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2080 New Scotland rd 18.44 Acres of Commercial Land Offered at $699,000 in Slingerlands, NY 12159

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INVESTMENT HIGHLIGHTS

A rare opportunity for developers to build in a desirable, fast-growing community with demand for new housing.
Located in the Voorheesville Central School District

Conditionally approved site plan for 45 condominiums

EXECUTIVE SUMMARY

Approved site plan for a 45 unit multifamily development in the HD-E (Hamlet District Extension) zone. Located in the Town of New Scotland - Voorheesville Central School District with municipal water and strong proximity to key amenities: just minutes to local schools, Helderberg Rail Trail, Colonie Golf & Country Club, Crossgates Mall, UAlbany, and Albany International Airport. Site plan approved under Article XVI, Section 190-112. A rare opportunity for developers to build in a desirable, fast-growing community with demand for new housing. DEC grandfathered. Seller open to financing, let’s discuss the possibilities.

2080 New Scotland Ave Fact Sheet Rev 3

PROPERTY FACTS

Price	$699,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Industrial Multifamily Apartment Units Apartment Units - Condo Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized Contractor Storage Yard Hold For Development Hold For Investment Industrial Park Planned Unit Development Power Center Single Family Development Warehouse Water Treatment Facility Pasture Ranch Single Family Residence
No. Lots	1	Total Lot Size	18.44 AC
Property Type	Land
Zoning	HD-E - Site plan approval under Article XVI, Section 190-112 Zoned HD-E (Hamlet District Extension)

Price	$699,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Multifamily Apartment Units Apartment Units - Condo Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized Contractor Storage Yard Hold For Development Hold For Investment Industrial Park Planned Unit Development Power Center Single Family Development Warehouse Water Treatment Facility Pasture Ranch Single Family Residence
Total Lot Size	18.44 AC
Zoning	HD-E - Site plan approval under Article XVI, Section 190-112 Zoned HD-E (Hamlet District Extension)

1 LOT AVAILABLE

Lot

Price	$699,000	Lot Size	18.44 AC
Price Per AC	$37,906.72

Price	$699,000
Price Per AC	$37,906.72
Lot Size	18.44 AC

Approved site plan for a 45 unit multifamily development in the HD-E (Hamlet District Extension) zone. Located in the Town of New Scotland - Voorheesville Central School District.

DESCRIPTION

Conditionally approved site plan for 45 condominiums in the HD-E (Hamlet District Extension) zone. Ready for development. Located in the Voorheesville Central School District with municipal water and strong proximity to key amenities: just minutes to local schools, Helderberg Rail Trail, Colonie Golf & Country Club, Crossgates Mall, UAlbany, and Albany International Airport. Site plan approved under Article XVI, Section 190-112. A rare opportunity for developers to build in a desirable, fast-growing community with demand for new housing. DEC grandfathered. Seller open to financing, let’s discuss the possibilities.