Description
**A Rare Development & Investment Opportunity** This is far more than three homesit's a unique opportunity to acquire **three adjoining properties totaling over 3 acres** in one of the area's fastest-growing locations: **234 Prospect Road 236 Prospect Road 242 Prospect Road** Being sold together, these three properties create a rare opportunity for **larger land, greater development potential, and multiple income possibilities.** The true value lies in the potential to **combine the parcels and pursue a potential multi-lot subdivision**, with the possibility of constructing multiple homes (subject to all municipal approvals). Strategically positioned **right at the boundaries of major new residential construction and rapidly expanding communities**, this property sits directly in the path of growth while remaining conveniently close to major shopping and surrounding areas. While pursuing future development, the **three existing homes provide immediate income-producing opportunities**, including long-term rentals, large-group or short-term rentals, or personal use while preserving the property's future potential. Whether you're a **developer, investor, or visionary buyer**, this is an exceptionally rare opportunity to acquire multiple adjoining properties with **existing income, substantial land, and significant long-term upside.** surrounding new construction, and remarkable potential of this one-of-a-kind opportunity.**
Details
| MLS # | 1035879 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1977 |
| Days On Site | 16 |
| Listing Provided By | eRealty Advisors, Inc | Joel Basch |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,761 |
| Acreage | 1.30 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard, Oil, Other |
| Interior Features | Other |
| Appliances | Other |
Exterior
| Construction Materials | Frame |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
Utilities
| Utilities | Electricity Connected |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 57200 |
| Tax Annual Amount | 15771.68 |
Area Information
| State | NY |
|---|---|
| County | Orange County |
| City | Monroe |
| Zip Code | 10950 |
| School District | Washingtonville Senior High Scho |
| Elementary School | Round Hill Elementary School |
| High School | Washingtonville Senior High Scho |
| Listing VS Median (in 10950) | |
Price: $999,000 low | high Med: $570,000 sqft: 2,761 low | high Med: 1,644 $ / sqft: $362 low | high Med: $347 On site: 16 low | high Med: 65 | |
Market Activity 10950
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| State | NY |
|---|---|
| County | Orange County |
| City | Monroe |
| Zip Code | 10950 |
| School District | Washingtonville Senior High Scho |
| Elementary School | Round Hill Elementary School |
| High School | Washingtonville Senior High Scho |
| Listing VS Median (in 10950) | |
Price: $999,000 low | high Med: $570,000 sqft: 2,761 low | high Med: 1,644 $ / sqft: $362 low | high Med: $347 On site: 16 low | high Med: 65 | |
 | $2,200,000215 Prospect RoadMonroe, NY 10950 |