complex; plans and permits available.
    • Potential for Phase II development on an adjacent 22+ acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Plattekill
    County
    Ulster
    State
    New York
    Longitude
    -74.052870687744
    Latitude
    41.649701386037

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      Large Acreage Land Opportunity

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    FAQs

    What type of property is this?
    Land - 18.8 Acres, Approved 15-Unit Complex
    Where is this land located?
    The property is located at Fosler Rd Plattekill, NY.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: $625,000 asking price.; 18.8-acre residential land parcel in Plattekill, NY.; RR1.5 zoning.
    (845) 629-8450
    Request Owner's contact information
    Fosler Rd Plattekill, NY 12568
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    Plattekill, NY 12568
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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
    Fosler Rd Plattekill, NY 12568
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