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86 Jefferson St - Place Development Grp

6.9 Acres of Commercial Land Offered at $3,600,000 in Monticello, NY 12701

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Executive Summary

This is a great development opportunity. This property has town water and sewer.
Municipal Water & Sewer
Municipality: Village of Monticello, Sullivan County
Approvals with 35’ ceilings.
50’ ceilings may be possible with a variance
Currently in the final stages of approval.

Jefferson St Monticello

Property Facts

Price	$3,600,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial
Sale Conditions	Distress Sale Build to Suit Lease Option Redevelopment Project	Total Lot Size	6.90 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.
Property Type	Land

Price	$3,600,000
Sale Type	Investment
Sale Conditions	Distress Sale Build to Suit Lease Option Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	6.90 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	$3,600,000	Lot Size	6.90 AC
Price Per AC	$521,739

Price	$3,600,000
Price Per AC	$521,739
Lot Size	6.90 AC

3 different tax lots to equal 7.10 AC

Description

This 6.9 acre vacant land site is soon to be approved for a 121,000 square foot industrial building. Ideal for warehouse, distribution, refrigerated food warehouse, 3rd party logistics and more. Will be sold with municipal approvals in place. Municipal Water and Sewer Available! Located 1/4 mile from Exit 104 of nY17/I-86 in the Village of Monticello, Sullivan County. The site is already cleared and partially graded. Inexpensive site work conditions. Building details: approximately 121,000 sqft to be built with up to 35' ceilings. 27 truck parking and 61 car parking. Sullivan County is Open for Business! Parcels included in the sale: 104-2-Lots 10, 11.2, 11.3, and portion of lot 13. Located in the BLI (Light Industry) zone.

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