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$ 6,900,000
Est. payment | /mo
13.42 Acres Lot
$ 6,900,000
Est. payment | /mo
13.42 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1070494
Rental Info No
Annual Tax Amount $10,609
Lot Size 13.420 Acres
Acres 13.42
Source onekey2
Property Description
McGrath Realty is pleased to present the opportunity to acquire a fully approved 188-unit multifamily development site located on Nelson Avenue and Channingville Road in the Village of Wappingers Falls, New York. The ±13.42-acre property is approved for 176 apartments and 12 townhomes, totaling approximately 219,591 SF across six residential buildings, together with a centrally located clubhouse, resident amenities, surface parking and landscaped open space.
The offering includes the approved site and development plans, architectural floor plans, elevations and renderings. Final construction documents, including MEP plans, remain to be completed by the purchaser. SEQR has been completed, municipal water is contemplated as part of the approved development, and final sewer service confirmation is pending issuance of a will-serve letter from the Village.
The property is strategically positioned in southern Dutchess County near Route 9, Route 9D and I-84, with the New Hamburg Metro-North station approximately three miles from the site and Beacon, Fishkill and Poughkeepsie all within approximately eight miles. With major entitlement work completed and a defined 188-unit development program in place, the property offers a compelling opportunity to advance a large-scale multifamily project in a growing Hudson Valley market.
The offering includes the approved site and development plans, architectural floor plans, elevations and renderings. Final construction documents, including MEP plans, remain to be completed by the purchaser. SEQR has been completed, municipal water is contemplated as part of the approved development, and final sewer service confirmation is pending issuance of a will-serve letter from the Village.
The property is strategically positioned in southern Dutchess County near Route 9, Route 9D and I-84, with the New Hamburg Metro-North station approximately three miles from the site and Beacon, Fishkill and Poughkeepsie all within approximately eight miles. With major entitlement work completed and a defined 188-unit development program in place, the property offers a compelling opportunity to advance a large-scale multifamily project in a growing Hudson Valley market.
Location
State NY
County Dutchess County
Interior
Fireplace No
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Myers Corners
Middle Schools Wappingers Junior High School
High Schools Wappingers
School District Wappingers
Others
Senior Community No
Special Listing Condition None
Listed by McGrath Realty Inc • Ryan LaLuna
Nearby Locations
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