Townhome Development
58 Old Amity Rd Bethany, CT 06524
For Sale
Contact for pricing
R-130 zoned bank-owned property with 22 completed townhomes and multiple approvals for additional homes and units.
Days on Market82
Property Features for 58 Old Amity Rd
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 2018
Listing Agency:
Scalzo Commercial & New Development
(203) 790-7077
Listed By:
Paul Scalzo Sr. · License #CTNY
Source:
Crexi
Added: May 4
Changed: Jul 23
Last Checked: Jul 23 at 3:38PM
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 Scalzo Commercial & New Development
Investment Insights
Based on property information with market context.
Bank-owned property at 58 Old Amity Rd in Bethany, CT, zoned R-130 and presented with an established townhome development component. The site includes 22 completed townhomes, with approvals in place for three additional homes.
The development further contemplates additional build-out connected to an approved clubhouse site, including the potential to develop three more homes on that clubhouse area. In addition, the property holds approvals for eight more units.
With the approvals already secured and infrastructure noted as in place in the remarks, the property is positioned as a flexible residential income and development asset. The existing configuration supports operation as a multifamily rental community, with the alternative described in the materials of converting to a condominium complex with an established association.
The development further contemplates additional build-out connected to an approved clubhouse site, including the potential to develop three more homes on that clubhouse area. In addition, the property holds approvals for eight more units.
With the approvals already secured and infrastructure noted as in place in the remarks, the property is positioned as a flexible residential income and development asset. The existing configuration supports operation as a multifamily rental community, with the alternative described in the materials of converting to a condominium complex with an established association.
Key Highlights
- Bank‑owned property in Bethany, CT with R‑130 zoning.
- 22 completed townhomes included in the property.
- Approvals in place for three additional homes.
Property Analytics
Location Intelligence
Current Use by Public Records
Rocky Corner cohousing
Housing Cooperative
FAQs
What type of property is this?
Apartment building - R-130 zoned bank-owned property with 22 completed townhomes and multiple approvals for additional homes and units.
Where is this apartment building located?
The property is located at 58 Old Amity Rd Bethany, CT.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Bank‑owned property in Bethany, CT with R‑130 zoning.; 22 completed townhomes included in the property.; Approvals in place for three additional homes.
