Approved Townhome Project in
For Sale
$6,999,900
530 W Broadway, Monticello, NY 12701
187-unit townhome complex with 8 units completed and leased.
Property Size12,768 SF
Lot Size15.12 Acres
Days on Market152
Property Features for 530 W Broadway
General Information
Standard status
Active
Size
12,768 SF
Lot size
15.12 Acres
Property subtype
Commercial
Building Details
Building Size
12,768 SF
Year Built
2023
Stories
2
Units
187
Listing Agency:
Keller Williams Realty
(845) 313-6380
Listed By:
Melinda White · License #10491200206
(845) 313-6380
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Jul 16 at 11:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
This is a unique opportunity to acquire one of the Hudson Valley’s largest fully approved, shovel-ready projects. The property features a 187-unit townhome complex, with 8 units already completed, leased, and generating income. An additional 179 units are ready to build. Currently designed and marketed as a high-end luxury market rate rental project, the complex can be converted to individually owned townhomes. The unit layouts offer three levels of living, with garages and a metro design concept emphasizing functional flow, utility, and natural light. Much of the infrastructure is already in place, including drainage ponds and underground utilities. Road cuts and clearing are complete, and building permits can be pulled immediately. The property is located just off Highway 17/86 and minutes from Bethel Woods, Resorts World, and downtown Monticello, offering scenic views of the Catskills. This project presents a lucrative opportunity to provide much-needed housing in a rapidly growing region.
Key Highlights
- Fully approved and shovel‑ready 187‑unit townhome complex, offering immediate building potential.
- Eight completed and leased units already generating income.
- Prime location near Highway 17/86, Bethel Woods, Resorts World, and downtown Monticello.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Explore this area
Business Placement
Demographics for 12701, NY
12,360
Population
7,188
Households
1.7
Avg Household Size
38
Median Age
23%
College-Educated
78%
High-School Grad
61.0 sq mi
ZIP Area
203
Density / Sq Mi
$56,601
Median Household Income
$35,918
Median Earnings
$989
Median Rent
$178,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 187-unit townhome complex with 8 units completed and leased.
Where is this residential land & home lot located?
The property is located at 530 W Broadway Monticello, NY.
What is the asking price?
The asking price for this property is $6,999,900.
What are key features of this property?
This property features: Fully approved and shovel‑ready 187‑unit townhome complex, offering immediate building potential.; Eight completed and leased units already generating income.; Prime location near Highway 17/86, Bethel Woods, Resorts World, and downtown Monticello.
