26.5 Acre Prime Development Site - Adjacent to former Kingston IBM

Highlights:

• Municipal Water/Sewer
• Flexible Zoning allows a multitude of uses
• Access to I-87
• Existing Rental Income and Site Improvements

Description:

26.5 acres adjacent to the former IBM (iPark 87) and a short drive to I-87 in an active manufacturing, warehouse, office and retail commercial corridor in Kingston, NY. Very flexible Office and Manufacturing Zoning (OM) with a multitude of potential uses. Permitted uses include: Multi-family, Hospital, Education, Hotel, Kennel, Office/Medical, Manufacturing, Heavy Industrial, Junk Yard, Recycle Yard, Self-Storage, and many more. This property is serviced by municipal water/sewer and electrical services. Excellent potential for large warehouse/distribution facility or multi-family development. Zoning allows 1 dwelling unit per 10,000 feet with a 2,500 square foot recreation area. Currently the property has 6 rental properties, barns and storage buildings. Located on a private cul-de-sac road and borders the Esopus Creek. Minutes to major highways including I-87 and Route 9W.

Adjacent to the former IBM Campus and Tech City (Now iPark 87). Less than 2 miles to NYS Thruway Exit 19.

Relatively flat land adjacent to Esopus Creek. Multiple existing residential and barn structures exist. A portion of the land adjacent to the creek is AF Flood Zone according to parcel access. The remaining 60% plus is Zone X.

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