Technical
Financial
Distress signals
Property profile

50 Chelsea Rd Chelsea, NY 12590

OFF-MARKET
Land
185.83 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 185.83-acre property presents a unique development opportunity in Wappingers Falls, NY. Approved for a 17-lot residential subdivision, this expansive land parcel boasts two coveted riverfront lots, offering unparalleled views and desirability. The property is zoned R-40/80, providing flexibility for a variety of residential development plans. Significant pre-development work has already been completed, including $100,000 in tree clearing, significantly reducing upfront costs and expediting the development process. Strategically located on Chelsea Road and River Road, this land enjoys exceptional access to major transportation arteries. It's just 8 minutes from US Route 9, 8 minutes from the Newburgh-Beacon Bridge, 9 minutes from the New Hamburg Metro-North station, 10 minutes from Interstate 84 (Exit 46), and 11 minutes from the Beacon Metro-North Train Station. This prime location offers future residents convenient access to commuting options, shopping, and recreational activities. The asking price for this remarkable development opportunity is $2,100,000. Don't miss this chance to acquire a substantial and well-situated land parcel poised for immediate development. The existing infrastructure improvements and strategic location make this an exceptional investment.

Property profile

Verified
Property type Land
Lot 185.83 ac (8,094,755 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

50 Chelsea Rd Chelsea, NY 12590
Chelsea metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 50 Chelsea Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message