Approved Multifamily Development
For Sale
$6,500,000
1 Alice Avenue, Watervliet, NY
Approved PDD for 230 units in Colonie, NY.
Property Size29 SF
Days on Market326
Property Features for 1 Alice Avenue
General Information
Standard status
Active
Size
29 SF
Property subtype
Land
Building Details
Building Size
29 SF
Listing Agency:
Pyramidbrokerage
(518) 489-9199
Listed By:
Pyramid Brokerage Albany
(518) 489-9199
Source:
Pyramidbrokerage
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 16 at 3:43AM
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 Pyramidbrokerage
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Explore this area
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Questions? Ask Rey
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Frequently Asked Questions
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.
