www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze property details including ownership and financial history. Share advanced property insights with your clients and teams.

Fallsburg Victorian on nearly 2 acres to develop!

Its all about land! Beautifully Partially renovated home on the acreage on nearly 2 acres

Listing Contacts

Active

Asking Price: $495,000
Earnest Money  Deposit: $50,000 min.
Address 

5833 NY-42, Fallsburg, NY 12733

Show on Map
Date Added
Mar 25, 2025
Days on Market
83 days
Time Since Last Update
83 days

Details

Property TypeLand, Multifamily, Special Purpose
SubtypeCommercial, Religious/Church, Residential
Investment TypeOwner/User
Investment Sub Typeredevelopment
Square Footage2,175
OccupancyVacant
Year Built1905
Year Renovated2022
Buildings1
Stories2
ZoningResidential
Lot Size (acres)1.8
Broker Co-OpYes
APN2889-028-0-0001-008-000
OwnershipFee Simple
IntelligenceINTELLIGENCE
Explore more in-depth Comp & Record details for this property. Explore

Marketing Description


Stunning 1.8 acres, the land is connected to municipal water and sewer services, and it has zoning that allows for the construction of at least two additional homes or more, pending necessary approvals.​ Existing Victorian Home: A characterful Victorian-style residence, featuring 3 bedrooms and 2 full baths.​ 2 extra rooms on the first floor, providing flexible usage options.​A laundry room and the need for a kitchen installation to complete it.​A new heating system powered by efficient mini-split units.​ Additional Space: A large two-story addition, fully framed and ready to be finished, offering extra living quarters or creative possibilities.​ Land Features includes the grounds are a visual treat, featuring open, level spaces with mature trees a charming mix of woods and historic stone walls.​ Immediate .​The home is functional for this season, even while plans for further development or renovations are in progress.​ Nestled in the Fallsburg area, it offers proximity to amenities, making it convenient while retaining its serene character.​ This property seems like a unique opportunity for both personal enjoyment and development.​

Investment Highlights

Developing Possibilities 1) Just as his needs renovation would be perfect for large family Large enough to make big unit with3-4 suites 2) Subdivide to separate lots lot is under R1 zoning which allows One-family dwelling with public sewer and water, per 1/2 acer that is about 3-4 separate lots (needs to apply or subdivision) 3) Duplex Extension must have approvals, contingency apply under this zoning you can apply for duplex development, buildable about 5 duplex buildings total to 10 units. Features: • Almost Two Acres - 1.8 Acre • A lot of square footage (actual square footage much greater from tax record.) • Large two story (+ Basement) • Municipal Sewer and Water • Winterized House (Vinyl Sidings, Insulated Walls) • Side to Side with Fallsburg Hills Estates • Brand New Boiler • Big Add-on built in 2008 • New windows • Two Separate Entrances from street (makes perfect for large family with privacy

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


Similar Properties for Sale

Pictures of Land, Note/Loan property located at Mitchell Rd, 12747, NY 12747 for sales - image #1
Note Sale
$14,302
NY-1043
$16.41K UPB • Land • Performing

Mitchell Rd 12747, NY 12747

Pictures of Land property located at 4999 S Fallsburg Main St, South Fallsburg, NY 12779 for sales - image #1
Unpriced
4999 S Fallsburg Main St
Land • 9 acres

4999 S Fallsburg Main St South Fallsburg, NY 12779

Pictures of Land property located at 128 Rosemond Road, Fallsburg, NY 12789 for sales - image #1
$990,000
128 Rosemond Road
Land • 2,366,614 SF

128 Rosemond Road Fallsburg, NY 12789

Pictures of Land property located at 114 Ranch Hill Rd, South Fallsburg, NY 12779 for sales - image #1
$475,000
114 Ranch Hill Road
Land • 13.91 acres

114 Ranch Hill Rd South Fallsburg, NY 12779

Pictures of Land property located at Molly's way, Monticello, NY 12701 for sales - image #1
$149,900
Neversink river waterfront
Gone fishing.

Molly's way Monticello, NY 12701

Pictures of Land property located at TBD Glen Wild Rd, Glen Wild, NY 12738 for sales - image #1
$80,000
TBD Glen Wild Rd
Land • 8 acres

TBD Glen Wild Rd Glen Wild, NY 12738

Pictures of Land property located at NYS Rt 17 and Old Rt 17, Harris, NY 12742 for sales - image #1
$614,900
NYS Rt 17 and Old Rt 17
Land • 21.92 acres

NYS Rt 17 and Old Rt 17 Harris, NY 12742

Pictures of Industrial, Land, Office property located at 1132 Old Route 17, Harris, NY 12742 for sales - image #1
virtual tour
$499,900
Prime Commercial/Industrial Opportunity Future I-86 Corridor
Commercial/Industrial property offering exceptional exposure and flexible development options.

1132 Old Route 17 Harris, NY 12742

Pictures of Industrial, Land property located at 401-465 Twin Bridge rd, Ferndale, NY 12734 for sales - image #1
$1,700,000
401-465 Twin Bridge rd
Industrial • 6,800 SF

401-465 Twin Bridge rd Ferndale, NY 12734

Pictures of Land property located at Briggs highway, Ellenville, NY 12428 for sales - image #1
$649,999
104 Acres on Briggs Highway Ext, Ellenville NY
Land • 4,530,240

Briggs highway Ellenville, NY 12428

Pictures of Land property located at 19 Foss Rd, Monticello, NY 12701 for sales - image #1
$215,000
Rural land in HWY commercial with residence
Located just off I 87

19 Foss Rd Monticello, NY 12701

See more properties for sale in Fallsburg
See More
See More Similar Properties
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .