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23 South Street st - Maringoman 152.7 Acres of Commercial Land Offered at $8,992,035 CAD in Washingtonville, NY 10992



INVESTMENT HIGHLIGHTS
- Largest Vacant Land Parcel in Village
- Solar income
- Municipal Services
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $8,992,035 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| Sale Condition | Redevelopment Project | Total Lot Size | 152.70 AC |
| No. Lots | 1 | Cross Streets | State Route 208 |
| Property Type | Land | ||
| Zoning | Res 1 - 40,000 sf single family residential as of right but in moratorium. Plans were for large planned adult community. | ||
| Price | $8,992,035 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 152.70 AC |
| Cross Streets | State Route 208 |
| Zoning | Res 1 - 40,000 sf single family residential as of right but in moratorium. Plans were for large planned adult community. |
1 LOT AVAILABLE
Lot 2
| Price | $8,992,035 CAD | Lot Size | 152.70 AC |
| Price Per AC | $58,886.93 CAD |
| Price | $8,992,035 CAD |
| Price Per AC | $58,886.93 CAD |
| Lot Size | 152.70 AC |
Largest land parcel left in the Village of Washingtonville with water and sewer. There are presently two proposals, one for a multi family subdivision and one for a commercial warehouse project. All are stalled due to a moratorium.
DESCRIPTION
Largest vacant land parcel left in the Village of Washingtonville with WATER AND SEWER. There are two contiguous parcels. 121-1-1.1 is 88.5 acres and the contiguous parcel of 64.5 acres is SBL 119-1-1.1. There was a full engineered plan done in the late 2000's for an age restricted high density housing development. Solar lease in place on the 64.5 acre property, which brings in $30,000 yearly and has yearly bumps in rent for 30 years. There are two concept plans, one showing multi family and the other commercial. Village is presently in a moratorium. Seller is keeping the old farmhouse and one outbuilding on new SBL 118-1-4, which is 3.43 acres.
PROPERTY TAXES
| Parcel Number | 332001-121-000-0001-001.100-0000 | Improvements Assessment | $316,623 CAD |
| Land Assessment | $245,299 CAD | Total Assessment | $561,921 CAD |
PROPERTY TAXES
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23 South Street st - Maringoman
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