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Approved Senior Apartment Development Site

2272 Route 9 Malta, NY 12118

2272 Route 9, Malta, NY, 12118

$1,936,000

For Sale

Under Contract

$1,936,000

COMMERCIAL - Other - Malta, NY

Lot Size6.44 Acres

Days on Market308

Property Features for 2272 Route 9

General Information

Property type: Commercial Sale
Property subtype: Other
Property condition: Under Construction
Zoning: Multi Residence
Parking: 96
Parking features: Garage, Off Street
Standard status: Active Under Contract
APN: 414089 240.-2-28.1
Lot size: 6.44 Acres

Taxes and HOA fees

Tax Annual Amount: 5241

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas
Water source: Public

Building Details

Architectural style: Other

Listing Agency KW Platform

935 New Loudon Rd, Latham, NY

Listed by Patrick Dunn · License #10401288889

Added: Sep 13, 2025 Checked: Jul 17 at 6:06 pm

MLS# 202525912

Investment Insights

Based on property information with market context.

This is a fully approved 88-unit senior apartment development site, ready to build with all permits in place. Located on Route 9 in Malta, New York, the 6.44-acre site offers high visibility and traffic counts, with immediate access to a major corridor. It is situated minutes from I-87 Exit 12 and approximately 15 minutes from Saratoga Springs. The project includes complete site plans, engineering, and architectural drawings. Some site work has already been completed. The zoning is Multi Residence. The site is positioned to meet the strong regional demand for senior housing.

Key Highlights

Fully approved 88‑unit senior apartment development - shovel ready with all permits in place for immediate development.
Prime Route 9 location in Malta with excellent visibility and high traffic counts.
Strong regional demand for senior housing, strategically positioned for success.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

What type of property is this?

Senior housing / Retirement Home - Shovel-ready 88-unit senior housing development site in Malta, NY.

Where is this senior housing / retirement home located?

The property is located at 2272 Route 9 Malta, NY.

What is the asking price?

The asking price for this property is $1,936,000.

What are key features of this property?

This property features: Fully approved 88‑unit senior apartment development - **shovel ready with all permits in place for immediate development.**; **Prime Route 9 location in Malta with excellent visibility and high traffic counts.**; Strong regional demand for senior housing, strategically positioned for success.