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Titusville - Approved 136 Lot Subdivision - Daley Farm
149 Acres of Residential Land Offered at $10,000,000 in Poughkeepsie, NY 12603
Investment Highlights
- Local Average New Construction Price Per Foot (2021-2022) - $242
- Fulfills dramatically underserved demand for new single-family homes and town-homes.
- Inventory shortage across Dutchess County, with resale inventory down 14% from Q1 2021 to Q 2022
Executive Summary
The final map is in the process of being filed and infrastructure improvements could begin Summer 2022, and construction by early 2023. The current site plan calls for 136 lots: 51 single-family (0.5-1 acres), 9 estate (1.5-8 acres), and 76 town-homes. Each property will be tied into municipal water and sewer.
Property Facts
| Price | $10,000,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 149.00 AC |
| Price | $10,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 149.00 AC |
1 Lot Available
Lot 1-136
| Price | $10,000,000 | Lot Size | 149.00 AC |
| Price Per AC | $67,114 |
| Price | $10,000,000 |
| Price Per AC | $67,114 |
| Lot Size | 149.00 AC |
149 acres for 136 lot subdivision
Description
This is a fully approved 136 lot subdivision in the Hudson River Valley. Located on Titusville Road between Noxon Road and Daley Road, this is one of the area's most sought after locations. The Taconic State Parkway, Metro North train and Amtrak are all within a few miles of this former farm, making it an ideal location for commuters as well as the local workforce supporting area employers like IBM, Nuvance Medical Center, Marist College, Vassar College, Culinary Institute of America, and more. The property also borders the Dutchess Rail Trail, a section of the Empire Trail bike system trail system that includes the Walkway Over the Hudson, the world's second-longest pedestrian footbridge.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $440,000 | |
| Land Assessment | $2,334,800 | Total Assessment | $2,774,800 |
PROPERTY TAXES
zoning
| Zoning Code | R40 (Residential) |
| R40 (Residential) |
-
Brian Mossey -
BHHS Hudson Valley Properties
Presented by
Titusville - Approved 136 Lot Subdivision - Daley Farm
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