Approved Townhome Project For
Henri Pl Monticello, NY 12701
Henri Pl, Monticello, NY, 12701
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For Sale
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187-unit townhome complex with 8 units completed and generating income.
Property Size1,090 SF
Price / SF$6,421
Days on Market781
Property Features for Henri Pl
General Information
- Standard status
- Active
- Size
- 1,090 SF
- Property subtype
- Multifamily
Listing Agency
KW Commercial - First in New York
(845) 494-3749
Listed by
Chris Scibelli · License #NY 10491200206
Source
Crexi
Added: May 28, 2024 Checked: Jul 15 at 6:55 pm
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 KW Commercial - First in New York
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. The project is designed and marketed as a high-end luxury market rate rental project but can be converted to individually owned townhomes. The current unit layouts offer 3 levels of living, with garages and a metro design concept emphasizing functional flow, utility, and natural light. Most 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. This project is located just off Highway 17/86 and minutes from Bethel Woods, Resorts World, and downtown Monticello. The location offers scenic views of the Catskills. The property size is 1090 square feet. This project presents an opportunity to provide housing in a rapidly growing region.
Key Highlights
- Shovel‑ready 187‑unit townhome complex with full approvals and infrastructure in place, allowing for immediate building permit acquisition.
- Eight completed and leased units are already generating income.
- Prime location near Highway 17/86, Bethel Woods, Resorts World, and downtown Monticello.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - 187-unit townhome complex with 8 units completed and generating income.
Where is this apartment building located?
The property is located at Henri Pl Monticello, NY.
What is the asking price?
The asking price for this property is $6,999,000.
What are key features of this property?
This property features: Shovel‑ready 187‑unit townhome complex with full approvals and infrastructure in place, allowing for immediate building permit acquisition.; Eight completed and leased units are already generating income.; Prime location near Highway 17/86, Bethel Woods, Resorts World, and downtown Monticello.
