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530 W Broadway Monticello, NY 12701
$6,999,900
  • Commercial
  • Year Built 2023
  • Multi Family
  • ML# H6307280

Property Details

Overview

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!

Key Facts

  • Lot Size: 15.12
  • Sale or Rent: Sale
  • Development: Monticello Crescent Luxury To
  • School District: Monticello
  • Zoning: RM

Additional Features

  • Construction Materials: Modular
  • Parking Spaces: Yes
  • Parking Facilities: Common, Garage, Parking Lot, Private

Interior & Utilities

  • Heat: Electric, Forced Air
  • A/C: Central Air
  • Water: Public
  • Sewer: Public Sewer
Listing Information provided courtesy of Keller Williams Realty  (845) 313-6380
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