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333 Glen St
Glens Falls, NY 12801
Carve Out Development Lot · Land For Sale
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1.00 AC
Investment Highlights
- Proposed ±1.0-acre development parcel, to be subdivided from the existing 333 Glen Street parent tract
- Prime Downtown Glens Falls location, adjacent to City Park and Crandall Library.
- Engineered for a five-story multifamily or condominium development with 70 units
- Rare urban infill development opportunity with significant parking capacity
Executive Summary
The site benefits from existing utility infrastructure, including public water, sewer, natural gas, and electric service available at the property. In addition, the offering includes approximately 70 parking spaces within the adjacent structured parking facility and 30 dedicated surface parking spaces, providing an exceptional parking ratio rarely available in downtown development projects. Located steps from City Park, Crandall Library, restaurants, entertainment venues, and the central business district, the property offers developers the opportunity to capitalize on growing demand for walkable urban housing in the Glens Falls market.
Property Facts
1 Lot Available
Lot
| Price | $1,400,000 | Lot Size | 1.00 AC |
| Price Per AC | $1,400,000.00 |
| Price | $1,400,000 |
| Price Per AC | $1,400,000.00 |
| Lot Size | 1.00 AC |
Approximately 1.0-acre development parcel to be subdivided from the existing parcel no: 520500-302-020-0023-004-000-0000, in the heart of Downtown Glens Falls. The property is engineered to accommodate a five-story multifamily/condominium development
Description
The proposed development parcel occupies a highly visible position within Downtown Glens Falls. Upon subdivision from the parent parcel, the site will encompass approximately one acre and offer development-ready conditions for a high-density multifamily project. The property is situated adjacent to Monument Square and surrounded by professional offices, restaurants, retail businesses, cultural attractions, and public amenities. The site has been engineered to support a five-story residential building containing approximately 70 apartment or condominium units. The property's location provides walkable access to Crandall Library, City Park, The Wood Theater, Cool Insuring Arena, the Glens Falls Farmers Market, and numerous downtown employers and entertainment destinations. Combined with available utility infrastructure and extensive parking allocations, the property presents a rare opportunity to deliver a large-scale residential project within the urban core of Glens Falls.
Property Taxes
| Parcel Number | 520500-302-020-0023-004-000-0000 | Improvements Assessment | $6,042,300 |
| Land Assessment | $257,700 | Total Assessment | $6,300,000 |
