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1 Alice Ave Watervliet, NY 12189

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For Sale
$6,500,000

Approved PDD for 230 units in Colonie, NY.

Source: Pyramidbrokerage

Listing Agent: Pyramid Brokerage Albany

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Approved Multifamily Development Opportunity

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Land

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Watervliet
County
Albany
State
New York
Longitude
-73.717705
Latitude
42.740518

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 Ave 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.
More about this property
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