(Prime Redevelopment Opportunity) Property Description Presenting a prime development opportunity in Vestal, NY, with approved plans for a 128-unit 55+ community. The project includes expanding the existing 86,867 SF structure to approximately 135,597 SF. Situated on Old Vestal Rd., the property features 531.76 feet of road frontage and seamless access to I-86, State Route 434, and State Route 26. Household incomes in Vestal exceed the Broome County average by 44%, and family incomes are 35% higher, underscoring the area’s strong market potential. The project offers immediate equity at the asking price, with an estimated end market value of $40,415,416 and a projected completion timeline of 18 months. Location Description An Ideal location for many types of housing. This is visible from the Route 26 Bridge from Vestal to Endicott. On the Vestal side. Fast and easy access to the I86, I81 and State Route 434 interchanges. This location is a 15 minute drive time to the entire Binghamton MSA.