Property summary
This exceptional redevelopment opportunity presents 23 buildable lots in Patterson, NY's desirable Meadowbrook Farms. Priced at $550,000, this multifamily development project offers significant potential. The property boasts existing engineering plans (requiring updates), a shared water source from existing wells, and previously approved septic systems. The site is a level lot, part of an established homeowner's association, and benefits from existing infrastructure. The Town of Patterson has expressed support for the project's completion and is open to collaboration with new owners. This location provides convenient access to major roadways, including Routes 22, 52, 292, 311, I-84, and I-684, ensuring easy commutes. Nearby amenities include grocery stores, restaurants, recreational facilities, and the Village of Pawling. The area enjoys a strong household median income of $103,714, indicating a robust market for new residential construction. This is a rare chance to capitalize on a well-situated, partially developed site with significant upside potential in a thriving community. The property is located off Route 292, connecting to Routes 22 and 52/I-84, offering easy access to I-84 via Route 311 or Route 292, and I-684 via Route 22 or I-84. The site's proximity to amenities and major transportation routes makes it an attractive location for potential homebuyers. The existing infrastructure and the municipality's willingness to cooperate make this a streamlined development opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.