UNIQUE OPPORTUNITY IN PRIME LOCATION! Offered for the very first time - one of the Hudson Valley’s largest fully approved, shovel-ready projects! This 187-unit townhome complex has 8 units completed, leased and generating income, with 179 ready to build. This project is currently designed and being marketed as a high-end/luxury market rate rental project and can be converted to individually owned townhomes if desired. The current unit layouts offer 3 levels of living, with garages and a metro design concept with functional flow, utility and natural light. Most of the infrastructure is already in place, from drainage ponds to underground utilities. Road cuts and clearing complete; building permits can be pulled immediately. A lucrative opportunity to provide much needed housing relief in a rapidly growing region. Located just off Highway 17/86 and just minutes to Bethel Woods, Resorts World, and a renaissance in downtown Monticello. Scenic views of the Catskills abound. Get in at ground level! Don’t wait!
| MLS # | H6307280 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 2023 |
| Days On Site | 826 |
| Listing Provided By | Keller Williams Realty | Melinda White |
| SQ Feet | 12,768 |
|---|---|
| Story(s) | 2 |
| Units | 187 |
| Building(s) | 1 |
| Zoning | RM |
| Acreage | 15.12 |
| Cooling | Central Air |
|---|---|
| Heating | Electric, Forced Air |
| Appliances | Electric Water Heater |
| Construction Materials | Modular |
|---|---|
| Lot Features | Level, Part Wooded |
| Parking Features | Common, Garage, Parking Lot, Private |
|---|
| Sewer | Public Sewer |
|---|
| Tax Year | 2023 |
|---|---|
| Tax Assessed Value | 1918100 |
| State | NY |
|---|---|
| County | Sullivan County |
| City | Monticello |
| Zip Code | 12701 |
| Community Name | Monticello Crescent Luxury To |
| State | NY |
|---|---|
| County | Sullivan County |
| City | Monticello |
| Zip Code | 12701 |
| Community Name | Monticello Crescent Luxury To |
![]() | $1,900,000589-593 W BroadwayMonticello, NY 12701 |