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    FOR SALE
    Commercial real estate

    126 Devany Rd, Ferndale, NY 12734

    12.55 ac lot
    Property ID
    US63-5049045
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 12.55 ac (546,678 SF)
    UPID US63-5049045
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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