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468 Lake Shore Dr E - Battery Park Villas

31 Acres of Residential Land Offered at $700,000 in Dunkirk, NY 14048

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Investment Highlights

700 feet of cliffside lakefront
approved plans with state and county

high housing demand

Executive Summary

Seller will subdivide into two 15 acre parcels (lakefront and road front).

468 E Lake Road GIS Map

468 LAKE ROAD - ENLARGED SITE_88 UNITS with 30 GARAGES (4-26-2017)

Property Facts

Price	$700,000	Property Type	Land
Sale Type	Investment	Property Subtype	Residential
Sale Conditions	1031 Exchange Build to Suit Bulk/Portfolio Sale Redevelopment Project	Total Lot Size	31.00 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$700,000
Sale Type	Investment
Sale Conditions	1031 Exchange Build to Suit Bulk/Portfolio Sale Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	31.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$700,000	Lot Size	31.00 AC
Price Per AC	$22,581

Price	$700,000
Price Per AC	$22,581
Lot Size	31.00 AC

Development site approved for multifamily and residential development. Engineering, plumbing, and septic surveys approved. Plot plan, common area landscaping and architectural designs approved.

Description

Former wetlands that's been properly graded and cleared for building up to 96 units of multifamily and residential housing. Engineering, architectural and landscaping plans approved. Located across from a new biomanufacturing plant expected to open in 2022.

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