Property summary
This exceptional 17.28-acre parcel presents a remarkable opportunity for residential development in Monticello, New York. Located on Liberty Street, this fee-simple property is zoned RM and boasts municipal water and sewer access, eliminating significant infrastructure hurdles. Its strategic location offers convenient access to major roadways, specifically between highway exits 104 and 105A, ensuring easy commutes for future residents. The property's proximity to the town center provides walkability to local amenities and services. A preliminary layout suggests the potential for approximately 60 residential units, adaptable to various housing models including condos, rentals, or assisted living facilities. While nearly 5 acres are designated for development, the remaining acreage encompasses roads, woodland, and parkland, enhancing the overall appeal and livability of the project. The site's proximity to popular attractions such as Resorts World Catskills, Kartrite Water Park, The Monticello Motor Club, and Bethel Woods Center for the Arts adds significant value and appeal to potential residents. Further land acquisition opportunities exist for those seeking to expand the project scope. This is an exceptional investment opportunity for developers seeking to capitalize on the growing demand for housing in this vibrant Sullivan County location. The asking price is $895,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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