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Property profile

0 Homestead Ave Maybrook, NY 12543

OFF-MARKET
Land
2,513,412 SF 57.7 ac lot
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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

Location

Homestead Ave Maybrook, NY 12543
Maybrook metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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