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$ 2,950,000
Est. payment | /mo
6.8 Acres Lot
$ 2,950,000
Est. payment | /mo
6.8 Acres Lot
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYH6305126
HOA Y/N No
Originating Board onekey2
Rental Info No
Annual Tax Amount $25,000
Lot Size 6.800 Acres
Acres 6.8
Property Sub-Type Unimproved Land
Property Description
Property is +/- 6.78 Acres/ 294,553 SF; Located along the easterly side of Windsor Highway between Union Avenue and Devitt Circle in the Town of Windsor. It is zoned wholly within the High Commercial District (“HC”). Previously approved to be developed into a 4-Story 117,365 SF Assisted Senior Living Facility that will operate 79 private pay assisted living beds in 63 units, 24 assisted living program (A:P) beds in 12 units and 85 memory care beds in 57 units on secure wings. Current conditional approvals are in place through February 2025 with extensions very possible for a 132-unit, 188-licensed-bed assisted living facility. It is also possible to convert 24 or 48 units from memory care beds to assisted living. Senior Housing Development possible, on same footprint, with additional approvals needed. ID: 334800.009.025; Lot: 15; Block: 1; Taxes: +/-$25,000; Owners are open to holding significant paper for a qualified buyer with the ability to move process forward in a timely manner. This development property has the potential for senior housing approval as well as the potential for a market-rated development.
Location
State NY
County Orange County
Interior
Heating Other, None
Cooling None
Fireplace No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Schools
School District Newburgh
Others
Special Listing Condition None
Listed by Coldwell Banker Realty