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1 Warburton Ave - Fully Approved 21 Town Houses
0.24 Acres of Commercial Land in Hastings Hudson, NY 10706
Investment Highlights
- Approved and permitted for 21 residential units, this property is a developer's dream.
Executive Summary
Property Facts
Sale Type | Investment | Property Subtype | Commercial |
Sale Conditions | Redevelopment Project | Proposed Use | Multifamily |
No. Lots | 1 | Total Lot Size | 0.24 AC |
Property Type | Land |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Multifamily |
Total Lot Size | 0.24 AC |
1 Lot Available
Lot
Lot Size | 0.24 AC |
Lot Size | 0.24 AC |
Fully approved townhome development
Description
The Village Of Hastings recently approved a zoning change for the east side of the property, transitioning from R-10 (single-family residential) to M-R 1.5 (multi-family residential, with a minimum of 1,500 sq. ft. per unit). This new zoning allows for townhouse development, and the Hastings Planning Board granted final site plan approval for 21 townhomes on July 20, 2023. Our plan is to design, build, and sell 21 spacious, attached, three-story townhomes in four clusters-three on the East side of Warburton Ave, and one on the West side. Of the 21 homes, 19 will be high-end, market-rate residences, and 2 will be affordable units, each with an accessory apartment. The development is ideally located within walking distance of metro north and lies in the desirable Hastings School District, with one home situated in the City of Yonkers. Each townhome will feature: - 3 stories with a flat, green roof and rooftop deck - 2 bedrooms, a den, and 3.5 baths - Ceiling heights of 9 ft. at grade level, 10 ft. on the second floor, and 9ft. on the third floor - Market-rate units will include a two-car garage, and affordable units will have a one-car garage - Affordable units will not include rooftop decks This Development is the perfect opportunity to own a modern, sustainable home in one of the most sought-after locations in the River Towns.
PROPERTY TAXES
Parcel Number | 2607-004-160-00166-000-0003 | Improvements Assessment | $0 |
Land Assessment | $421,800 | Total Assessment | $421,800 |
PROPERTY TAXES
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1 Warburton Ave - Fully Approved 21 Town Houses
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