308 NY-28 - Commercial LAND FOR SALE


Kingston, NY 12401 4,408,272 SF
$1,700,000 USD
845-417-8300
308 NY-28, Kingston, NY for Sale
$1,700,000 USD
Commercial LAND - FOR SALE
1/29
4,408,272 SF

308 NY-28
Kingston, NY 12401


HIGHLIGHTS

  • 100+ acre lot along Rt 28 near Kinston - main thoroughfare between NYC and Woodstock/Catskill Mountains
  • 1.5 miles from 1-87 Thruway Exit 19
  • First 500 feet of lot depth zoned Highway Commercial - self-storage, campground, warehouse, motel, light industry, and recreational uses all allowed
  • Commercial portion of lot is flat, cleared, and accessible, with 17,000 passing cars per day
  • Beautiful stream and mountains to the rear - ideal for residential, multifamily, or campground development
  • Lot improved with renovated 2BR house and leased 5,000 sf barn - can provide income to carry the property while being developed

OVERVIEW

Rare opportunity to acquire and develop more than 100 acres of prime land along Route 28 near Kingston. Route 28 is the primary thoroughfare that connects New York City to Woodstock and the Catskills Region, with 17,000 passing cars per day. The property includes approximately 1,000 linear feet of frontage along Route 28, and is just 1.5 miles west of the I-87 Thruway Exit 19. The parcel's zoning is very favorable to development, and includes both a commercial and residential component. The first 500 feet of lot depth along Route 28 is zoned HC (Highway Commercial). The HC zoning allows a wide range of commercial uses, including self-storage, warehouse, RV campground, hotel/motel, restaurant, service business, contractor yard, light industry, office, recreational facility, and wholesale business. The commercial portion of the lot is flat, cleared, and accessible, with approximately 8 buildable acres of land, allowing for a significant commercial development. The remainder of the lot is zoned R-60, allowing residential development on lots of approximately 1.5 acres. In addition to single-family residential use, the R-60 zoning allows multi-family apartments, campgrounds, and manufactured home parks. The middle portion of the land includes a beautiful year-round creek and rises to foothills in the rear, backing up upon the Bluestone Wild Forest. This 3,000-acre New York State forest preserve ensures permanently-protected views and natural land adjacent to the property. The forested, hilly rear portion of the lot would be ideally suited to high-end homes or apartments, and could also serve as tent and drive-in car campsites, if the front of the property was developed as an RV campsite. The property is currently improved with two curb cuts, a large 5,000 square foot barn that is rented for $1,200/mo, and a two-bedroom home. The house was recently renovated, with a new 200-amp electrical service, new PEX plumbing, a new high-efficiency heat-pump hot water heater, new central heat-pump HVAC, and all new thermal windows. The house could be leased for at least $2,000 /mo + utilities, but is being held vacant in the event a buyer would like to use the house for themselves or their property manager. Bring your vision to this large, beautiful, convenient, and highly-visible Hudson Valley development site!

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/ACRE

$16,798/AC

PRICE/SF

$0.39 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Office, Multi-Family, Apartment Units, Contractor Storage Yard, Distribution, Industrial Park, Manufactured Homes/Mobile Home Park, Motel, Office Park, Self-Storage, Warehouse, Agribusiness

LAND ACRES

101.2 AC

LAND SF

4,408,272 SF

OFFSITE IMPROVEMENTS

Electricity, Streets, Curb/Gutter/Sidewalk

ZONING

HC + R-60

APN/PARCEL ID

5400-048.009-0001-026.100-0000,5400-048.009-0001-027.110-0000

ASK ABOUT THIS PROPERTY

Matt EylerNew Paltz PropertiesMore Info
845-417-8300

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Matt EylerNew Paltz PropertiesMore Info
845-417-8300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.