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Sue Serino

Sue Serino
Serino Realty

Real Estate Broker

4391 Albany Post Road
Hyde Park, NY 12538

845-229-1400
Contact Us

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Listing 1 out of 79
$1,500,000 For Sale
4 units | Multi Family Home
26.46 acres - MLS# 375380
Property Photo
1/18

Description

DEVELOPMENT OPPORTUNITY!! All four current lots listed below are included in this listing. Taxes and Assessment is as per Realist and include all four lots. SBL 6-462, 3, 410; 6-462, 3, 411; 6-462, 3, 412; 6-462, 3, 354. A 10,000 square foot building in park like setting on bucolic road with 3 existing building lots. 4-6 units can be developed in the 10,000 square foot building PLUS 3-5 building lots can be built on and sold. SEE OPTIONS IN ATTACHED DOCS! A preliminary analysis attached shows 4 options for improving the property as follows: 1. Option #1 = the three existing building lots are converted to 4 conforming building lots AND 1- 11.02 acre lot with 10,000 square foot building with 4 - 2 BR units (which can be expanded and reconfigured) - engineering and processing cost to approve $35,650. 2. Option #2 = the three existing building lots are reduced in size to conforming building lots AND 1 - 16.529 acre lot with a 10,000 square foot building which can have 6 new units (bedroom number determined by Board of Health filings) - engineering and processing cost to approve - $35,950. 3. Option #3 = The three existing building lots are converted to 4 conforming building lots AND 1-16.529 acre lot with 10,000 square foot building with 6 units (bedroom number determined by Board of Health filings) engineering and processing cost to approve - $43,550. 4. Option #4 = The three existing building lots are converted to 5 new conforming building lots AND 1-11.02 acre lots with 10,000 square foot building with 4 - 2BR units (which can be expanded and reconfigured) engineering processing cost to approve - $44,050.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Dutchess County
  • Zip Code: 12569
  • Year Built: 1900
  • School District: Arlington Central
  • Elementary School: Arlington Elementary School
  • Middle School: Arlington Middle School
  • High School: Arlington High School
  • Units: 4 units
  • Lot Size: 26.46 acres
  • Zoning: RLD
  • Above Grnd Sq Feet: 10788
  • Construction: Frame
  • Cooling: Window Unit(S)
  • Exterior: Brick, Wood
  • Finished Square Feet: 10788
  • Heating: Electric, Oil
  • Roof: Asphalt Shingles
  • Square Ft Source: Public Records
  • Status Details: Active
  • Township: La Grange
  • Water/Sewer: Septic, Well
Courtesy of Lawrence O'toole Realty Llc Wo



Sue Serino | 845-229-1400 | Contact Us
4391 Albany Post Road - Hyde Park, NY 12538
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