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Multi Family 5+ in Sullivan County
MLS NumberH6307280
Address530 W Broadway, Monticello, NY 12701 show map
Price$6,999,900 show mortgage calculator
Acres0
Year Built2023
Est. Sq. Footage0
Elementary School
Jr High-Middle School
High School
Estimated Taxes$0
Total Apt Units187
Remarks

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!

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This listing is Courtesy of Keller Williams Realty (845-928-8000).

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