0 Buena Vista Ave, Wallkill, NY 12589
This exceptional 25.797-acre parcel in Ulster County, New York, presents a unique investment opportunity. Located in the Hamlet of Wallkill within the Wallkill School District, this property boasts a highly desirable location just blocks from the Walden/Wallkill Rail Trail, Wallkill Town Park, Wallkill River, and Wallkill Public Library. Nearby amenities include schools, restaurants, shopping centers, and parks, offering convenient access to everyday necessities. The property's strategic position also provides easy access to major transportation arteries, including Route 208, Route 300, Interstate 84, and Interstate 87, ensuring seamless connectivity to the broader region. Importantly, this land comes with pre-existing preliminary approvals for two distinct development scenarios: a 31-lot residential subdivision or a 92-unit apartment complex. This dual-approval status significantly reduces the time and cost associated with obtaining necessary permits, making it an attractive proposition for developers seeking a streamlined path to project completion. The property's APN is 5200-106.004-0001-006.200-0000. The asking price for this remarkable development opportunity is $949,999. Detailed plans and further information are available upon request. Don't miss this chance to acquire a prime piece of land with significant development potential in a thriving New York community. The property is zoned for residential use.
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
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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.