Excellent opportunity to develop 1.05 acres of vacant commercial land located in Lach Sheldrake, Fallsburg. The property is equipped with municipal water and sewer, making it development-ready and cost-efficient.
This parcel is situated in an area experiencing significant new residential housing growth, creating strong demand for nearby commercial services. With public parking available on the adjacent parcel, the site is well-positioned for customer accessibility and high visibility.
Zoning allows for a wide range of commercial uses, including:
• Retail stores
• Restaurants
• Auto sales
• Professional offices
• Retail shopping centers
• House of worship
Given the surge of new housing developments in the immediate area, this property presents an outstanding opportunity for a retail or mixed commercial venture that will serve a growing community. An ideal addition to the area’s expanding commercial landscape.
Note public records show the old buildings. They have been removed.
1122 State Route 52, Loch Sheldrake, NY, 12759
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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