0 Fosler Rd Plattekill, NY 12568
This exceptional 18.8-acre parcel in Plattekill, NY, presents a unique opportunity for developers. Located in Ulster County, on Fosler Rd, zip code 12568, this property is zoned RR1.5 and comes with full approvals for a 15-unit apartment/condo complex in Clintondale, NY. The approved plans encompass three buildings, each featuring two-story dwellings up to 2000 square feet. Detailed architectural drawings, site plans, and all necessary permits are readily available for immediate project commencement. The secluded setting offers privacy and tranquility. Adding to the potential, an adjacent 22+ acres (SBL # 102.1-7-12) is also included, providing ample space for a potential Phase II expansion. The asking price for this turnkey development opportunity is $625,000. This is a rare chance to acquire a fully permitted project, ready for immediate construction, in a desirable location. Don't miss this chance to capitalize on this prime residential development opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty 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.