See all 31 photos

$6,999,900

Est. payment - /mo

Save Virtual Tour

15.12 Acres Lot

Active

530 W Broadway Monticello, NY 12701

Save Virtual Tour

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Christine DeHart

christine@salmonrealestate.com +1(718) 273-1200

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Monticello Crescent Luxury To

MLS Listing ID H6307280

HOA Y/N No

Rental Info No

Year Built 2023

Lot Size 15.120 Acres

Acres 15.12

Property Sub-Type Multi Family

Source onekey2

Property Description

UNIQUE OPPORTUNITY IN PRIME LOCATION! Offered for the very first time - one of the Hudson Valley's largest fully approved, shovel-ready projects! This 187-unit townhome complex has 8 units completed, leased and generating income, with 179 ready to build. This project is currently designed and being marketed as a high-end/luxury market rate rental project and can be converted to individually owned townhomes if desired. The current unit layouts offer 3 levels of living, with garages and a metro design concept with functional flow, utility and natural light. Most of the infrastructure is already in place, from drainage ponds to underground utilities. Road cuts and clearing complete; building permits can be pulled immediately. A lucrative opportunity to provide much needed housing relief in a rapidly growing region. Located just off Highway 17/86 and just minutes to Bethel Woods, Resorts World, and a renaissance in downtown Monticello. Scenic views of the Catskills abound. Get in at ground level! Don't wait!

Location

State NY

County Sullivan County

Interior

Heating Electric, Forced Air

Cooling Central Air

Fireplace No

Appliance Electric Water Heater

Exterior

Parking Features Common, Garage, Parking Lot, Private

Building

Lot Description Level, Part Wooded

Sewer Public Sewer

Water Public

Schools

High Schools Monticello

School District Monticello

Others

Special Listing Condition None

Virtual Tour https://tours.hometourvision.com/x1467757

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by Keller Williams Realty • Melinda White

NEARBY SCHOOL & BUSINESS

Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.

If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(718) 273-1200

christine@salmonrealestate.com

1855 Victory Blvd, Island, NY, 10314, United States