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Property profile & analytics
OFF-MARKET
Land

326 Broadway Ulster Park, NY 12487

24.9 ac lot
Property ID
Property summary
AI-generated overview

Exceptional development opportunity awaits in the charming Town of Esopus, New York. This 24.9-acre parcel, identified as APN 56.75-3-1 and located at 326 Broadway, offers significant potential for residential development. Zoned R-12 Moderate Density Residential Hamlet, the property boasts multiple access points, including a newly established town-maintained road, ensuring convenient ingress and egress. The strategic location provides easy access to municipal sewer, water, and gas lines, significantly reducing infrastructure costs and expediting the development process. The favorable R-12 zoning allows for a variety of residential projects, and the town planning board has expressed interest in exploring potential bonus densities and alternative uses, including senior citizen housing, large-lot estate homes, mixed-use developments, cluster dwellings, and community residential facilities for the disabled. Situated near the Hudson River, the New York State Thruway, and various local attractions, this property presents a remarkable investment opportunity. The asking price is $590,000. This is a deed simple ownership.

Property profile
Verified
Property type Land
Lot 24.9 ac (1,084,644 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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