29 Unit Approved Development Site For Sale

Description:

1380 ALBANY POST ROAD
Riverwoods, the development site located at 1380 Albany Post Road, Croton on Hudson offers developers the opportunity to purchase a fully approved 29-unit multifamily development with a superior location. Adjacent to the Graff Audubon Sanctuary, the property is minutes from the Hudson River with easy access on the Metro-North Hudson Line to Grand Central Terminal and easy access to scenic Route 9 which runs north-south along the Hudson River. A special permit for the development was issued in 2022 and renewed in June of 2025. The plan calls for construction of a 3-story, wood frame building, consisting of (29) units, (26) free market units and (3) affordable units in compliance with local laws. It is estimated that the gross buildable for the development to be 27, 654 SF. A breakdown of the units mix reflects (16) one-bedroom units and (10) two-bedroom units with a highly amenitized lobby.

The Riverwoods Development is located at 1380 Albany Post Road in the North End Gateway District of the Village of Croton-On-Hudson, Westchester County, NY. The parcels (lots 14 and 15) are in bucolic wooded area on 1.6+ acres of land, nestled between Hudson National Golf Club and Oscawana Park. The site offers just the right amount of exurban lifestyle with easy and convenient access to major retail, dining and cultural opportunities. With easy access to the Hudson River, residents who enjoy boating are able to access many of the marinas along the waterfront.

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