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U.S. 9W - 27 Residential Units 2.25 Acres of Residential Land Offered at $1,750,000 in Fort Montgomery, NY 10922



Executive Summary
Property Facts
| Price | $1,750,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 2.25 AC |
| Property Type | Land | ||
| Zoning | R-5 - R-5 Residential Apartments | ||
| Price | $1,750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 2.25 AC |
| Zoning | R-5 - R-5 Residential Apartments |
1 Lot Available
Lot 11-1-1.1
| Price | $1,750,000 | Lot Size | 2.25 AC |
| Price Per AC | $777,777.78 |
| Price | $1,750,000 |
| Price Per AC | $777,777.78 |
| Lot Size | 2.25 AC |
The site plan has been conditionally approved for a development of 27 residential units, intended as rental properties but can be converted to individual units for sale. Acres: +/- 2.257; Lot Size: +/- 98,293 SF; Building Size: +/- 29,000
Description
Rt. 9W, Fort Montgomery, NY 10922 (Orange County) Zone: R-5 Apartment Residence Property size 2.257 acres (98,293.70 sq.ft.), consisting of 2 lots 11-1-1.1 and 11-1-1.2 The property is located 1 mile from the Bear Mountain Bridge, and Palisades Parkway. 40 min. to George Washing Bridge 15 min. to Woodbury Common Outlets 5 min. to West Point Military Academy The proposed plans are for 27 units, approximately 28,000+ sq.ft. 26 units – one floor, 2-bedroom, 1 bath, approx.1,000 sq.ft. Each unit has a garage, storage in the basement and 2 additional parking spaces. 1 end unit -2 levels, 3 beds, 2 ½ baths, approx. 2,000 sf. 2-car garage, storage in the basement and 4 parking spaces.
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U.S. 9W - 27 Residential Units
