242 Prospect Road
Blooming Grove, NY 10950
Beds
3
Baths
2
Square Ft.
1,678
$999,000
**A Rare Development & Investment Opportunity**
This is far more than three homes—it's a unique opportunity to acquire **three adjoining properties totaling over 3 acres** in one of the area's fastest-growing locations:
**234 Prospect Road • 236 Prospect Road • 242 Prospect Road**
Being sold together, these three properties create a rare opportunity… Read More for **larger land, greater development potential, and multiple income possibilities.**
The true value lies in the potential to **combine the parcels and pursue a potential multi-lot subdivision**, with the possibility of constructing multiple homes (subject to all municipal approvals).
Strategically positioned **right at the boundaries of major new residential construction and rapidly expanding communities**, this property sits directly in the path of growth while remaining conveniently close to major shopping and surrounding areas.
While pursuing future development, the **three existing homes provide immediate income-producing opportunities**, including long-term rentals, large-group or short-term rentals, or personal use while preserving the property's future potential.
Whether you're a **developer, investor, or visionary buyer**, this is an exceptionally rare opportunity to acquire multiple adjoining properties with **existing income, substantial land, and significant long-term upside.**
surrounding new construction, and remarkable potential of this one-of-a-kind opportunity.** Read Less
Listing Courtesy of eRealty Advisors, Inc.
Listing Snapshot
Days Online
40
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Partial Baths
1
Square Ft.
1,678
Lot Size
1 Acres
Year Built
1980
Property Tax
$12,873
MLS Number
1035856
Additional Details
Basement
Walk-Out Access
Building
Built in 1980, Living area: 1678, Construction Materials: Frame
Cooling
Wall/Window Unit(s)
Garage
2 spaces
Heating
Baseboard, Oil
Lot
1 acre
Parking
Driveway
Pool
In Ground
Sewer
Septic Tank
Taxes
Parcel Number: 332003-203-000-0001-008.000-0000, Annual Amount: $12,873.4, Assessed Value: $46,600, Year: 2025
Utilities
Electricity Connected, Phone Available, Trash Collection Public, Water Source: Well
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Frank Muccari
Real Estate Agent

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