860 Vestal Rd
$1,599,000
860 Vestal Road, Vestal, NY 13850
94,365 sqft
Building Size
5.06 acres
Lot Area
Details:
Description:
Offered for sale is this rare Vestal development opportunity. This is an approved development of a 128 Unit 55+ community in Vestal, NY. The existing structure is approximately 86,867 Square Feet the development plans call for increasing the square footage to approximately 135,597 Square Feet. The average income in Vestal is 44% higher for Households than the remainder of Broome County and 35% higher for families. This site is directly on Old Vestal Rd. with 531.76 ft of Vestal Rd frontage. This site is very close to the I86, State Route 434 and State Route 26 interchanges. This project has a low barrier to entry. At the asking price there is immediate equity. With an estimated end market value of $40,415,416. Estimated time to project completion is 18 months.
Existing structure is 86,867 sq ft. Directly on Old Vestal Rd with 531.76 ft of Vestal Rd frontage. Close to I86, State Route 434 and State Route 26.
Rare Vestal development opportunity. 128 unit 55+ community in Vestal. Immediate equity.
Documents:
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| 860 Vestal-OM |
Location
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