236 Prospect RoadMonroe, NY 10950

Description

Rare Development & Investment Opportunity A truly one-of-a-kind opportunity to acquire three adjoining properties together: 234 Prospect Road 236 Prospect Road 242 Prospect Road Together, these properties offer over 3 acres in one of the area's fastest-growing locations. The true value lies in the opportunity to combine all three parcels and pursue a potential 14 side-by-side homes, with the potential to create a 35-home development (subject to all required approvals). Opportunities of this size, location, and flexibility rarely become available. Ideally situated between rapidly expanding residential communities and major shopping destinations, this property offers exceptional long-term growth potential. While planning for future development, the existing three homes provide immediate income in virtually any way you choose—continue with the current tenants, lease to long-term tenants, accommodate large groups for weekend or seasonal rentals, create a private compound, or customize the properties to fit your own investment strategy. Whether you're a developer, investor, or end user, the possibilities are truly endless. See the attached development concept, subdivision plans, and location maps to fully appreciate this exceptional opportunity.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Split Level

Year built

1979

Living area

1,987 Sq Ft

Lot size

0.93 acres

Garage spaces

2

Days on market

33

MLS^® Listing#

1062057

Property Features

Interior

Other

Appliances

Other

Cooling

Wall/Window Unit(s)

Heating

Baseboard · Other

Basement

Walk-Out Access

Parking

Driveway

Construction

Frame

Utilities

Cable Connected

Sewer

Septic Tank

Water source

Private · Well

Schools

Elementary

Round Hill Elementary School

Middle

Washingtonville Middle School

High

Washingtonville Senior High School

Financial Details

Annual taxes

$13,380

Assessed value

$48,300

Parcel number

332003-203-000-0001-009.000-0000