$589,000
( $78.53Per Sq Foot )
 $3,162 est/mo Sourced by Back At You

56 Lake Street,Fallsburg, NY 12779

Fallsburg, NY 12779

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Description

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 immediatelyallowing 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.

Details

MLS #1030816
Listing TypeFor Sale
StyleOffice
Sub-TypeResale
StatusActive
Year1940
Days On Site55
Listing Provided ByeRealty Advisors, Inc | Yisroel Katz

Features

SQ Feet7,500
ZoningB2
Acreage0.31

Interior

CoolingCentral Air
HeatingBaseboard

Exterior

Construction MaterialsAdvanced Framing Technique

Utilities

UtilitiesElectricity Available
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value57600
Tax Annual Amount5046.05

Area Information

StateNY
CountySullivan County
CityFallsburg
Zip Code12779
Listing VS Median (in 12779)
Price:
$589,000
low | high
Med:
$549,000
56.79117147708% of Average
sqft:
7,500
low | high
Med:
2,092
100% of Average
$ / sqft:
$79
low | high
Med:
$262
100% of Average
On site:
55
low | high
Med:
36
100% of Average
Sourced by Back At You

Market Activity 12779

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Learn More About This Property

StateNY
CountySullivan County
CityFallsburg
Zip Code12779
Listing VS Median (in 12779)
Price:
$589,000
low | high
Med:
$549,000
56.79117147708% of Average
sqft:
7,500
low | high
Med:
2,092
100% of Average
$ / sqft:
$79
low | high
Med:
$262
100% of Average
On site:
55
low | high
Med:
36
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $441K - $736K
sqft: 5,500 - 9,000
Nearby Listings Property ImageNearby Listings Details
5197 Main Street Property Photo 1
$940,000
5197 Main Street
South Fallsburg, NY 12779
Listing Updated: July 27, 2026 at 2:26:06 AM PDT