1 Alice Avenue, Watervliet, NY

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Listing date Sep 25, 2025

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Overview

This property features a fully approved Planned Development District (PDD) for sale in the Town of Colonie. Phase one is approved for 140 units of active adult multifamily housing, designed as a 3-story building with full walkout ground floor access. Phase two is approved for 90 units of assisted living, but could be converted to active adult multifamily. The location in the Town of Colonie offers views of Rensselaer County and provides easy access to various amenities.

Suggested Use

Dental Office Law Firm Spa & Massage Center Real Estate Agency HVAC Service Electrical Service Parking Lot & Garage Nail Salon (Bike/Boat/Book/etc) Store Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Watervliet

County

Albany

State

New York

Longitude

-73.7177

Latitude

42.7405

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FAQs

What type of property is this?

Land - Approved PDD for 230 units in Colonie, NY.

Where is this land located?

The property is located at 1 Alice Avenue Watervliet, NY.

What is the asking price?

The asking price for this property is $6,500,000.

What are key features of this property?

This property features: Fully approved for **230 units**, offering immediate development potential.; Phase one approved for **140 active adult multifamily units** with walkout ground floor access.; Prime Town of Colonie location.