Monticello NY, 12701
$6,999,900
Multi Family
Commercial
Details
ML#: H6307280
- # of Families: 187
- Sale or Rent:Sale
- Year Built: 2023
- Status:Active
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!
More Property Details
Lot Size: 15.12
Parking Spaces: Yes
Parking Facilities: Common, Garage, Parking Lot, Private
Heat: Electric, Forced Air
A/C: Central Air
Water: Public
Sewer: Public Sewer
School District: Monticello