69 Old Route 9W, Port Ewen, NY 12466
This exceptional 6+ acre property in Port Ewen, NY, presents a unique investment opportunity. Situated directly across from Downtown Kingston and boasting over 650 feet of Rondout Creek waterfront, this land offers unparalleled development potential. The property features a high plateau and extensive waterfront access, creating a versatile canvas for various projects. Zoned RG (Rondout Gateway), permitted uses include townhouses, multi-family dwellings, hotels, motels, resorts, restaurants, bars, breweries, and distilleries. Comprehensive due diligence has already been completed, including an updated survey, topographic map, drill logs with rock core evaluations, and a site plan for a condo development. The site benefits from readily available municipal water, sewer, and natural gas utilities. Existing infrastructure includes a man-made well and pump at the waterfront, along with electricity. This prime location combines recreational appeal with significant commercial development potential, making it an ideal investment for both short-term and long-term returns. Detailed documentation, including renderings, is available upon request. The asking price is $995,000. Don't miss this chance to acquire a truly remarkable waterfront property in a thriving area.
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
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.