126 Devany Rd, Ferndale, NY 12734
For Sale
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This exceptional 12.55-acre property in Ferndale, NY, presents a remarkable development opportunity. Located in the desirable Swan Lake area of Sullivan County, this RD1-zoned land boasts three subdivided lots, totaling 546,678 square feet. A recent survey is available for review. The property features two wells (one active, one abandoned), a sizable pond (approximately 100 x 75 feet), over ten mature fruit trees (apples, pears, etc.), and over 5,000 maple trees in a buildable area. Some internal clearing has already been completed. The location offers unparalleled convenience, with easy access to amenities. A six-minute walk leads to Hillcrest Estates Bungalow Colony, featuring a prominent religious leader's residence and two new synagogues. A seven-minute walk reaches a new development including a synagogue and mikvah. Within a ten-minute drive, you'll find Apple Tree Kosher Supermarket, ShopRite, Lemonade Kosher Supermarket, Home Depot, two post offices, and numerous other shopping destinations. The property is adjacent to Girls Camp Baiseinu (formerly Machaneinu). Annual property taxes are $3,350. The asking price is $1,850,000. Less than two hours from Manhattan, this highly sought-after location offers incredible potential for various development projects, from residential communities to recreational facilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 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.