Property Details

Overview

Very unique development opportunity in the Town of Fishkill, Dutchess County NY. Less than half a mile from Interstate Route 84 exit/entrance, great location for commuters. Ideal development site for CLUSTER HOUSING / TOWN HOMES / Apartments Two (2) adjoining subject lots, total of 21.8 acres zoned RMF-5 (12 units per acre zoned by right = 261 Units). The two lots shared lot lines (with frontage on two (2) roads, Route 52 and Old Glenham Road. Municipal SEWER AND WATER at the frontages. IF affordable units are built, then an additional 15% (39 units) can be built based on current code.Two fully developed and sold/occupied condo developments directly across the street. (Toll Brothers c. 2015 assessed $630K)There is a small area of slight sloping topography in some areas of subject lots. No visible surface water. GIS mapping identifies a small area in the wetland check zone. This may or may not impact the development of the site.NOTE: Potential for a possible additional 4-acre parcel (shared lot line) owner will subdivide at buyer’s expense. IF all 3 parcels are developed, total of 355 units at a price of $16, 500 ($46.4K per unit).