|Price/Rent PSF||$ 4,100,000.00|
Located on South Ohioville Road, this site is in the Town of Gardiner, however is bordering each of Town of New Paltz, Town of Lloyd, and the Town of Plattekill. It is however located within the ever desirable New Paltz School District. Additionally the location being relatively neutral to Newburgh, and New Paltz, its location offers both convenience to small town charm and small city shopping. Furthermore, the location offers dynamic views of the Shawangunk Ridge because of its set-back location and elevation.
KW Commercial is pleased to present this unique opportunity for a builder to come in and complete this development without the overhead and risk of subdividing as that process has already been completed. There is a total of 134 Building lots, of which 1 will be a commercial lot at the road frontage, and 1 will be a residential lot with Model home and sales office. After completion there will be roughly 165 acres remaining of open space, and 18 acres of road area. The property will use a private community system of drilled wells and a community septic disposal. It is planned with 6 designated phases, of which phases 1-3 will incorporate 58 vacant lots, plus the model home lot and the commercial lot. These lots will be restricted to homes no greater than 1,600 SF. Finished basements may be added, in addition to finishing rooms above garages. These homes will be considered "Work Force" housing, and as part of the approvals 6 of them will be required to qualify as affordable. Phases 4, 5, and 6 have no restrictions and many of which will also enjoy the best views of the Shawangunk Mountain Ridge.