1521 Route 208 Washingtonville, NY 10992
This exceptional investment opportunity encompasses three contiguous parcels totaling over 21 acres in Washingtonville, NY's desirable Blooming Grove town. The property boasts significant frontage along State Highway 208, exceeding 1,390 feet, and additional rear frontage on Satterly Creek. The land is comprised of three parcels with varying zoning designations. Parcel 10-1-26.3, spanning over 4 acres, is zoned Rural Crossroads and features two existing multi-family buildings and a garage, presenting immediate income potential or redevelopment possibilities. Parcel 10-1-27, encompassing 1.6 acres, is also zoned Rural Crossroads, offering flexibility for various uses. Finally, the expansive 16-acre Parcel 10-1-52 is zoned Vacant Land Residential, providing ample space for future development or expansion. This unique combination of existing structures, versatile zoning, and prime highway location presents a rare opportunity for investors seeking significant returns. The property is conveniently located in Washingtonville, NY, offering easy access to major transportation routes and amenities. Showings are strictly by appointment only.
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
Similar Nearby for Lease
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.