236 Prospect Road, Monroe, NY 10950

$999,000
3
BD
2
BA
1,987
SqFt

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List Price
$999,000
Status
ACTIVE
Days on Market
35
Price Change
▼ $101,000 1788308774
MLS#
1035870
Subtype
Residential
Style
Split Level
Year Built
1979
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,987
Lot Size
40,417
Acres
0.93
Neighborhood
Monroe

Property Description

Rare Development & Investment Opportunity A truly one-of-a-kind opportunity to acquire three adjoining properties together: 234 Prospect Road 236 Prospect Road 242 Prospect Road Together, these properties offer over 3 acres in one of the area's fastest-growing locations. The true value lies in the opportunity to combine all three parcels and pursue a potential 14 side-by-side homes, with the potential to create a 35-home development (subject to all required approvals). Opportunities of this size, location, and flexibility rarely become available. Ideally situated between rapidly expanding residential communities and major shopping destinations, this property offers exceptional long-term growth potential. While planning for future development, the existing three homes provide immediate income in virtually any way you choose—continue with the current tenants, lease to long-term tenants, accommodate large groups for weekend or seasonal rentals, create a private compound, or customize the properties to fit your own investment strategy. Whether you're a developer, investor, or end user, the possibilities are truly endless. See the attached development concept, subdivision plans, and location maps to fully appreciate this exceptional opportunity.

Additional Information

Interior Features
Other
Taxes
$13,379
Property Description
Split Level
Appliances
Other
Heating
Baseboard, Other
Air Conditioning
Wall/Window Unit(s)
Parking
Driveway
Parking Features
Driveway
Garage Spaces
2
School District
Washingtonville
Elementary School
Round Hill Elementary School
Middle School
Washingtonville Middle School
High School
Washingtonville Senior High School

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Joel Basch (joel@prestigert.com) from Listing Office: eRealty Advisors, Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.