326 Broadway Ulster Park, NY 12487
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.