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Tbd Silver Lake Scotchtown Road, Middletown, NY 10940

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For Sale

$525,000

3.8 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 3.8 acres
    Lot size

Explore this Property

Attention Builders and Developers: Presenting a rare, fully-approved 3-lot subdivision on Silverlake Scotchtown Road in the desirable Town of Wallkill, ready for the construction of three new two-family homes. Each lot is designed to accomodate a 32x80 structure which is large enough for each unit to include 3 bedrooms, 2 baths and a 1 car garage. Seller does not have architectural plans so builder/developer can decide exactly what they want to build. This is a shovel-ready project as all major hurdles have been cleared: the plans for the Patel Multi-Family Realty Subdivision have been granted Planning Board approval and the map is officially filed, eliminating months of risk and carrying costs. The infrastructure is approved for connection to Municipal Water, Municipal Sewer, and Natural Gas (O&R). The location offers superior convenience, situated just off Route 211 with excellent proximity to major highways like I-84 and Route 17/I-86, and only minutes from the Metro North train, making the final units highly marketable. The approved zoning allows the buyer significant flexibility to provide their own architectural drawings to the Town, enabling them to tailor the unit sizes and finishes to the current market. A previous design concept centered around high-yield duplexes featuring spacious 3-bedroom, 2-bathroom units with a 1-car garage. This offering includes Lot 3 (+/- 0.432 acres), Lot 4 (+/- 0.867 acres), and Lot 5 (+/- 2.5 acres). For streamlined long-term management, a common/shared driveway and a common use and maintenance agreement are already prepared and in place. This is a premium opportunity for a developer looking to maximize their construction timeline and profitability with a de-risked site. Contact the listing agent today to receive all filed site plans and engineering reports (See Documents for the Filed Map)
MLS# 928228

Courtesy Of Keller Williams Hudson Valley Realty & United

(845) 610-6065

Property Features

  • Architecture Style
    Other
  • Lot Size
    3.8 Acres

Map and Directions

Directions to Tbd Silver Lake Scotchtown Road, Middletown, NY 10940

Home seller CENTURY 21 Full Service Realty

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CENTURY 21 Full Service Realty

(845) 639-1234
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.