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Lot/land
  • Price cut: $161K (7/26)
    $589,000

    56 Lake Street, Fallsburg, NY 12779

    --beds
    --baths
    0.31Acres
    Land
    Built in ----
    0.31 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime Development Opportunity in South Fallsburg! Exceptional opportunity to build a 7,500 sq ft medical or professional building in a highly visible, central location just off Main Street in the heart of South Fallsburg. This shovel-ready property is ideally suited for an urgent care, medical office, or healthcare facility, offering excellent accessibility and convenience. Situated in a prime, walkable area near Town Hall, Post Office, Library, and local banking institutions, the location benefits from strong community presence and steady traffic. The property currently includes an existing two-family home, providing additional flexibility for income or future site use. With approvals in place and minimal lead time to break ground, construction can begin immediately—allowing for occupancy as early as this summer. Potential IDA incentives may be available, adding further value for investors or end users. A rare opportunity to establish your presence in a growing, high-demand area with excellent long-term potential.
    27 days
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    142
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    eRealty Advisors, Inc 914-712-6330,

    Yisroel Katz 845-665-4466

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1030813MLS Logo

      Facts & features

      Property

      Lot
      • Size: 0.31 Acres
      Details
      • Parcel number: 288905200006010001
      • Zoning: B2
      • Special conditions: None

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available

      Community & HOA

      Location
      • Region: South Fallsburg

      Financial & listing details

      • Tax assessed value: $57,600
      • Annual tax amount: $5,046
      • Date on market: 7/26/2026
      • Cumulative days on market: 28 days
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/26/2026Price change$589,000-21.5%
        Source: OneKey® MLS as distributed by MLS GRID #1030813 Report a problem
        4/15/2026Listed for sale$750,000+757.1%
        Source: OneKey® MLS as distributed by MLS GRID #985789 Report a problem
        3/28/2007Sold$87,500+600%
        Source: Public Record Report a problem
        11/24/2006Sold$12,500-19.4%
        Source: Public Record Report a problem
        5/26/1999Sold$15,500+3000%
        Source: Public Record Report a problem
        8/28/1998Sold$500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $57,600
        2024-- $57,600
        2023-- $57,600
        2022-- $57,600
        2021-- $57,600
        2020-- $57,600
        2019-- $57,600
        2018-- $57,600 -11.7%
        2017$5,599 $65,200
        2016-- $65,200
        2015-- $65,200
        2014-- $65,200
        2013-- $65,200
        2012-- $65,200
        2011-- $65,200
        2010-- $65,200
        2009-- $65,200
        2008-- $65,200
        2007-- $65,200
        2006-- $65,200
        2005-- $65,200
        2004-- $65,200
        2003-- $65,200
        2002-- $65,200
        2001-- $65,200
        2000-- $65,200
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 12779

        Getting around

        42 / 100
        Car-Dependent
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Benjamin Cosor Elementary School
        • Middle: Fallsburg Junior-Senior High School
        • High: Fallsburg Junior-Senior High School

        Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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