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    OFF-MARKET
    Land

    0 Homestead Ave, Maybrook, NY 12543

    2,513,412 SF 57.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 57.7-acre property presents a unique development opportunity in the historic village of Maybrook, New York. Comprising two parcels – a 19.6-acre section in the Town of Montgomery and a 42.8-acre section in the Village of Maybrook – this land boasts a diverse landscape featuring sparsely to deeply wooded areas with mature trees and attractive rock walls. Partial scenic views are visible from the higher elevations. The property benefits from convenient access to essential utilities, including natural gas, municipal water and sewer, cable, and electricity, all readily available at the site's edge. Subdivision approvals are anticipated within months, paving the way for a 63-lot cluster subdivision. Strategically located less than two miles from I-84 and under five miles from I-87, this location offers easy access to major transportation arteries. The property is also minutes away from the Campbell Hall train station, providing a convenient commute to New York City (less than 1.5 hours). An optional purchase includes a 3,500+ square foot historic home (built in 1780) situated at 711 Homestead Avenue, presenting a potential clubhouse, event center, or community amenity for the subdivision. This presents an excellent long-term investment prospect for developers seeking a prime location and significant development potential. The total square footage of the land is 2,513,412 square feet. The asking price for this exceptional property is $1,500,000.

    Property profile
    Verified
    Property type Land
    Total area 2,513,412 SF
    Lot 57.7 ac (2,513,412 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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